Our services include


* Including foreign investment, gifts, travel, alimony and student fees
** And larger amounts on special application

Read more about transferring money out of South Africa

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, so we know how to make the process of transferring money internationally as convenient and cost-effective as possible.

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

Our South African forex team

  • Tim Powell: Director
    Tim Powell
    Director: Forex SA
  • Gary Davies
    Gary Davies
    Business Development Executive
  • Teri-Anne Hermans
    Teri-Anne Hermans
    Forex Dealer
  • Charmaine Thompson
    Charmaine Thomson
    Forex Dealer
  • Kayla Julie
    Kayla Julie
    Exchange Control & Client Adviser
  • Lynn Creighton
    Policy Claims & Encashment Specialist
  • Brenda Simpkins
    Brenda Simpkins
    Exchange Control & Client Adviser
  • Colleen de vries
    Colleen De Vries
    Exchange Control & Client Adviser
  • Divania Govender
    Exchange Control Support & Client Adviser
  • Laurinda Fortuin
    Forex Support & Settlements - Team Lead
  • Clarissa Job-Naidoo
    Forex Dealer
  • Mishka Mc Leen
    Marketing & Customer Experience Lead
  • Kaylee Marshall
    Forex Dealer
  • Lawren Hartogh
    Forex Client Account Adviser
  • Keshini Azarath
    Forex Client Account Adviser
  • Jason Barnard
    Policy Encashment & Payments Consultant
  • Tanja Glatz
    Business Development Executive
  • Chris Lukan
    Head of Operations FX
  • Tim Powell
    Director: Forex SA

    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.

  • Gary Davies
    Business Development Executive

    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 Hermans
    Forex Dealer

    Teri-Anne has 18 years of work experience.

    She has previously worked at ABSA and at an immigration firm where she held the position of Key Account manager for private and corporate clients and ran the operations for the Namibian branch.

    Before moving into the Forex Dealer role, she was a client relations consultant in the same forex team.

    Teri-Anne enjoys spending quality time with her husband and two children. 

  • Charmaine Thomson
    Forex Dealer

    Charmaine has 20 years’ banking experience, where she specialised in foreign exchange, international banking and trade finance. She is currently employed as a Forex Dealer, 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.

  • Kayla Julie
    Exchange Control & Client Adviser

    Kayla was born and raised in Cape Town. She attended Damelin College where she obtained her diploma in business management. She is currently in her final year, studying BCom at UNISA.

    She has previously worked as an investment reporting administrator. She joined Sable international in 2021 as a Forex Administrator, and is now an Exchange Control & Client Adviser, where she assists with opening and monitoring new client accounts.

    In her spare time, she enjoys spending time in the outdoors with family and friends.

  • Lynn Creighton
    Policy Claims & Encashment Specialist

    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 Policy Claims & Encashment Specialist in Sable International's South African Forex department.

  • Brenda Simpkins
    Exchange Control & Client Adviser

    Brenda has been an Exchange Control & Client Adviser 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.

  • Colleen De Vries
    Exchange Control & Client Adviser

    Colleen was employed as an office manager within the building/insurance industry for over 17 years. 

    She began her Sable International tenure as part of the South African Forex division and now specialises in deceased estates. 

    She enjoys spending time with family and friends.

  • Divania Govender
    Exchange Control Support & Client Adviser

    Divania Govender was born and raised in Durban. She is a recent graduate, completing her Bachelor of Commerce degree with majors in Finance and Economics at the University of KwaZulu Natal. She followed on completing her Bachelor of Commerce Honours in Finance degree at The University of KwaZulu Natal. 

    She joins Sable International as an Exchange Control Support & Client Adviser in our South African Forex department in Durban.

    She is a motivated and attentive individual who enjoys anything that challenges her thinking and pushes her out of my comfort zone.

    Outside of work, she likes to watch series and movies, spending time with her family and friends. She also likes going on random drives exploring the country in a lot more detail. 

  • Laurinda Fortuin
    Forex Support & Settlements - Team Lead

    Laurinda was born and raised in Cape Town. After completing high school she studied NQF Level 5 at Northlink College. She has 10 years of combined experience in customer services, emigration and foreign exchange.

    She is the Forex Support & Settlements - Team Lead in Sable International's South African Forex department where she assists with the onboarding, account opening as well as cross-border and local payments.

    Outside of work she likes to binge watch series and loves spending time outdoors and travelling.

  • Clarissa Job-Naidoo
    Forex Dealer

    Clarissa comes from a small town in Kwa-Zulu Natal. She completed her Bachelor of Commerce Degree at UKZN Westville and her Bachelor of Commerce Honours qualification from UNISA.

    She was previously employed at Exchange4free. She is currently employed as a Forex Dealer at Sable International, where she hopes to gain a lot of experience with balance of payments and trades.

    Outside of work she loves to read thriller novels, scrap book and journal. 

  • Mishka Mc Leen
    Marketing & Customer Experience Lead

    Mishka matriculated in 2006 and holds an NQF5 qualification. She went straight into the finance world after her studies where she spent 14 years. Prior to joining Sable International she worked for a small engineering company for just under two years.

    Her current role at Sable International is that of a Marketing & Customer Experience Lead.

    She loves spending time with her family outdoors, especially on the beach and walking on the promenade.

  • Kaylee Marshall
    Forex Dealer

    Kaylee was born and raised in Cape Town, where she attended Wynberg Girls’ High School. She later earned a BSocSci degree with majors in Psychology and Law, followed by an LLB from the University of Cape Town.

    After completing her studies, Kaylee began her articles of clerkship at a small law firm in Cape Town. She was admitted as an attorney of the High Court in April 2024 and retained as an associate. She is excited to apply her legal expertise and skills to excel in her new role.

    Outside of work, Kaylee is passionate about staying active. She enjoys playing squash and watching professional tournaments, as well as lifting weights at the gym and joining spin classes. She also loves running, whether solo or with a club, and has a marathon on her bucket list. A devoted cat lover, Kaylee has three rescue cats—two orange and one tabby—who bring her great joy.

  • Lawren Hartogh
    Forex Client Account Adviser

    Lawren is from Cape Town and matriculated in 2015 from Portland Secondary School in Mitchell's Plain.

    Before starting at Sable International she worked at Old Mutual Finance for five years as a financial consultant. She is now a Forex Client Account Adviser at Sable International.

    She loves summer is her favourite time of the year and she loves being in the kitchen and trying different dishes. She loves reading, watching documentaries, catching up with family and friends in her spare time and being a soccer mom on Saturdays. She also loves hiking and enjoying the outdoors.

  • Keshini Azarath
    Forex Client Account Adviser

    Originally from the charming town of KwaDukuza in KwaZulu-Natal, Keshini holds a BA in Psychology and Industrial Psychology from the University of KwaZulu-Natal. Before joining Sable International as a Forex Administrator, she honed her skills at Exchange4free and as an Online ESL teacher.

    Keshini is passionate about growing her career within Sable International and making a meaningful impact in the forex industry.

    Outside of work, she enjoys cooking, baking and relaxing with her favourite TV shows.

  • Jason Barnard
    Policy Encashment & Payments Consultant

    Jason was born and raised in Kimberley and holds a bachelor’s degree from the University of the Free State. With five years of self-taught knowledge in the foreign exchange markets, he brings a strong foundation and keen interest in international finance to his role at Sable International.

    At Sable, Jason handles foreign exchange and international payment enquiries, follows up on new business leads, and assists clients with submissions for Approved International Transfers. He also supports clients with the opening and closing of Investec bank accounts, as well as general account administration.

    Outside of work, Jason enjoys staying active by playing tennis and pickleball and spending time at the gym.

  • Tanja Glatz
    Business Development Executive

    Tanja, born and raised in Cape Town's southern suburbs, holds a BA and Law degree from Stellenbosch University. After an eleven-year legal career, she shifted to business development, including time at Hollard Court Bonds. Now a Business Development Executive at Sable International, Tanja thrives on connecting with clients and driving growth.

    A fitness enthusiast, Tanja enjoys family time, meeting people from diverse backgrounds, and building connections. Her energy, positivity, and approachable nature make her a valued professional in her field.

  • Chris Lukan
    Head of Operations FX

    A Durbanite at heart now based in Cape Town, Chris holds an Honours degree in Economics from Rhodes University, where a keen interest in Treasury Management first took root. From the very beginning of his career, Chris has been immersed in the foreign exchange industry, gaining extensive experience across Exchange Control, Sales and Hedging Strategies. This diverse expertise has shaped a deep understanding of both the business landscape and the evolving needs of clients.

    Outside of the financial world, Chris enjoys spending time on the golf course or exploring the outdoors with his family and their beloved dogs.

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 competitive 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) and the Financial Services Conduct Authority in South Africa (Sable International FX [PTY] Limited - FSP no. 41900). We are registered as a Money Services Business with FinCEN in the USA (Sable International FX Limited -registration no. 31000236345657). Visit our compliance page.

For clients utilising our Currency Solved service, these products and services are provided by the FCA regulated E-money institution Currencycloud – please see license and registration details here and terms of use here

Cyber Essentials

Our Cyber Essentials certification reflects our ongoing commitment to cybersecurity best practices, ensuring that we safeguard sensitive data and operate with a high level of digital integrity.