SARB Exchange Control Regulations Update

	Dear Customer Change in interest rate for Standard Bank Credit Card Facility account. The South African Reserve Bank (SARB) announced on Thursday 20 November 2025, that the repurchase rate (repo rate) has decreased by 25 basis points. Effectively, this decreases the repo rate to 6.75% and the prime lending rate to 10.25%. As a result of your Standard Bank Credit Card Agreement including a variable interest rate that is linked to the repo rate: The interest rate applicable to that Standard Bank Credit Card Agreement will be amended accordingly. The interest amount calculated on your outstanding balance on your Standard Bank Credit Card Facility will change accordingly.
Please review the attached document for an overview of the updates.
	If you require further assistance, please contact the Forex Advisory Desk at 0800 222 050 or reach out to your business development manager.
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	If you have any queries, Give us a call ; General customer enquiries · 0860 123 000. International. +27 11 299 4701.  Kind regards, Standard Bank