Correspondent Banking

Rand Account Services (RAS) maintains the rand-designated currency accounts of foreign financial institutions. We provide Nostro accounts, CLS Nostro accounts and Cash account services, including electronic transfers and cash management solutions to banks and brokers worldwide.

We provide foreign financial institutions with trading, custody and commercial payment accounts, with award-winning product functionality and best-in-class quality service. With a significantly experienced team, ongoing investment in technology and a focus on innovation, RAS provides high quality, value-added banking services tailored to meet the specific needs of our clients.

RAS focusses on:

• Timeous transaction processing
• Quick, reliable query resolution
• Superior, integrated technology
• Automated, efficient processes
• Rigorous security and thoroughly tested DR/BCP measures

The RAS Online view offers access to Rand accounts on a real-time basis. It provides a full range of search tools plus enhanced management information for optimal transaction and account management.