Foreign exchange

With FinGlobal you’re in the safe hands

of a foreign exchange intermediary approved by the South African Reserve Bank.

Our foreign exchange services

All foreign exchange transactions in South Africa are subject to exchange control regulations, which are governed by the South African Reserve Bank. As a breach of the regulations may amount to a criminal offence and result in financial penalties it’s essential to ensure that every transfer you make is compliant.

With FinGlobal you’re in the safe hands of a foreign exchange intermediary approved by the South African Reserve Bank. In addition to your complete peace of mind, when it comes to moving your money our total solution provides you with:

  • excellent exchange rates
  • low fees
  • unrivalled personal service
  • free exchange control advice
  • signature ready documentation
  • secure and compliant processing

We will also obtain your tax clearance certificate, if required and can open a bank account in South Africa, if you don’t have one. Annual exchange control allowances and transfer limits

Foreign investment allowance (FIA)

  • Amount: R10 million
  • Who can use it: available to South African residents and non-residents
  • Transfer requirements: tax clearance certificate and green bar-coded ID document

Single discretionary allowance (SDA)

  • Amount: R1 million
  • Who can use it: available to South African residents and non-residents
  • Transfer requirements: green bar-coded ID document

For the most competitive rates, low fees and unrivalled personal service delivered by a Reserve Bank approved foreign exchange intermediary, talk to the team at FinGlobal. We’ll call you.

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Licensed South African Financial Services Provider FSP # 42872

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Client testimonials

Thanks FinGlobal (previously cashkows) for a very professional service. It’s just a pity that such a large number of Rands became a small number of dollars with the exchange rate. I would recommend your services to anyone.

David Jenkins

I am based in the UK & recently used FinGlobal (previously cashkows) to complete my emigration process from South Africa. They exe’cuted all the necessary requirements to finalise matters with SARS and to surrender various policies I had. They made all the arrangements for the funds to be transferred to my UK bank account and the entire process was efficient and painless. If you’re thinking of emigrating, FinGlobal (previously cashkows) know their stuff – I’d recommend them.

Maxine Jones

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