For seamless and efficient offshore transfers, open a Forex Bank Account
- Leaving South Africa, liquidated all your immoveable assets and want to transfer funds offshore.
- Living abroad and receiving insurance payouts, retirement annuity (RA) proceeds, and inheritance funds for offshore relocation.
- Purchasing property in South Africa after ceasing your tax residency
- South African citizens who have financially emigrated and wish to transfer funds out of South Africa must apply for an Approval for International Transfer (AIT) from the South African Revenue Service (SARS), regardless of the amount.
- Our banking solutions simplifies the process, ensuring your funds are efficiently and securely transferred through our ring-fenced account.
Navigating
Compliance
- Accurate Balance of Payments (BOP) Code allocation is essential for compliance and minimising potential tax liabilities and aligning with your tax planning strategies and disclosures.
Our Commitment
to Service
- We assume responsibility for all necessary paperwork and communication with the relevant banking institutions.
- You will receive regular updates throughout the entire process.
- Most importantly, get better forex conversion rates as we deal at wholesale rate level.