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The South African international money transfer experts

South Africa’s foreign exchange regulations are complex. Moving money in and out of the country requires expert knowledge and understanding. With us as your partner, you'll never be tripped up by red tape when transferring money into or out of South Africa.

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The rates we display on this Currency Converter are indicative mid-market Rates. This means they are neither “buy” or “sell” rates and do not allow for spreads or handling fees and should only be used for indicative purposes.

We make transfers into and out of South Africa easy

 

See live exchange rates

We offer excellent exchange rates and very low bank fees, 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.

 

Why thousands of people use our forex service each year

 

Bank-beating exchange rates and low fees

With us, you’re guaranteed to get better exchange rates and lower fees than a traditional bank can offer you. Most importantly, you’ll get a service that is tailored specifically to your individual or corporate needs.

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.

We secure better exchange rates and charge lower fees than banks can. We also know that foreign exchange services need to be tailored to unique requirements that are very often country- and person-specific.

We also have years of industry experience, facilitating over 140,000 transactions for 60,000 registered clients each year.

Transferring money out of South Africa can be complex; working with exchange control regulations requires expert knowledge and understanding. We have the experience to ensure that your transfers are quick and hassle-free, no matter where you want to send them.

Our services include:

  • Currency risk management and hedging strategies
  • Foreign investment allowance transfers
  • Discretionary allowance transfers including foreign investment, gifts, travel, alimony and student fees
  • Encashment of Retirement annuity and pension policies
  • Non-resident accounts
  • Money transfers into South Africa
  • Excellent exchange rates and low bank fees
  • Transferring Inheritances to beneficiaries overseas
  • Tax clearance applications
  • Trade finance
 

Compliance and regulations

We are fully regulated and registered in South Africa, the UK and Australia. To find out about our certifications and security procedures, visit our compliance page.

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Say goodbye to using your bank

Register today, it’s cost and obligation free. Setting up an account with us is simple, and once you’ve submitted the required documents, you will be able to start transferring almost immediately.

Register today Log in

South Africa

Cape Town

Regent Square
Doncaster Road
Kenilworth 7708 +27 (0) 21 657 2120

Durban

201 The Annex
Ridgeside Office Park
Umhlanga +27 (0) 31 536 8843

United Kingdom

London

Castlewood House
77/91 New Oxford Street
WC1A 1DG +44 (0) 20 7759 7514

Croydon

5-7 Selsdon Road
South Croydon
CR2 6PU +44 (0) 20 7759 7581

Australia

Melbourne

9 Yarra Street
South Yarra
VIC 3141 +613 (0) 8651 4500

Sable International is a trading name of 1st Contact Money Limited (company number 7070528) registered in England and Wales. Sable International is authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Board in South Africa (FSP no. 41900) and holds an Australian Financial Services License issued by ASIC to deal in foreign exchange (AFS License number 335 126).

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