02
Days
04
Hours
56
Minutes
33
Seconds
Special Rate Available for next 5 clients - don't miss out

No Time to Wait? Get your Preferential Exchange Rate Now

No Time to Wait? Get your Preferential Exchange Rate Now

from WBForex - Specialists in currency transfers out of South African

Transferring funds out of SA does not have to be complex.

At WBForex you will find a simplified and friendly solution to transferring funds abroad whilst giving you the security of bank to bank service at bank beating rates.

02
Days
04
Hours
56
Minutes
33
Seconds
Special Rate Available for next 5 clients - don't miss out

Here’s What You’ll Get with Us

  • Helping South Africans transfer funds out of South Africa.
  • We are recognized for our superior customer service and help to simplifying the process which means you save time, money with a zero stress transfer service.
  • As a small dedicated team, you are welcome to contact anyone in the team to guide you on the best transfer solution for your requirements.

One-stop-shop solution for all your foreign exchange needs

Our Service is Free

Assistance through the entire process

SARS tax clearance with Full SARS, SARB and exchange control compliance

Great exchange rates

with No Hidden Costs

R1million and R10million annual allowances

Here’s what people are saying about the WBForex

James royce

Architect

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jake duke

Developer

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Since these 3 testimonials are just after you’ve introduced your course, they should focus on how the course helped customers to obtain a huge benefit.

Anna parker

Photographer

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Get instant access to your Preferential Rate now

  • Discretionary allowance transfers up to R1 million* 
  • List Investment allowance transfers up to R1 million* 
  • Excellent, bank-beating exchange rate
  • Tax clearance applications
  • Inheritance and trust transfers to offshore beneficiaries 
  • Non-resident account

How it works

1

Open a free no obligation account and talk to our expert team about your requirements.

2

We'll take care of all the red tape (including SARB tax clearances and exchange control approvals)

3

Secure your exchange rate and send us your funds.


Frequently Asked Questions

Who is White Birch Forex?

White Birch are specialists in transferring funds for South Africans from South Africa to any bank in the world.

Why should I use WB Forex and not the bank?

Your money is still transferred safely and securely via the bank, however as an intermediary we are able to negotiate the exchange rate that you get for your transaction which is better than what the commercial banks will offer you.

How much can I transfer from South Africa?

Every resident above the age of 18 has two allowances that they can use to transfer funds from SA:

R1,000,000 - Single Discretionary Allowance

As a resident, you may transfer a total of R1 000 000 from SA every calendar year. Please note that all card transactions, travel allowance and gifting while you are abroad are included under this allowance.

R10,000,000 - Foreign Investment Allowance

As a resident, you may also use this R10 000 000 allowance per calendar year. A tax clearance is required from SARS. This tax clearance is associated with the Foreign Investment Allowance and differs from a normal ‘good standing’ tax clearance.

You may also transfer funds abroad more than these allowances. Please contact us for more information.

The minimum requirement for transferring funds is that you must be in possession of a green bar-coded ID document or the latest ID card

Can I open a foreign bank account online in order to transfer my money abroad?

For UK accounts, we can offer guidance on how to open a online account. for other countries, they may allow you to open bank accounts online, and would recommend researching it using the foreign bank’s website for more information.

What are the costs involved in transferring funds from South Africa?

The only fee you will pay is the bank transfer fee of R250 per transaction irrespective of the amount. This is the normal bank transfer fee. WB Forex service is free.

more FAQs

The only fee you will pay is the bank transfer fee of R250 per transaction irrespective of the amount. This is the normal bank transfer fee. WB Forex service is free.

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