Important Announcement for FirstRand Customers:
All FirstRand Savings, Current, Easy Banking and Non-resident Customer accounts moving to HDFC Bank
Our deep experience and expertise in the Indo-Africa trade corridor enables us to provide a wide range of services to banks and corporates who trade with Africa.
Indo-Africa Trade Desk
The Indo-Africa Trade Desk from Firstrand Bank is a specialized end-to-end solution for your trade requirements with Africa. It is a dedicated hub for processing trade transactions in India
Guarantee Reissuance
We provide guarantee reissuance services in the following countries:
South Africa
Lesotho
Swaziland
Namibia
Botswana
Zambia
Mozambique
Nigeria
Ghana
Kenya
LC Solutions
LC Advising
With our vast network of banks in Africa we can facilitate LC advising across the continent.
LC Confirmation
With our deep understanding of African banks we can provide risk cover and/or confirm letters of credit with various banks in Africa.
Advantages for corporates and banks
- Single point of contact
- Dedicated service desk
- High speed processing
- Transaction status updates
Other solutions
Trade guarantees
One stop shop for bid-bonds, performance, advance payment and retention guarantee issuances in Africa.
Africa risk solutions
Confirmation of letters of credit issued by various African banks from South Africa, Nigeria, Kenya, Ethiopia etc. as well as other non-African banks based on our internal credit parameters.
Local account in Africa
Transactional banking support through local African accounts for the projects under execution in Africa from your office in India.
Foreign exchange
Talk to us about your foreign exchange conversion, hedging, currency views and research reports for various African currencies.
Africa research
Should you wish to explore Africa market opportunities and potential for your products, or need regular updates on African nations, you can subscribe to our research updates.
Cross-border advisory
Our investment banking team specialises in cross-border and domestic M&A advisory, equity capital markets and structured capital raise solutions.