Al Baraka Bank has introduced Vivere, a Shariah-compliant foreign currency account that lets South Africans transact around the world with ease. Vivere gives customers access to six international currencies on a single VISA card. These include USD, EUR, GBP, TRY, AED and SAR.
Global Payments Made Simple
Vivere supports online purchases, in-store transactions and ATM withdrawals abroad. It also meets the needs of travellers heading to destinations across the Middle East for Hajj and Umrah.
“Vivere reflects our commitment to innovation that improves the everyday lives of our customers, locally and abroad,” says Chief Executive Officer Mr Shabir Chohan.
With an annual fee of only $10, customers gain secure access to foreign funds without the delays or admin required for buying physical currency. They manage their money from home. They send, store and spend across borders with ease.
“We built Vivere to deliver financial freedom across borders without complexity and without compromising our ethical values,” says Mr Sumeshion Chetty, GM: Information Technology.
A Strategic Step Forward
Vivere strengthens the bank’s focus on digital convenience, customer-first design and Shariah-compliant innovation. The product launched in Durban, Johannesburg and Cape Town with live demos and hands-on activations, reflecting strong public interest.
Vivere is available at all Al Baraka Bank branches and online at welcome.albaraka.co.za. More information is available at www.albaraka.co.za.
