Personal and corporate South African money transfers
We assist companies and private clients with all their foreign exchange related transfers and cross-border payments.
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.
Our services include
Currency risk management and hedging strategies
Foreign investment allowance transfers
Discretionary allowance transfers *
Encashment of Retirement annuity and pension policies
Money transfers into South Africa
Excellent exchange rates and low bank fees
Transferring Inheritances to beneficiaries overseas
Tax clearance applications
* including foreign investment, gifts, travel, alimony and student fees
We secure better exchange rates and charge lower fees than banks can – offering one of the cheapest ways to transfer money to or from South Africa. We also know that foreign exchange services need to be tailored to unique requirements that are very often country- and person-specific.
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
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Carmen was born and raised in the Northern Cape. After school she studied Business Management at Damelin College. In 2008 Carmen’s husband was transferred to Cape Town, so her family of four moved all the way down to the Mother City. It was in Cape Town where Carmen has gained a huge amount of experience in customer support and administration.
Carmen studied Computerised Bookkeeping at Varsity College and is one step closer to achieving her goal of becoming a Chartered Accountant.
She enjoys reading romantic novels and spending time with her family.
Sheena Hobden
- Client Relations Administrator
Sheena worked at a facilities management consortium in relation to the Department of Public Works, where she managed the prestige portfolio for eight years. Here at Sable International, she does all of the client onboarding and registrations for clients sending funds out of South Africa.
Outside of work, Sheena enjoys instructing Zumba classes and being a mom to her seven-year-old daughter. She also enjoys hiking, cooking, going to the beach and socialising.
Ashleigh was born in the Free State, but she has spent most of her adult life in Cape Town. She went to Fish Hoek High School and studied at the University of South Africa.
Ashleigh has a three-year-old son and currently resides in Rondebosch. When she is not working, she is either fencing, camping or at the beach.
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.
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.
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.
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.
Shawn Maidwell
- Business Development Executive
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.
Anita Huyser
- Business Development Executive
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.
Tanya Van Der Westhuizen
- Business Development Executive
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.
Monique Chapman
- Forex and Excon Specialist
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.
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.
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). <.p>
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.
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 continue using our forex service
Great rates, low fees
We transfer your money at fees that banks can’t compete with, we'll make sure you always get a great exchange rate.
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 free 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.
Bank-beating exchange rates and low fees
With us, you’re guaranteed to get better exchange rates, lower fees and 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.