Our services include
Discretionary allowance transfers up to R1 million*
Investment allowance transfers up to R10 million**
Import and export payments for businesses
Fund transfers into South Africa
Excellent, bank-beating exchange rates
Tax clearance applications
Inheritance and trust transfers to offshore beneficiaries
Currency risk management and hedging strategies
* Including foreign investment, gifts, travel, alimony and student fees
** And larger amounts on special application
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
We transfer your money at excellent rates.
We are fully compliant with the South African Reserve Bank, Financial Services Conduct Authority and South African Revenue Services.
No obligation consultations
We offer all prospective clients complimentary no obligation consultations on their personal or business forex needs.
We always provide a personalised service and all our solutions are tailored to our clients’ needs.
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, facilitating over 140,000 transactions for 60,000 registered clients each year, so we know how to make the process of transferring money internationally as convenient and cost-effective as possible. We will ensure that your transfers are quick and hassle-free, no matter where you want to send them.
Our South African forex team
Rochelle has 12 years’ experience within the corporate finance and forex banking industry. Rochelle’s experience includes the challenge of being the Regional Branch Manager of a Bureau de Change. She currently manages corporate and private client portfolios at the Durban office.
Rochelle buys and sells foreign currency online and deals directly with our preferred banks. She maintains overall branch requirements and loves working with her team. She has a passion for foreign exchange and customer service and outside of work she enjoys reading and spending quality time with her family.
Nicole completed her tertiary education at Milpark Business School and Moonstone Business School of Excellence. She has national certificates in banking services and financial markets and completed her Regulatory Exam (RE05).
Nicole has previously worked for Absa in the retail and business banking division. In her current role as a Forex Broker at our Durban office, she attends to client queries, books forex deals for clients who wish to use their allowances for offshore payments and opens client accounts.
Nicole is a go-getter who enjoys challenges and working with people. She sings professionally and enjoys walks on the beach.
Juanita was born and raised in Cape Town. She attended Milpark Business School where she obtained her certificate in banking.
She has 12 years’ experience in the banking industry and has worked for Absa and FNB.
At Sable International, Juanita assists clients with the opening of accounts.
She enjoys taking long walks with her dog and child as well as reading magazines.
James has 35 years of banking experience, 15 of these intimately involved in international trade finance, including eight years as head of Capital Equipment Imports and Trade Finance, Nedbank Corporate (previously BoE Corporate Bank).
He previously headed up the Durban office of Reichmann’s Trade Finance, part of Investec Bank. James has a BComm degree majoring in Economics and Business Finance, a Banker’s Diploma and has completed an Advanced International Finance course at the University of Cape Town. In his spare time, James enjoys surfing and has a very active family that love the outdoors.
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.
Shawn hails from windy Fish Hoek, Cape Town. After qualifying with a BComm in Marketing and Economics from Unisa, he spent seven years in sunny Scotland before returning to South Africa to begin working with FX Capital.
He subsequently joined Sable International in November 2017 as part of a merger with FX Capital. Shawn has over four years’ experience in foreign exchange, exchange control and cross-border payments. He is currently employed as a Foreign Exchange Broker and deals mainly with private clients, corporates, estates and transfers into South Africa.
He enjoys playing sport, hiking and spending time with friends.
Monique graduated from the University of Cape Town, where she dual-majored in Economics and Finance. She then went on to complete her Honours in Financial Analysis and Portfolio Management.
Monique is always up for a challenge and believes in hard work and measurable results. She was snapped up by Sable International in 2011.
She quickly worked her way from broking on the global desk into a more specialised role surrounding the South African Reserve Bank’s exchange control regulations. She enjoys spending her time outdoors; exploring the countryside with her husband, two children and three dogs.
Meagan has a national certificate in banking with Cornerstone and completed her First Level Regulatory Exam (RE05) with Moonstone.
She has previously worked for Standard Bank, where she gained 14 years’ experience working in various roles within the branch banking network.
As a Client Relations Administrator in our forex department, she assists clients with financial emigration.
Meagan enjoys attending music festivals and markets.
Charlene has 23 years’ experience in the banking industry and has spent the last 12 years working in corporate and investment banking.
She joined Sable International in 2018 and is currently employed as a Forex Broker, managing corporate and private client portfolios at the Cape Town office.
Charlene enjoys spending time with her family and being outdoors.
Anthea grew up in Cape Town and attended Sibelius High School in the suburb of Retreat. After matriculating from Premier College, she completed a course at Milpark Education.
Anthea has previously worked at Woolworths Financial Services. In her current role at Sable International, she is responsible for assisting clients with financial emigration.
Anthea enjoys date nights with her husband and spending time with her family and friends.
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.
Teri-Anne has 13 years’ working experience, which includes five years in the financial industry and nine years in immigration.
She has previously worked for Absa and at an immigration firm where she held the position of senior consultant/key account manager for private and corporate clients.
In her current role as a Client Relations Administrator, she is responsible for registering clients who want to send money out of South Africa.
Teri-Anne enjoys spending time with her husband and two children, watching movies and eating good food.
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.
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 as a Forex Broker, where she deals with both corporate and private clients.
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. She will attempt her first Comrades Marathon in 2018.
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.
Tanya obtained a BComm Honours degree in 2010 from Unisa. With 20 years’ work experience, she started out at ABSA Bank before moving to the UK where she worked for the Department of Works and Pension.
She returned to SA in 2006 and started her career in the foreign exchange industry. Tanya successfully summited Mt Kilimanjaro in 2013 and enjoys adventurous outdoor activities such as hiking and running.
Raadhiya was born and raised in Johannesburg and moved to Cape Town in 2014.
She has been working in the banking (forex) sector for over nine years and has a wealth of experience.
Raadhiya Joined the Sable International forex team in 2020, taking a position as a forex broker.
In her personal time, she loves being at the beach and spending time with friends and family.
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.
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Compliance and regulations
Our forex service is registered with all of the relevant authorities globally. Sable International is a trading name of Sable International FX Limited (company number 07070528), registered in England and Wales. We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (Sable International FX [PTY] Limited - FSP no. 41900) and hold an Australian Financial Services License issued by ASIC to deal in foreign exchange (Sable International FX Pty ltd - AFS License number 335 126). We are registered as a Money Services Business with FinCEN in the USA (1st Contact Money Ltd/1st Contact Money Ltd - registration no. 31000174356061). Visit our compliance page.