Welcome to a world of effortless payments.

Transferring money can be slow and expensive depending on who you use. Using our own technology, we plug directly into our partner banks. This gives customers the ability to book deals, manage beneficiaries and submit payment instructions from anywhere.  

We invest heavily in technology

We believe everyone should have access to fair and transparent pricing. We’ll give you everything you need to make cost effective, efficient international payments online.

We remove complexity

Through a secure online platform, clients have the ability to monitor rates, execute trades in over 20 different currencies, manage beneficiaries and submit onward payment instructions in a matter of minutes.

Transfer money online

An easier way to send money internationally

Make and receive payments in 20+ currencies 

Hold funds in foreign currencies

Access bank beating exchange rates online

Only pay R250 in transfer fees

Same day GBP, EUR & USD payments

Add and manage beneficiaries easily

Keep a full record of all FX Payments online

Try it free now

How it works

We use technology to simplify and improve the way people and businesses make international payments.

Open a free account online

Open an account online. It’s simple, fast and free.

When you register online, we’ll open a free Bank Account in your name at our partner bank. You will always fund your own account; we never handle your money directly.

arrange a transfer

Use our smart platform to secure a great rate.

Login, select the currency and amount you would like to transfer, and secure a great exchange rate. To pay, you’ll need to make a bank transfer to your new account.

transfer money overseas

Tell us who you want to pay, upload your docs, go relax !

Enter the beneficiary’s details for the company or person you would like to pay, upload your supporting documents, sit back and relax while we handle the rest.

Open a free live account now

Fixed fees, 0.5% and R 250 for business payments

It’s not uncommon for some banks to add 2 – 3 % onto the exchange rate when making foreign payments. Our business customers enjoy a fixed margin of 0.5% and only pay R 250 to transfer funds abroad. 

Open a free live account now

Your questions, answered

Is FX Paymaster right for me?

FX Paymaster’s online platform lets you make and receive foreign payments quickly & easily. Our rates and fees are 100% fair & transparent – which means you’ll never pay more than you should to transfer funds. You can use our services to pay foreign invoices, buy stock, pay employees or make foreign investments.

You can also use our online platform to make personal foreign exchange transfers, however you’ll need to create a separate personal account to do so.

How competitive are the FX Rates?

Some banks add around 2 – 3 % onto the exchange rate and charge between R600 – R1,200 in transfer fees.

We have relationships in place with particular banks. Based on the volume of currency we move, we’re able to negotiate preferential rates and offer business clients a fixed margin of 0.5 % and R 250 in transfer fees. 

Are there any fees or charges to open an account?

No, opening an account is completely free and there’s no obligation to make a transfer. 

Once you have completed the online application form and we have verified your information, we’ll open a free bank account in your name at our partner bank. You’ll use this account to settle any transactions you book online.