Personal FX Transfers

Get more for your money when you transfer with FX Paymaster

If you’re investing overseas or emigrating, our dedicated currency team will help you get more value for your money. We’re all about great rates and exceptional customer service. We offer a simple currency transfer service and will work with you to get the best exchange rate possible.

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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 rates and fees are up to 65% better than banks.

WHY CHOOSE FX PAYMASTER

If you’re looking for a simple money transfer service with bank-beating exchange rates and great customer service, then get in touch today.

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.

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.

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.

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Do you need help navigating

South African Exchange Controls?

Transferring money out of South Africa can be overwhelming if you don’t understand the exchange control regulations.  We can assist with the following:

  • Emigration Transfers

  • Tax Clearance Certificates

  • Financial Emigrations

  • Opening AUS/NZD Bank Accounts

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Personal FX Transfers

South African Exchange Controls

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.