SME Treasury Services
At Standard Chartered SME Banking, we invest time to understand your business & provide solutions on foreign exchange requirements as you continue to expand in international markets. You can select from a wide range of products, from simple spot and forward foreign exchange transactions to complex derivative structures. These products help you manage risk on currency and interest rate exposures as well as provide yield enhancement opportunities on your deposits
Dedicated Sales team
We have a dedicated Sales team to keep you informed and assist you to choose the treasury products best suited to your needs. The sales team stays in touch with customers and understands their business to ensure that we give you the best service that we can.
Foreign Exchange
Innovative foreign exchange (FX) solutions are a key element of Standard Chartered award-winning financial markets capabilities. Few providers, if any, have the depth and breadth of our FX coverage; none can match our capabilities in emerging markets, illiquid and restricted currencies. Whether you need to manage risk or look at investment opportunities, our superior integrated solutions can make all the difference to your business.
We offer a comprehensive range of solutions from simple strategies executed online, via our Online Treasury (OLT) on Straight2Bank, to sophisticated tailored strategies with our experienced Sales team.
Features
- Preferential exchange rates.
- No commission charged for purchase / sale of foreign currency.
- Global network of correspondent banks.
- Dedicated telegraphic transfer counters at selected branches.
- We operate in over 1700 locations in over 70 countries, specialising in Asia, Africa & the Middle East, with over 80,000 employees.
Foreign Currency Current Account
We believe that you shouldn't have to worry about running out of money when you need it, or having to carry large sums of cash.
Designed for convenience and simplicity, our Foreign Currency Current Account allows you to enjoy ease of payment for purchase of goods and services.
Features
- Non-interest bearing account with cheque writing facility.
- Cheque books available in Foreign Currencies.
- Low initial deposit of USD 1,000 or its equivalent in other currencies for companies to open an account.
- Available in USD, GBP, EUR and ZAR.
- Free consolidated eStatement allows for easy monitoring of funds.
- Foreign currencies transactions can be done at all Standard Chartered Branches in Zambia.
Account Opening Requirements
- Individuals aged 18 years and above.
- Non-profit / Charitable organizations, clubs, societies and associations.
- Sole-proprietors, partnerships, private limited companies and public companies.
Foreign Exchange Spot
- Exchange of one currency for another whose delivery / settlement takes place within two working days.
Foreign Exchange Forward
- Forward contract - An agreement to exchange a specified amount of one currency for another at a future date at an agreed rate.
Payment Solutions
You can settle your local and overseas payments by using our Foreign Currency Cheques, telegraphic transfers, Straight 2 Bank and bank drafts at affordable and preferential rates.
For further information on the Global Markets (Treasury) Product Suite contact:
Shashank Mehta
Head of Consumer Banking Market Sales (Treasury)
Standard Chartered Bank Zambia
Tel: 00 260 211 228406
Email: Shashank.Mehta@sc.com
Edgar R Syanjelele
Team Leader / Senior Sales Manager - Consumer banking Market Sales (Treasury)
Standard Chartered Bank Zambia
Tel: 00 260 211 224826
Email: Edgar.Syanjelele@sc.com
*Terms and Conditions Apply*