Moving money across international borders can be a complex dance, especially when it comes to paying for services rendered. Exchange control regulations can get complicated, fast! To avoid confusion, we’ve…
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Historically loop structures were not permitted in terms of the South African exchange control regulations. In terms of Exchange Control Regulation 10(1)(c), such transactions (or series of transactions) in which…
Although the South African Reserve Bank (SARB) has relaxed exchange control rules significantly in the past few years in order to make cross-border transactions less onerous, there are still limits…
The Minister of Finance and the South African Reserve Bank (SARB) have been hard at work these past few years modernising exchange controls. One of the first changes made in…
Financial planners and their clients have, as part of the estate planning process, been using interest free loans (or loans at very low interest rates) for a long time to…
South African exchange control regulations are there for a reason: to control the flow of money in and out of South Africa. These rules apply to every transaction that crosses…