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Foreign curreny account
Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Which would be the best bank in Kenya to have/open a foreign curreny account with that has web transations enabled? Appreciate your kind assistance
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Rank: New-farer Joined: 1/16/2010 Posts: 15
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Talk to Fidelity Bank. They have better rates than forex bureaux.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Kim Ani wrote:Talk to Fidelity Bank. They have better rates than forex bureaux.
Thanks Kim, however what am looking for is to run a foreign exchange account not to change currency. I need a bank that has good forex account terms with enabled web transactions for the account holder.
Having said i will check out Fidelity and get to see what they offer
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Rank: New-farer Joined: 1/16/2010 Posts: 15
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Was looking for the same thing as you. a foreign account that i could run from outside the country. Good exchange rates are important when you want to move money from your FA to your local account. also the ease at which you can do so is also important. I like the fact that FB is relatively small so your are not having to deal with x number of people to get something done.
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Rank: Member Joined: 10/26/2008 Posts: 380
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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There's a bunch of these. I have strong belief that if u have a savings account, it should be in a foreign currency that doesn't inflate as much as ours eg USD or chf(swiss franc). Try Stanchart. No ledger fees. And u get a buncha free stuff (free tt, bankers cheque ) etc
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Foreign curreny account
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