Requirements for Opening an Absa Bank Foreign Currency Account

Did you know that Absa Bank allows Kenyans to run and operate a foreign currency account? Well, now you know you can open an Absa Bank USD dollar account, a GBP account, a EUR account as well. And this can also be done online. You can open the account online when you have the requirements for opening an Absa Bank Foreign Currency Account.

Apart from the online application to open an Absa Bank Foreign currency account? This can also be done at the physical bank premises. This is article shows the requirements, the minimum amount one can deposit to operate the account, the interest rates and so much more.

Types of Absa Bank Foreign Current Accounts

There are various foreign currencies but the banks only allows specific currency accounts. In this regard, Absa Bank allows kenyans to operate foreign currency accounts in the following currencies. The accounts are called: –

• EUR current account
• GBP current account
• USD current account

Those are the only currencies available at Absa Bank. They are USD Dollar, GBP (Sterling Pounds) and EUR (Euro)

Requirements to Open an Absa Bank Foreign Currency Account

The following are the documents needed to open USD current account at Absa Bank Kenya PLC. Note that all the documents are the same for all the foreign currency accounts and can be done online through a link we will share below.

• Copy of Kenya National ID (PDF)
• Your signature on a white background in JPG or PDF as well
• A phone with front camera (clear) camera to take a photo of yourself

How to Open An Absa Bank USD Dollar Account

The following is the procedure for opening all the Absa Foreign Currency accounts online. Additionally, make sure you have the above documents in soft copy as they will be uploaded online.

• Open your Browser and search for Absa Bank Foreign Account
• You can additionally use the link below for onboarding to open the account online – https://www.absabank.co.ke/personal/open-a-foreign-currency-account/
• Once the above page has loaded click on the Open USD dollar account for USD account or any other to be redirected to the onboarding page.
• Fill in the required information and verify your identity then submit for verification and an account is opened in your preferred currency.