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
Trade finance
Non-resident accounts
* 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
Fully regulated
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.
Expert advice
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
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.
Get in touch
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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.