July 18, 2022
Transfer money Safely & Securely out of South Africa
Transferring money out of South Africa does not have to be complex. Here you will find a simplified and friendly solution to transferring money abroad whilst giving you the security of bank to bank service at bank beating rates.
Specialists in South African (Rands) currency transfers.
Helping South Africans transfer money out of South Africa.
We are recognised for our superior customer service and help to simplify the process which means you save time and money with a zero stress transfer service.
As a small dedicated team you are welcome to contact us to guide you on the best transfer solution for your requirements.
Our Services Include
Sending money from south africa
When sending money out of South Africa, there can be a lot of bureaucratic procedure to comply with, like the South African revenue service and exchange control process and a number of foreign exchange allowances to consider. We are here to help guide you through the process, to make your transfers simple with a dedicated currency expert to help manage the whole process for you.
How it works
fAQ
White Birch are specialists in transferring funds for South Africans from South Africa to any bank in the world.
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.
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
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.
Forex Foundation
We believe in paying back into our planet to preserve it for the future generations with our WhiteBirch 'forex' foundation. We plant 6 new trees every month.
'DON'T JUST TAKE OUR WORD FOR IT'
Jennifer venter
12:44 10 Nov 21
Adele and her team are effective, efficient and pro-active. Highly recommended!!!
Annabel Potgieter
10:27 05 Nov 21
Adelle's service was fantastic, kept me up to date all the way, I can strongly recommend her.
Estelle Nelson
13:46 28 Oct 21
Excellent Service. Used them more than once and every time the service was excellent. Always replied to all my million questions. Emails always answered promptly. Can recommend WBForex to everyone
willie brand
10:06 30 Sep 21
They are very professional in their approach and was exceptionally helpful from the fist day, I give them an excellent rating on all levels especially transparency
Walter Willies
09:12 21 Sep 21
Wouldn't hesitate for one moment to use WBForex again. I have used their services three times, and the system is clear, communicative, inexpensive and above all, trustworthy.
Tanya Fourie
12:00 17 Sep 21
Such friendly and efficient service! Made it easy and communicated well throughout! Thank you everyone, specifically Adele who I dealt with the most
Chris Folker
12:24 19 Aug 21
Adele, has been amazing. Having moved to the UK with no form of contact apart from a GMail and whats app she made the process seamless and pleasant as one could ever imagine.Brilliant. i would highly recommend WB Forex
Dave Choveaux
07:01 23 Jul 21
Excellent service and support from the team at WBForex for international transfers! Highly recommended as they helped simply what can seem like a complex process. I was kept timeously updated every step of the way
Chris Barrett
15:40 06 Jul 21
The WBForex team have been amazing. They render a relatively complex process easy to understand, and offer help and advice every step of the way. The team are incredibly responsive, most especially Adele, and all of my enquiries and requests have been addressed almost immediately. I can confidently recommend WBForex for international transfers.
Ryan Mear
11:56 28 Jun 21
5 Star rating for a 5 Star team. Adele and Andrew provide excellent service all round. From start to finish they keep you up to date with the whereabouts of your money. I would definitely recommend WBForex.