The rates published are actual dealing prices and are only available to fx paymaster Business clients. We charge a flat fee of R250 to transfer funds abroad.
This product is designed for companies who trade regularly. If you need to make a personal transfer, please contact our Dealing Desk on 011 888-0125 for a competitive price.
fx paymaster is South Africa’s most innovative payment
provider. We got tired of banks overcharging customers
each year just to transfer funds abroad. Seeing a gap in the market for a simple, transparent money transfer solution,
we came up with fx paymaster.
We are an Authorised & Regulated FSP : 46213
Stay ahead of the FX game with our new fixed pricing. Our business customers enjoy a fixed spread of 6 cents and only pay R 250 to transfer funds abroad. We’ve standardised your pricing because we believe in fair and transparent pricing. This means you’ll always know upfront, exactly what your foreign exchange payment will cost. We’re the only fx provider in South Africa offering fixed, transparent pricing. Discover more >>
You don’t need to switch banks in order to use us.
We’ll open a free bank account in your name at one of our partner banks.
You will always fund your own account, we will never handle your money directly.
Your dealing margin and transfer fees are fixed up front for total transparency.
We’ll give you access to our easy to use online platform where you can view live rates, book deals, manage beneficiaries and make payments all in one place. Your margin and transaction costs are fixed upfront, so you know exactly what you are paying every time you make a payment.
Register online and we’ll open a
free bank account in your name at
our partner bank! We’ll activate
your new online account and send
you the login details.
Simply login and select the
currency and amount you want to transfer and we’ll give you a great rate. To pay for your currency you’ll need to make a local bank transfer to your new account.
Enter the beneficiary details online for the person or company you want to pay, upload your supporting docs and we’ll handle the rest.
Whoosh off it goes. It’s that easy.
