When banks transfer money, they often add as much as 2% on top of the exchange rate (sometimes more). Our pricing is 100% fair & transparent. Our business customers enjoy a fixed margin of 0.5% and only pay R 250 to transfer funds abroad.
On a $ 50,000 payment, that’s a difference of nearly R 12,000 more through the bank.
Make and receive payments in 20+ currencies
Buy currency online quickly & easily
Enjoy market-beating FX rates, regardless of the amount
Reduce your admin & transfer fees by up to 65%
Check live exchange rates
Add and manage beneficiaries online
Open a free account online in minutes
A Demo Payment Account is a free trial account which allows you to explore our platform without the commitment or obligation of signing up. It’s a great way for new customers to learn about online payments and compare our pricing against the bank. You can upgrade to live payment account at any stage to start making international payments.
André C, CGMA – financial managerThis was our 1st real payment with FX Paymaster and it saved us 21k vs bank – that’s decent money by anybody’s standard. Hugely impressed ! We see these things in buckets, a saving like this pays a salary, or the printers or a new welding machine etc. that we did not have before. You line up a couple of these buckets in a year and before you notice it you’ve saved R5m/R10m a year (<< True story).
Open a free Account
When you register online, we’ll open a free Bank Account in your name at our partner bank. You will always fund your own account; we never handle your money directly.
Arrange a transfer
Login, select the currency and amount you would like to transfer, and we’ll give you a great rate. To pay, you’ll need to make a bank transfer to your new account.
We’ll make your payment
Enter the beneficiary’s details for the account you would like to pay. Upload your supporting documents and we will handle the rest. Once complete, we’ll send you the SWIFT confirmation.
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