WITH OVER 20 YEARS OF FOREIGN EXPERIENCE, YOU CAN RELY ON US

 If you’re investing overseas or emigrating, we’ll ensure you never pay more for your international transfer than you have to! We give clients direct access to the best exchange rates in the market. In some cases, we’re saving Private Individuals as much as 45 cents on the exchange rate versus the bank.

HOW FX-PRO WORKS

Open an account & transfer money in 3 easy steps

why choose FX-PRO

We’ll save you time and money on your overseas transfers

Do you need help navigating South African Exchange Controls

Transferring money out of South Africa can be overwhelming if you don’t understand exchange control regulations.  Give us a call today if you would like to discuss exchange controls, discretionary and investment allowances or if you need to obtain a tax clearance certificate. When it comes to transferring money out of South Africa, we can help. Call us on +27 (0) 11 888 0125.

R 1 million – discretionary allowance (DA)

Residents (natural persons) over the age of 18 years can make use of a single discretionary allowance of R1 million per individual per calendar year. No tax clearance certificate is required. If you have any questions about Discretionary Allowances, call us on +27 (0) 11 888 0125.

R 10 million – foreign investment allowance (FIA)

This allowance can be used to invest funds overseas and requires the applicant to have a green bar coded South African ID book and to obtain tax clearance from South African Revenue Services (SARS) before proceeding.