South Africa is home to a growing community of freelancers, remote workers, and digital entrepreneurs offering services to clients across the US, UK, and Europe.
However, while working with international clients can be highly rewarding, receiving payments remains a major challenge. High transfer fees, poor exchange rates, and long processing times often reduce earnings and cause unnecessary delays.
With a Grey account, freelancers in South Africa can receive payments in USD, GBP, and EUR, convert at competitive rates, and withdraw directly to their South African bank accounts.
Choose your country: Select your current country of residence. This helps Grey tailor the setup to your location. In this case, it’s South Africa.
Enter your details: You’ll be prompted to provide your full name, email address, and phone number, then create a secure password.
Verify your email: Grey will send a one-time password (OTP) to your email address. Simply enter the code on the site to complete this step.
Once you’re set up, you’re ready for identity verification.
2. Verify your identity for secure access
Here’s what you’ll need to provide:
Government-issued ID: A valid passport or national ID card is required. Make sure it’s clear and up-to-date.
Proof of address: A recent utility bill or bank statement will verify your location. Grey uses this document to confirm your residency.
Submit your documents for review: Once uploaded, Grey will review your documents, a process that typically takes a few business days. Clear and accurate documentation speeds up approval.
3. Access your global bank accounts
Once your identity is verified, log in to your Grey account.
Navigate to the “Accounts” section and select “Create Account.”
Choose the currency (USD, GBP or EUR).
Your global bank account details, including your account number and routing number, will be generated instantly.
Why Grey is the best online global bank for South African freelancers
Here are major reasons Grey stands out as the best online bank for freelancers in South Africa:
No hidden fees – Transparent pricing so you keep more of your earnings.
Hold multiple currencies – Manage your finances in USD, GBP, or EUR without forced conversions.
Fast international transfers – Receive and send money globally without delays.
Global access – Manage your money anytime, anywhere with Grey.
Direct withdrawals – Transfer funds seamlessly to your South African bank account.
Simplify banking across borders with Grey
Receiving international payments in South Africa doesn’t have to be complicated. With Grey, you can open a foreign bank account and accept payments seamlessly.
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