Discovery Bank clients can experience the only Real-Time Forex Accounts. Now.

Discovery Bank is bringing the currencies of the world to you!

Discovery Bank clients can now access our Discovery Bank Forex Accounts and Open. Convert. Save. Pay. In seconds.

Open our forex accounts in the Discovery Bank app, 24/7

Discovery Bank clients can open a British Pound, Euro and US Dollar Account instantly in the banking app - without having to send any paperwork or provide any additional documentation.

How to open a Forex Account

1. Log in to the banking app.
2. Tap Accounts.
3. Tap on the top-right corner.
4. Select Add account.
5. Tap on Forex Accounts.
6. Select a British Pound, Euro or US Dollar Account, or all three.
7. Review the details and tick the relevant T&Cs.
8. Tap Accept to complete the request.

Once you've opened your account, you can instantly convert your Rands to start saving and transacting in British Pounds, Euros or US Dollars. Plus, you can see all your foreign currency balances as part of your banking portfolio on the app.

Convert your money and pay zero transaction fees

The Discovery Bank Forex Accounts give you more control when you convert your Rands to British Pounds, Euros or US Dollars.

You pay zero transaction fees when you transfer money between your foreign currency and Rand accounts. Plus, make the most of currency movements by locking in your exchange rate in real time.

Need help keeping track of your foreign currency allowances? You can use our forex allowance tracker to know exactly how much of your allowance you've spent through Discovery Bank.

Save your money in three global foreign currencies

Saving for a big bucket-list item or a dream holiday? You can now save your money in British Pounds, Euros or US Dollars with no minimum balance. Plus, maximise your savings by converting your Rands instantly to buy foreign currency in real time.

Pay in over 60 currencies

Whether you're shopping online or booking that dream holiday, you can pay for it in over 60 global currencies. Plus, get a real-time conversion quote instantly before you make a payment in your banking app.

Our flexible fee structure lets you choose how you pay for each transaction - take the fees on yourself, split them with the recipient or pass them all to the recipient.

And when you're on that dream holiday abroad, you can make secure payments with your free multicurrency virtual card using your favourite smart device, or add a multicurrency physical debit card to make cash withdrawals.

You can also receive international payments straight into any of your foreign currency and Rand accounts, in the currency of your forex accounts or in Rands, respectively.

Expand your banking portfolio by opening one or more of our Discovery Bank Forex Accounts today.

You need to be an existing accountholder of a Discovery Bank Transaction Account, Card Account or Suite and 18 years or older.