Your international money transfer specialists
We assist companies and private clients with all their foreign exchange related transfers and cross-border payments. Our solutions are tailored to your unique requirements.
Get in touchRead 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.
- Transfer money out of South Africa
- Money transfers to South Africa
- AIT applications (tax clearances)
- South African foreign investment allowance
- Receiving your South African inheritance from abroad
- Currency risk management from
- South African exchange control regulations
- Financial emigration from South Africa
- Get our Daily Rand Report in your inbox
- Tax emigration from South Africa
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
Exchange rates
We transfer your money at competitive rates. All of our fees are disclosed up front, so you never have to worry about unexpected costs.
Fully regulated
We are regulated in South Africa with the South African Reserve Bank, the South African Financial Services Conduct Authority and South African Revenue Services.
Our South African forex team
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.
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.
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) 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