Send money online out of South Africa
For over 20 years we have assisted companies and private clients with all their foreign exchange related transfers and cross-border payments. Our foreign exchange solutions are tailored to your unique requirements.
Our services include
Discretionary allowance transfers up to R1 million*
Investment allowance transfers up to R10 million**
Import and export payments for businesses
Money transfers into South Africa
Tax emigration and encashment of retirement annuities and pensions
AIT applications (tax clearances)
Inheritance and trust transfers to offshore beneficiaries
Trade finance, currency risk management and hedging strategies
Trade finance
Non-resident accounts
* Including foreign investment, gifts, travel, alimony and student fees
** And larger amounts on special application
More than 20 years' experience and we can't wait to help you get started
Our promise is simple: We make international money transfers speedy, secure and cost-effective. Our rates beat the banks every time, so you get more value out of your money transfers. We're always here if you need us.
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Why our clients love our forex service
Exchange rates
We transfer your money at competitive rates. All of our fees are disclosed up front, so you never have to worry about unexpected costs.
Fully regulated
We are regulated in South Africa with the South African Reserve Bank, the South African Financial Services Conduct Authority and South African Revenue Services.
What our customers say
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What are the foreign exchange control rules and regulations?
Most people are aware of foreign exchange control regulations, even if they don’t quite understand the finer details and implications. Due to the complexity of these regulations, there is a perception that it is difficult to move money in and out of South Africa. This isn’t true if you work with an experienced foreign exchange provider who is an authorised dealer and can guide you through the process, ensuring you are compliant along the way.
How much can I transfer out of South Africa per year?
You can transfer a total of R11 million a year using your allowances. Taxpayers over the age of 18 who are South African residents are eligible for the following allowances:
- R1 million single discretionary allowance (no tax clearance required from SARS)
- R10 million foreign investment allowance (tax clearance required from SARS)
Bank-beating exchange rates and low fees
With us, you’re guaranteed to get better exchange rates, lower fees and service that is better than a South African bank. Our service is tailored specifically to your needs and personal circumstances, unlike the banks.
Because of the complex legislation and intimidating Reserve Bank regulations, South Africans often look to traditional banks to help them with forex. The problem is that traditional banks charge unnecessary fees and don’t offer the best exchange rates either.
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