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Are South Africans not looking enough at offshore exposure?

‘There is a natural bias towards the US, but that may not always be the case going forward’: Prandhana Naidu from Melville Douglas. ....

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An overview of private banking accounts

Private banking clients’ needs tend to be of a complex nature and normal bank accounts simply won’t do. We give a rundown of some of SA’s flagship private banking accounts.
Private banking is about more than just wielding a glossy black card. While retail banking is a one-size-fits-all solution, private banking clients’ needs tend to be of a complex nature. A case in point is access to a broader range of foreign exchange services to either invest internationally, make payments overseas, receive money from abroad or accessing foreign currency to travel.
Above all, at the core of private banking lies wealth management. ....

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