Easier. Faster. Cheaper.

FX Paymaster was formed in 2015 to help people transfer money out of South Africa quickly and easily. Since then we’ve helped thousands of people transfer money all over the world. Our fee structure is simple, transparent and competitive. We’ll add 0.5% – 1.0% onto the exchange rate and only charge you R 250 in transfer fees.  

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How to transfer funds with FX Paymaster?

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How much money can I transfer out of South Africa?

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.

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We’ve been producing happy customers since 2015