The fastest way to send money to the USA is online with FX Paymaster. A simple and cost-effective solution to convert and transfer money overseas. Great exchange rates, low transfer fees, no hassles.

Send money to the USA in 3 easy steps

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FX Paymaster has been providing excellent international payment services for over six years.

Everything you need to know about transferring money to the United States

01

How much does it cost to transfer money to the US from South Africa?

Our Personal clients enjoy a fixed margin of 0.75% which is included in the exchange rate, and only pay R 250 in transfer fees. There are no hidden fees or commission.

02

How much can I expect to save using FX Paymaster?

On average, we’re saving customers between 1-2% on their international transfers. On a single Discretionary transfer of R 1 million, that could easily equate to a saving of up to R 20,000!

03

How long will my transfer take to reach the USA?

Most international transfers to the USA are completed within a day. For major currencies, we can also make same day delivery payments providing your deal is settled before 12:00 midday. As soon as your payment has been sent to the USA, we’ll send you a SWIFT confirmation for the transfer.

04

What banking information do I need to send money to the USA?

When sending money to the United States, you will need to provide the following bank account details:

  • ABA Routing Number/Fedwire Routing Number
  • Account Number
  • BIC / SWIFT code

05

What is the easiest way to transfer money from South Africa to the USA?

Sending money to the United States  is easy from our new online platform. Whether you’re emigrating to the US or simply need to make a USD Payment for your business, we can help you secure the best exchange rates.

06

How much money can I transfer out of South Africa per year?

As a South African resident, you can transfer a total of R11 million out of the country each year using your allowances. Taxpayers over the age of 18 who are South African residents are eligible for the following allowances:

  • R1 million single discretionary allowance (no tax clearance required from SARS)
  • R10 million foreign investment allowance (FIA tax clearance is required from SARS)

07

How do I know my funds are safe?

FX Paymaster is an Intermediary service provider. All deals are executed in the clients name directly with an Authorised Dealer Bank. We are here to help you get the best FX rates and to ensure your payments go off quickly and smoothly. You will always transfer funds into your own account, we never handle your money directly.

08

Can I secure the exchange rate now while the USD looks good?

Yes, in a recent change to the South African Exchange Control Regulations, Private individuals (South African residents) can now take out forward cover. This is great news for anyone looking to emigrate. Forward contracts are an ideal tool to use if you have an international payment to make in the future and want to remove the risk of the exchange rate going against you.

Get your guide now

Life in America: Get your Guide to moving to the USA now. We cover everything from basic utility services to Money Matters.

    Guide to moving to the USA

    We’ve made it possible for customers to move money faster, cheaper & easier than ever before. 

    Keep your finger on the pulse with our live rates

    The pricing below is based on live inter-bank market rates.


    Sending money to the USA? Get a free quote now

    Fill in your details and one of our friendly dealers will contact you to discuss your currency requirements. Contact us if you have any questions or need further information. We’re here to help.

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      Get the best exchange rate today. Some of the other countries we cover.