Money Transfer South Africa
Sending money over to a different country in a different currency can be quite a nerve wracking and expensive exercise. If you are planning on sending all or part of your hard earned savings to South Africa to finance your new life or to buy a property for example, you want to make sure that:
- you do not pay unnecessary fees
- that you get the best exchange rate possible
- and that the transaction goes as quick as possible and your money arrives safely on the other side.
It is advisable to look for an alternative to your bank. A currency exchange company usually offers a better deal.
Currency exchange companies deal directly with the currency markets every day. They do not offer any other service than the transfer of currency. Currency exchange companies buy currencies in bulk and therefore get better rates than banks usually get. And this is an advantage that will be passed on to you, the client. You will therefore get a better exchange rate. On top, there are no fees or hidden commission involved.
A foreign exchange broker will also be able to tell you which of the different options to transfer money will be the right choice according to your circumstances. You can use a spot deal, forward contracts or limit orders. It is also possible to do regular payments, for people that need to transfer for example a pension to another country.
Please contact us to find out more about currency transfers.
To find out how Intergate Corporate can assist your organization please contact us for a free initial consultation or request a call back.
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