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The South African money transfer experts

South African money transfers are complex. The South African Reserve Bank has complicated foreign exchange regulations, so moving money in and out of the country requires expert knowledge and understanding. With us as your partner, you'll never be tripped up by red tape when transferring funds.

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The rates we display here are mid-market and indicative.
Actual rates will vary depending on your transfer amount.

Our services include

 

 

Currency risk management and hedging strategies
 

Foreign investment allowance transfers
 

Discretionary allowance transfers *
 

Encashment of Retirement annuity and pension policies
 

Non-resident accounts
 

Money transfers into South Africa
 

Excellent exchange rates and low bank fees
 

Transferring Inheritances to beneficiaries overseas
 

Tax clearance applications
 

Trade finance

 

including foreign investment, gifts, travel, alimony and student fees
 

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.

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.

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

carmen-pitts
Carmen Pitts
  • Administrative Assistant
sheena-hobden
Sheena Hobden
  • Client Relations Administrator
ashleigh-wortmann
Ashleigh Wortmann
  • Forex Broker
lynn-oz
Lynn Ӧz
  • Forex Broker
brenda-simpkins
Brenda Simpkins
  • Forex Broker
profile-female
Rochelle Naicker
  • Forex Broker
charmaine.thompson
Charmaine Thomson
  • Forex Broker
shawn-maidwell
Shawn Maidwell
  • Business Development Executive
anita-huyser
Anita  Huyser
  • Business Development Executive
tanya-van-der-westhuizen
Tanya Van Der Westhuizen
  • Business Development Executive
monique-chapman
Monique Chapman
  • Forex and Excon Specialist
tiim-powell
Tim Powell
  • Director
james-edward
James Edward
  • Director
 

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.

 
Our exchange rates beat the bank

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.

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Compliance and regulations

We are fully regulated and registered in South Africa, the UK and Australia. In South Africa, we have an FSB licence (FSP licence number 41900). Our Australian Financial Services Licence (AFSL number 335126) was issued by ASIC.To find out about our certifications and security procedures, visit our compliance page

South Africa

Cape Town

Regent Square
Doncaster Road
Kenilworth 7708 +27 (0) 21 657 2120

Durban

25 Richefond Circle
Ridgeside
Umhlanga 4320 +27 (0) 31 536 8843

United Kingdom

London

Castlewood House
77/91 New Oxford Street
WC1A 1DG +44 (0) 20 7759 7514

Croydon

5-7 Selsdon Road
South Croydon
CR2 6PU +44 (0) 20 7759 7581

Australia

Melbourne

9 Yarra Street
South Yarra
VIC 3141 +613 (0) 8651 4500

Sable International is a trading name of 1st Contact Money 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 (1st Contact Money [PTY] Ltd - FSP no. 41900) and hold an Australian Financial Services License issued by ASIC to deal in foreign exchange (1st Contact Group - AFS License number 335 126).

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