ForeignExchange

Nostro Services for Foreign Banks

As part of the FirstRand Group, our network of correspondent banks spans more than a thousand banks in over a hundred countries. This network of partners enables us to offer best-in-class banking solutions wherever our clients operate.

FNB and RMB win Best Foreign Exchange Provider award

FNB and RMB have jointly been recognised as the Best Foreign Exchange Provider by Global Finance Magazine for the fourth year running .

Forex: To hedge or not to hedge?

RMB Botswana's Lesego Osman says forex hedging allows firms to focus on their core business whilst allowing their trusted banking partner to ensure their forex risk is adequately mitigated. In this article he highlights the benefits of forex hedging.

RMB, FNB announced as Best Foreign Exchange Providers

RMB and FNB jointly won the Best Foreign Exchange Provider in SA for the 7th consecutive year at the World's Best Foreign Exchange Provider awards, held by Global Finance.

RMB offers foreign currency clearing solution in Africa

RMB has partnered with two large international banks to offer a foreign currency clearing solution to banks across SSA, with RMB acting as a regional clearing hub to clear foreign currencies.

RMB and FNB lead the pack as Africa’s Best Foreign Exchange Providers

19 February 2024: RMB and FNB have jointly been recognised as Africa’s Best Foreign Exchange Providers at the 24th annual World's Best Foreign Exchange Provider awards, held by Global Finance. In addition, RMB Namibia was announced as the Best Foreign Exchange Bank in the country as part of the Gordon Platt Foreign Exchange Awards.

Non-governmental organisations

NGOs play a vital role in serving social, economic, environmental and humanitarian causes in communities across Africa.

Manage risk

At RMB, managing risk and protecting our clients' portfolios against volatile conditions, is what we do best.