Similar to transferring personal allowances abroad, companies are also required to justify to the South African Reserve Bank why they need to remit money to a foreign party. Therefore in order to on-board your business for a Corporate FX Settlement Account, we need to conduct several screening and verification checks (in line with FICA). To do this you can now upload all your companies particulars and documentation via our online business registration portal. Its quick, simple and secure.
Should you not want to make use of our online portal or require assistance with uploading your companies particulars, please contact us via email on email@example.com or alternatively call our dedicated client forex team on +27115684462 who will be able to send you all the relevant forms and documentation required to open up a Corporate FX Settlement Account.