Your international money transfer specialists
We assist 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
Get in touchOur 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
Read more about transferring money out of South Africa
Taking money out of South Africa can be complex; working with exchange control regulations and knowing how much money you can transfer out of South Africa requires expert knowledge and understanding. We have years of industry experience, so we know how to make the process of transferring money internationally as convenient and cost-effective as possible.
- Transfer money out of South Africa
- Money transfers to South Africa
- AIT applications (tax clearances)
- South African foreign investment allowance
- Receiving your South African inheritance from abroad
- Currency risk management from
- South African exchange control regulations
- Financial emigration from South Africa
- Get our Daily Rand Report in your inbox
- Tax emigration from South Africa
Personal and corporate South African money transfers
Our corporate forex clients include companies that import and export, and incur cross-border payments or receipts. We assist with both spot payments and forward contract facilities, foreign direct investment applications, and other South African Reserve Bank applications. Our services are used by businesses looking to maximise outcomes in the shortest time possible.
Typically, clients making personal money transfers include individuals investing overseas, transferring inheritances, emigrating or making use of their discretionary allowances. We also help foreign nationals who are purchasing property, settling debts or transferring money home for investment purposes. Our service is highly professional, but with a personal focus. We like to understand our clients' needs and deliver our services in a way that suits them best.
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.
Our South African forex team
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Tim PowellDirector: Forex SA
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Gary DaviesBusiness Development Executive
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Teri-Anne HermansForex Broker
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Charmaine ThomsonForex Broker
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Kayla JulieClient Relations Consultant
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Lynn CreightonClient Relations – Policy Encashment
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Anita HuyserBusiness Development Executive
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Brenda SimpkinsForex Broker
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Colleen De VriesClient Relations - Estates
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Divania GovenderForex Administrator
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Laurinda FortuinForex Administrator – Team Lead
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Clarissa NaidooForex Broker
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Caylin SwartsForex Administrator
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Mishka Mc LeenSales Support
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Lawren HartoghClient Relations Consultant
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Keshini AzarathForex Administrator
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Firaaz BagusJunior Forex Analyst
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Gwen-marie CloeteBusiness Development Executive
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Riaan du ToitBusiness Development Executive
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Tanja GlatzBusiness Development Executive
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Tim PowellDirector: Forex SA
Tim has 25 years of work experience, including at the likes of Price Waterhouse Coopers, Combined Motor Holdings, BoE, Ernst & Young, JD Edwards in South Africa, Deutsche Bank and 1st Contact Forex in London.
He started an online forex business in London before returning to South Africa. He then joined FX Capital, growing the business to annual trade in excess of R4 billion per annum.
In 2017, FX Capital merged with Sable International and Tim is now the director of Sable International’s South African forex business.
On weekends, Tim enjoys climbing mountains with his wife and two sons.
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Gary DaviesBusiness Development Executive
Gary was born and raised in Johannesburg and has also lived in Somerset West in Cape Town and Los Angeles in the USA. He has 23 years’ work experience within local and international banks focussing on international corporate and individual banking and investment platforms.
Outside of work, Gary enjoys cycling and has successfully completed twelve 947 Cycle Challenges and eight Cape Town Cycle Tours in support of The Reach for a Dream Foundation. When not cycling, he takes educational outdoor trips with his two children and three foster children.
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Teri-Anne HermansForex Broker
Teri-Anne has 18 years of work experience.
She has previously worked at ABSA and at an immigration firm where she held the position of Key Account manager for private and corporate clients and ran the operations for the Namibian branch.
Before moving into the Forex broker role, she was a client relations consultant in the same forex team.
Teri-Anne enjoys spending quality time with her husband and two children.
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Charmaine ThomsonForex Broker
Charmaine has 20 years’ banking experience, where she specialised in foreign exchange, international banking and trade finance. She is currently employed as a Forex Broker, and she manages the forex requirements of a portfolio of corporate clients, private individuals and brokers.
Charmaine has a National Diploma NQF6 in Financial Markets and Instruments (Academy of Financial Markets), a Diploma in Treasury Management and Trade Finance (Institute of Bankers), and a Certificate in Marketing (RAU University).
She enjoys spending time with her family and friends and travelling. She also plays social golf and enjoys swimming the Midmar Mile with her husband and teenage daughter.
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Kayla JulieClient Relations Consultant
Kayla was born and raised in Cape Town. She attended Damelin College where she obtained her diploma in business management. She is currently in her final year, studying BCom at UNISA.
She has previously worked as an investment reporting administrator. She joined Sable international in 2021 as a Forex Administrator, and is now a Client Relations Consultant, where she assists with opening and monitoring new client accounts.
In her spare time, she enjoys spending time in the outdoors with family and friends.
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Lynn CreightonClient Relations – Policy Encashment
Lynn was born and bred in George along the beautiful Garden Route. She has travelled extensively and has lived in Israel, the United Kingdom and Turkey. After she obtained a Certificate in Banking with Milpark Business School, she gained 18 years of banking experience at FNB George, Knysna and Tokai.
Lynn loves travelling, hiking, going to the gym and spending time with her family, especially her grown-up son. She joined Sable International from FX Capital as part of the merger between the two companies. She is currently employed in Client Relations for Policy Encashment in Sable International's South African Forex department.
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Anita HuyserBusiness Development Executive
Anita has a BComm degree and over 20 years work experience, 14 years of which she spent in the finance industry and eight years in foreign exchange, exchange control and cross-border payments. She has worked and travelled throughout Europe.
Anita successfully summited Mt Kilimanjaro and completed her first Cape Town Argus Cycle Tour in 2014.
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Brenda SimpkinsForex Broker
Brenda has been a Forex Consultant in the Durban Office since March 2016. She has 25 years’ experience in project management and business management, in the event organising and office design industries. She completed her Bachelor of Social Science in Economics and Industrial Psychology at UKZN.
She specifically deals with the private individual clients and particularly enjoys the more challenging situations where the client is struggling to find a realistic solution to their offshore transfer requirements. Brenda also deals with inheritance payments, financial emigration and SARS tax clearances.
Outside of work she enjoys spending time with her three children.
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Colleen De VriesClient Relations - Estates
Colleen was employed as an office manager within the building/insurance industry for over 17 years.
She began her Sable International tenure as part of the South African Forex division and now specialises in deceased estates.
She enjoys spending time with family and friends.
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Divania GovenderForex Administrator
Divania Govender was born and raised in Durban. She is a recent graduate, completing her Bachelor of Commerce degree with majors in Finance and Economics at the University of KwaZulu Natal. She followed on completing her Bachelor of Commerce Honours in Finance degree at The University of KwaZulu Natal.
She joins Sable International as a Forex Administrator in our South African Forex department in Durban.
She is a motivated and attentive individual who enjoys anything that challenges her thinking and pushes her out of my comfort zone.
Outside of work, she likes to watch series and movies, spending time with her family and friends. She also likes going on random drives exploring the country in a lot more detail.
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Laurinda FortuinForex Administrator – Team Lead
Laurinda was born and raised in Cape Town. After completing high school she studied NQF Level 5 at Northlink College. She has 10 years of combined experience in customer services, emigration and foreign exchange.
She is the Forex Administrator - Team Lead in Sable International's South African Forex department where she assists with the onboarding, account opening as well as cross-border and local payments.
Outside of work she likes to binger watch series and loves spending time outdoors and travelling.
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Clarissa NaidooForex Broker
Clarissa comes from a small town in Kwa-Zulu Natal. She completed her Bachelor of Commerce Degree at UKZN Westville and her Bachelor of Commerce Honours qualification from UNISA.
She was previously employed at Exchange4free. She is currently employed as a Forex Broker at Sable International, where she hopes to gain a lot of experience with balance of payments and trades.
Outside of work she loves to read thriller novels, scrap book and journal.
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Caylin SwartsForex Administrator
Caylin graduated from IQ Academy with a Diploma in Business Management in 2021. Before joining Sable International she worked for IDM Group as a Debt Counsellor for Debt Busters. Currently is a Forex Administrator in our South African Forex department.
Outside of work she enjoys going to the shooting range and reading books during her free time and on weekends.
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Mishka Mc LeenSales Support
Mishka matriculated in 2006 and holds an NQF5 qualification. She embarked on a successful 14-year career in the finance industry immediately after completing her studies. Before joining Sable International, she expanded her expertise by working for a small engineering company for nearly two years.
In her role as Sales Support at Sable International, Mishka is dedicated to providing exceptional assistance and ensuring a seamless client experience.
Outside of work, Mishka enjoys quality time with her family, especially exploring the outdoors, relaxing on the beach and strolling along the promenade.
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Lawren HartoghClient Relations Consultant
Lawren is from Cape Town and matriculated in 2015 from Portland Secondary School in Mitchell's Plain.
Before starting at Sable International she worked at Old Mutual Finance for five years as a financial consultant. She is now a Client Relations Consultant at Sable International.
She loves summer is her favourite time of the year and she loves being in the kitchen and trying different dishes. She loves reading, watching documentaries, catching up with family and friends in her spare time and being a soccer mom on Saturdays. She also loves hiking and enjoying the outdoors.
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Keshini AzarathForex Administrator
Originally from the charming town of KwaDukuza in KwaZulu-Natal, Keshini holds a BA in Psychology and Industrial Psychology from the University of KwaZulu-Natal. Before joining Sable International as a Forex Administrator, she honed her skills at Exchange4free and as an Online ESL teacher.
Keshini is passionate about growing her career within Sable International and making a meaningful impact in the forex industry.
Outside of work, she enjoys cooking, baking and relaxing with her favourite TV shows.
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Firaaz BagusJunior Forex Analyst
Born in Cape Town, Firaaz Bagus holds a cum laude degree in Political Science and Sociology from the University of Cape Town, along with an Honours degree in International Relations and Risk Analysis from Stellenbosch University. Before joining Sable International, he gained experience at Sotheby’s International Realty.
As a Junior Forex Analyst, Firaaz applies his expertise in global political affairs and security policies to the foreign exchange sector. He has a strong understanding of African global affairs and their interactions with first-world economies.
Outside of work, he enjoys spending time with family and dogs by the lake and competes in squash and padel.
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Gwen-marie CloeteBusiness Development Executive
Gwen-marie Cloete is a seasoned professional with 14 years in the medical, insurance, and real estate industries. Holding a Master’s degree, post-graduate certificates, and extensive FAIS credits, she has excelled in strategic consulting, project management, marketing, and training. At Med Care Holdings, Gwen-marie drove healthcare network growth, AI/ML integration, and launched nationwide health support initiatives, impacting 60,000 prospects.
A successful entrepreneur, she also built a thriving real estate business over the past decade. Known for integrity, adaptability, and leadership, Gwen-marie is a motivational coach and consultant dedicated to empowering others and achieving organizational success.
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Riaan du ToitBusiness Development Executive
Riaan has over 13 years of experience in the real estate sector in Cape Town, complemented by a strong background in Venture Capital across South Africa and London. He holds a degree and Honours in Quantity Surveying from the University of the Free State and has worked with a specialised venture capital firm in London prior to joining Sable International.
In addition to his professional pursuits, he has a keen interest in sports, enjoys running, and values connecting with friends.
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Tanja GlatzBusiness Development Executive
Tanja, born and raised in Cape Town's southern suburbs, holds a BA and Law degree from Stellenbosch University. After an eleven-year legal career, she shifted to business development, including time at Hollard Court Bonds. Now a Business Development Executive at Sable International, Tanja thrives on connecting with clients and driving growth.
A fitness enthusiast, Tanja enjoys family time, meeting people from diverse backgrounds, and building connections. Her energy, positivity, and approachable nature make her a valued professional in her field.
See live exchange rates
We offer excellent, bank-beating exchange rates, which mean significant savings for you.Below is a table of live market exchange rates. These are interbank rates, which are the rates at which banks exchange with each other.
Bank-beating exchange rates and low fees
With us, you’re guaranteed to get better exchange rates and exceptional 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.