We bring you access to direct dealing facilities with South Africa's leading banks. This means that benefits normally only given to large corporate traders are now available to you.
You can access top exchange rates, book and process your foreign exchange all from your desk. Here is a short video that shows how the process works and how much you will save.
You can work out how much you will be able to save by using the below Foreign Exchange Savings Calculator:
Foreign Exchange Savings Calculator:
TYPE IN THE DETAILS OF YOUR FOREIGN EXCHANGE TRANSACTION TO SEE HOW MUCH YOU COULD SAVE.
How does this work?
- Register with Import Export Licences as a foreign Exchange Client - a once off registration fee of R500 applies.
When you want to do a foreign exchange transaction
- Email or fax us the commercial invoice and transaction information or documents.
- We will book the spot rate at your request and send it to you to approve.
- Once approved we make the currency exchange for you.
FOR MORE INFORMATION OR TO START YOUR APPLICATION FILL IN THE BELOW FORM OR GIVE US A CALL ON 0861 0 TRADE (87233).
What will this mean for you?
- Guaranteed maximum 0.5% margin on the exchange rate. – Save 0.5% – 2% on your transaction value or an average of R1 200 per USD 10 000 exchanged.
- Banking fees capped at R195 – avoid excessive and hidden banking fees.
- All transactions processed from your desk - never leave your office.
- You decide on the time and date to book the spot exchange rate – avoid paying higher exchange rates due to the timing when the bank books your rate.
- Avoid bank exchange rate hikes after 3:30pm when the interbank trade hours end.
Security of funds
All funds are only accessed by yourself and our banking partners. We never touch your funds – you therefore have full control, security and peace of mind.
Better Quote Policy
We aim to beat any competitive quote. If you are currently getting a better rate than the one we advertise, email your rate and the institution you are getting it from to quotes@exchangemoney.co.za or give us a call on 021 855 3168 and we will aim to beat it for you.
