Save time and money on international transfers within the Mining industry

The South African Mining sector is one of the most affected by international events and currency markets. Mining is vital to South African economy as it accounts for about 60% of our exports. Mining companies rely on us to provide cost effective currency transactions in order to protect their businesses and profit margins.  

 

How currency exchange affects South African Mining businesses

South Africa is one of the world’s leading mining countries. For years South African Mining companies have struggled to control costs due to currency exchange rates. Most South African Mining businesses export minerals. As a result, they are exposed to currency market fluctuations and rely on a weak Rand to increase foreign exchange earnings. 

What we can offer your business

Contact us to see how we can help you manage your foreign exchange and international payments

Reduce your international payment costs with FX Paymaster 

The Rand is an extremely volatile currency, this makes it difficult for South African Mining companies to control import and export costs. With the right currency strategy, South African Mining businesses can reduce their foreign exchange costs significantly.