Tax Clearance for Currency Transfers out of South Africa

Get help and advice with your tax clearance for you currency transfer out of South Africa with Incompass Forex for free.

Get help and advice with your Tax Clearance for you currency transfer out of South Africa with Incompass Forex for free.

When effecting a currency transfer out of South Africa, there are certain pre-requisites that must be followed:

All currency transfers out of South Africa made under the foreign investment allowance require a tax clearance
All currency transfers out of South Africa require reserve bank approval

Incompass Forex offers their money transfer clients this service as part of their forex service. This means that if you are transferring money out of South Africa you do not need to worry about obtaining these permissions yourself or incurring further costs. We do it.

In addition to our tax clearance certificate our clients benefit from:

  • NO administration fees
  • The VERY BEST exchange rates
  • EXPERT advice and guidance
  • DISCERNING service
  • SAFE AND SECURE trading
  • FULLY SARS and exchange control compliant
  • CORRECT declaration of funds
  • BANK ACCOUNTS – set up in South Africa and overseas for larger sums

All of our transactions are processed through local banks, which are approved authorised dealers by the South African Reserve Bank. In addition we are an FSB (Financial Services Board) registered company holding all appropriate licences. Our money transfers, in to and out of South Africa, are done in strict accordance with money laundering regulations and exchange control regulations and all our transactions are audited in terms of our licence and banking requirements.

We distinguish ourselves from banks by offering a better service, better exchange rates and no fees. We distinguish ourselves from other currency companies due to our expert knowledge of the South African Exchange Control regulations.

If you have a requirement for a currency transfer out of South Africa let Incompass obtain your Tax Clearance Certificate for you.

Contact our local agent Christopher Stokes on + 27 (0) 82 400 5859 or e-mail him here to ensure your forex transfer out of South Africa is executed in the most efficient and cost effective way.