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October 2013: Ways to move your South African money

By April 18, 2015October 9th, 2023Newsletter

October 2013: Ways to move your South African money

April 18, 2015

It takes some doing, but that’s what we do – we provide simple solutions to a complex process. Using us to move money from any SA source is fast, secure and totally unique.

To help us tick all the exchange control regulations boxes, convert funds to your local currency and successfully complete the transfer to your international bank account you’ll need:

1. A green South African ID document – the recent bar coded version
2. An active South African Revenue Service (SARS) tax record for tax clearance purposes
3. An active South African bank account

No bank account or up to date tax record? Don’t worry, we’ll open a temporary transmission account in your name to move your money while our hands-on tax specialists ensure all SARS requirements are met.

An up to date bar coded South African ID document remains the key to successfully moving your money. Should you not hold a bar coded ID we’ll manage – it only makes it a bit more complex and time consuming.

It’s worth keeping in mind that when the South African authorities introduce their new ID document, your current ID will be out dated which means moving your money will take a lot longer.

We pride ourselves in having developed a unique and cost effective solution which successfully assists thousands of expats move their South African money to their new home countries at competitive exchange rates.

For more information, or a quotation, why not ask Fanie, Pieter, Steve or Werner to give you a call?