October 20

The Cheapest way to Transfer Money Abroad


The Cheapest way to Transfer Money Abroad

Transferring Money out of South Africa!!

Do you need to transfer money abroad?

At WBForex, our service to our clients is free of charge and we are able to offer a better exchange rate than most commercial banks in SA.

The benefit of using a dedicated foreign exchange specialist like WBForex is the surety that you will have a personalised financing solution formulated to your individual needs and requirements.

The team at WB Forex will guide and explain the process in detail, working with an expert can ease the stress of transferring money abroad, they are always available to answer any questions – as well as saving you money in the long run.

How much does it cost to transfer money abroad?

At WBForex, our service to our clients is free of charge.

However, there is a bank swift transfer charge and this is a flat ZAR R250. This is the fee Mercantile bank will charge to do the transfer, irrespective of the amount transferred.

For UK receiving banks, there may be a fee for inbound international deposits. This can usually be in the region of  between £10 – £12, you need to check with your bank to make sure of the amount.

Don’t know where to start? 

•WB Forex will help you open a transfer account in South Africa with Mercantile Bank.

•Once opened, EFT funds into your transfer account.

•Funds clear next working day and we check the rates and advise you.

•If you are happy to proceed, you issue the go-ahead.

•Funds clear the next working day into your UK account.

For additional information on transferring money from South Africa, contact WBForex at admin@wbforex.com– with dedicated account managers in the UK and SA.

WhiteBirch Group


Head Office UK: +44 (0) 207 018 8552

Trading desk in Hartley Wintney (UK) & Pretoria (SA)

WhatsApp: +44 (0) 790 893 3594

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