Receive, hold, and earn interest in
U.S Dollars


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How much could you be earning?


How much could you earn

Interest accrues at a nominal rate of 2.68%* per annum, compounding monthly, and is linked to the

 

   

means the secured overnight financing rate for US dollar-denominated financial products such as loans and derivatives published daily by the Federal Reserve Bank of New York, as the administrator of the benchmark (or its successor administrator.

Daily rate updates can be viewed here

*Quoted rate is current rate as of 11 July 2023 and is subject to change

Returns Calculator

Use the calculator to estimate potential returns over 1 year.
Note that the Rand value is impacted by exchange rate fluctuations. Over the past 4 years, the Rand weakened relative to the US Dollar by an average of 7.2% per year.*
*Past performance is not indicative of future performance.
Initial Investment R 200,000 ~ $11,111 Initial Investment
R 216,623 ~ $11,462 After 1 year
After 1 year
R 216,623 50%
~ $11,462 100%

In this scenario, we assume a 5% weakening of the Rand against the US Dollar over a 1-year period. As a result, your investment's performance in Rand terms increases.

Here we assume the Rand to US Dollar exchange rate remains stable over a 1 year period. In both US Dollar and Rand terms your investment grows at the nominal interest rate.

This scenario assumes that the Rand goes the other way and strengthens by 5% against the US Dollar over a 1 year period, resulting in the performance in Rand terms decreasing.
*Calculations assume a USD/ZAR of R 19.00 and an annual effective rate of 2.68% (net of commission).
50% 100%

How does it work?


Getting started is simple, and our expert team will be there to guide you every step of the way.

01 Register Online:

Complete a simple online form and provide us with the documents below.

02 Deposit Funds:

Once the USD Call Account is opened, we'll help you deposit your funds.

03 Earn Interest:

Each month your US Dollar interest will automatically accrue in the account.

Get in touch


Head Office

66 Roeland Street, Cape Town, South Africa