RMB Private Bank offers a unique banking experience tailored for individuals seeking premium financial solutions. Combining tradition with innovation, the bank provides personalized wealth management and investment services.
With a strong commitment to excellence, RMB Private Bank ensures that clients receive top-tier financial guidance and seamless banking experiences. Whether for daily transactions or complex financial strategies, the bank delivers reliability and expertise.
Continue reading to learn more about what RMB Private Bank has to offer and how it can support your financial journey.
About RMB Private Bank
In 1977, Laurie Dippenaar, GT Ferreira, and Pat Goss founded Rand Consolidated Investments (RCI) in Johannesburg. Built on traditional values and innovative ideas, the company started as a small financial structuring house focused on creative solutions for financing and lending. From the beginning, the founders aimed to transform the market with solid and efficient strategies.
Over time, Pat Goss stepped down, and Paul Harris joined as a new partner. Under this new leadership, RCI expanded rapidly, strengthening its position in the financial sector. Its success led to a merger with Johann Rupert’s Rand Merchant Bank, creating an even stronger institution ready to grow further in the market.
This merger resulted in the establishment of RMB, which became part of the FirstRand Group in 1998. This milestone expanded the bank’s reach and influence, reinforcing its reputation in South Africa. Even after decades, the company’s innovative spirit and core values continue to define its role in the financial industry.
RMB Private Products Reviewed by Infinity Discover:
Fees and commissions
Credit facility service fee | R21 |
Initiation fee (once-off) | Up to a maximum of R199 |
RMB Private Bank Credit Card monthly account fee | R304 |
Additional card fees | 5 additional cards at no charge. Thereafter R18.50 per card, per month |
Additional metal credit card | R1 120 |
Replacement metal credit card (lost/stolen or damaged) | R1 120 |
eBucks Rewards membership | No charge |
To learn more visit: https://www.rmbprivatebank.com/downloads/pricing-guides/RMB/RMB-Private-Bank-Account.pdf
Rewards Programs and Benefits
- eBucks Rewards: Clients earn points on everyday purchases, including groceries, fuel, and online shopping. These points can be redeemed for a variety of rewards, such as travel experiences, the latest technology, lifestyle products, and exclusive offers, adding extra value to their spending.
- VIP Lounge Access: RMB Private Bank credit card holders enjoy complimentary access to select airport lounges, providing a premium travel experience. This benefit ensures greater comfort, with amenities such as refreshments, Wi-Fi, and a relaxing atmosphere, making every journey more enjoyable.
- Investment Management: Clients receive expert financial advisory services tailored to their specific goals. With personalized strategies for asset allocation, risk management, and long-term wealth growth, RMB Private Bank ensures that clients maximize their financial potential while securing their future.
Requirements to Open Your Account
Opening an account with RMB Private Bank is straightforward, but specific requirements must be met. Below are the eligibility criteria:
- South African ID book or birth certificate as proof of identity.
- Proof of residential address, such as an original council or telephone bill displaying your name and address.
- Minimum annual income of R750,000 to qualify.
- Net asset value exceeding R15 million as a financial requirement.
For more information visit the official website: https://www.rmbprivatebank.com/
How to Open an Account
To open your account, follow these steps:
- Visit the RMB Private Bank website and select “Open an Account.”
- Complete the online form with your personal and financial details.
- Submit the required documents for verification.
- Wait for approval and receive confirmation via email or phone.
- Receive your banking details and card to start using your account.
Customer Experience: What to Expect
RMB Private Bank provides a premium banking experience with dedicated relationship managers offering personalized support. Each client receives tailored financial solutions for everyday banking, wealth management, and long-term investments. This individualized service ensures convenience and efficiency, making banking seamless.
Its digital banking platform allows clients to manage accounts effortlessly, from tracking investments to handling daily transactions. Designed with an intuitive and secure interface, it provides easy access to financial services. Clients also benefit from expert financial advisory services to optimize wealth strategies and asset management.
With continuous innovation and a commitment to quality, RMB Private Bank remains a leader in financial services. By combining advanced technology with superior customer service, the bank delivers an exceptional experience. Clients can trust a financial institution that prioritizes their needs, offering reliability, expertise, and long-term financial growth.
Advantages of Choosing RMB Private Bank
Here are some key benefits that make RMB Private Bank a preferred choice:
Personalized Service:
Clients receive dedicated support from experienced relationship managers who provide tailored financial solutions. Whether managing daily banking needs or complex financial strategies, these experts ensure a seamless and highly personalized banking experience.
Wealth Management:
RMB Private Bank offers expert advisory services to help clients grow and protect their wealth. With strategic investment guidance, portfolio management, and financial planning, clients can maximize their financial potential with confidence.
eBucks Rewards:
The exclusive eBucks Rewards program allows clients to earn points on everyday spending. These rewards can be redeemed for a variety of benefits, including travel, technology, and premium lifestyle experiences, enhancing the overall banking experience.
Global Banking Access:
Clients enjoy seamless financial services no matter where they are in the world. With global banking solutions, international transactions, and multi-currency accounts, RMB Private Bank ensures flexibility and convenience across borders.
Advanced Security:
Security is a top priority, with cutting-edge technology protecting every transaction. Multi-layer authentication, real-time fraud monitoring, and encryption measures safeguard clients’ accounts, providing peace of mind for all financial activities.
Security and Data Protection
Security is a top priority at RMB Private Bank, with advanced measures in place to protect client information. Multi-factor authentication ensures that only authorized users can access accounts, while state-of-the-art encryption safeguards financial data, keeping transactions secure.
To enhance protection, RMB Private Bank employs continuous monitoring systems that detect and prevent fraudulent activities in real time. These systems analyze transaction patterns, flagging suspicious behavior for immediate action. Clients can also enable real-time security notifications to stay informed about their account activity.
A dedicated security team is always available to assist with any concerns related to account safety. Whether addressing potential threats or providing guidance on best practices, the team ensures a secure and reliable banking experience. With cutting-edge security innovations, RMB Private Bank remains committed to safeguarding client assets.
Talk to RMB Private:
For inquiries or additional information, reach out through the following channels:
- Phone: 087 575 9411
- Email: [email protected]
You can also stay connected with RMB Private Bank on social media: