Frequently Asked Questions on Nostro Foreign Currency Accounts (Nostro FCA) and RTGS Foreign Currency Accounts (RTGS FCA)
In line with the Monetary Policy Statement issued in terms of Section 46 of the Reserve Bank of Zimbabwe Act [Chapter 22:15] and Exchange Control Directive RT120/2018, we are pleased to advise that you can now open Nostro Foreign Curency Accounts.
Please note, that with effect from 13 October 2018, the Intermediated Money Transfer Tax chargeable in terms of section 36G of the Income tax Act will be 0.02 United States Dollars on every dollar transacted for each transaction on which the tax is payable.
CABS would like to advise its valued customers that the Society has reviewed the terms and conditions for Textacash with effect from 1 July, 2018.
CABS would like to advise its valued customers that, in addition to Society's card usage terms and conditions; clients are to observe the following security tips when transacting:
Withdrawal of bill payments, RTGS, and inter account transfer services from the branch with effect from 15 June 2018.
We would like to advise our valued customers that the Society has, with immediate effect, made changes to DStv payments.
We would like to advise our customers that we extended our Mobile Banking Call Centre business hours.
We are delighted to advise you that we re-launched our Gold Class account with effect from 5 May 2017.
Audited Financial Results For the year ended 31 December 2016