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 rates and fees are up to 65% better than banks.
Personal Service
Transferring money should be quick & easy not slow & painful. Our clients have direct access to our dealing room and can speak to one of our experienced dealers at any point.
Great Forex Rates
We give clients access to a simple currency exchange service where they can buy & transfer currency at the best exchange rates available in the market.
Simply and Convinient
Dealing with banks is frustrating at the best of times. Our experienced team will handle everything for you. Simply email us the documents and we’ll do the rest.
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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