Submit the form at a nedbank forex branch. Because the pound sterling is a widely traded currency you ll be able to find plenty of companies that can exchange south african rand to pounds so you ll need to be sure you compare your rates and the potential fees before choosing which service to use.
International bank drafts money orders.
How to send money overseas from south africa. Express is the fastest way and requires a debit or credit card. Registration is free of charge and non obligatory. You need to have an fnb paypal linked account to send money from south africa which may incur additional fees and because paypal doesn t support the rand you ll need to send money in an alternative currency.
They have an express or economy option. Check to see if the providers you re considering will allow you to send money from south africa to your intended destination. Transferring money from south africa there are two ways to send large amounts of money from south africa.
Although not a quick option you could send a bank draft or a money order overseas. Incompass provide excellent rates no administration fees and a first class comprehensive service for transferring your money out of south africa. Fill out the form with your personal information payment amount reason for payment and the recipient s bank account details.
Aside from the applicable exchange control limits in south africa other international money transfer providers can impose a minimum maximum transaction limits. To find out more about how we can help you with transferring money out of south africa call us on any of the numbers below or send us an e mail. International money transfers allow you to send money overseas through a bank or money transfer service.
To send a telegraphic transfer complete the following steps. You can either use your discretionary allowance of r1 million or your foreign investment. Download an online form or pick one up in person at your nearest nedbank forex branch.
Remitly offers two ways to send money to africa. The economy has the lowest fees and requires a bank account to send money.