FX Capital

FX Capital FX Capital is a financial services company that specialises in foreign exchange transactions and foreignpayments.

FX Capital’s clients include companies and private clients that have foreign payments or receipts of
any nature or size. Whether clients, companies or individuals, are requiring a spot foreign exchange
transaction, or a forward exchange contract, market order or simply advice on what is going on in the
currency market, FX Capital can assist. Companies include importers and exporters of goods and s

ervices, and FX Capital’s service includes
advice and guidance on hedging facilities, managing currency risk strategies, and providing a direct
dealing service. FX Capital is able to save clients money by offering excellent exchange rates and low
bank fees due to the large volumes of currency traded with their partner banks. Private clients include clients emigrating, foreign investment allowances, travel and discretionary
allowances, death benefits and inheritances payments, foreign earnings paid into a South African bank
account, non-resident transfers, retirement annuities and pension transfers. FX Capital can assist clients
with ensuring they are compliant with South African exchange control and all paperwork is in order, and
provide excellent exchange rates and low transfer fees with no commissions offering clients significant
savings compared to the commercial banks and hassle free transfers.

19/04/2012

The SOUTH AFRICAN RAND has once again endured a poor day in the currency markets, taking the GBP ZAR exchange rate all the way up to 12.7005 on the day. Fears over an apparent economic slowdown in China and the ongoing eurozone debt crisis have caused appetite for risk to seep from the market in recent sessions. With significant potential for the emergence of further ‘bad news’ stories in coming sessions, the South African currency is expected to trade with a NEGATIVE bias in the short-term.

11/04/2012

South Africans are entitled to an annual foreign investment allowance of R4 million per person per annum.

02/04/2012

South African Residents are entitled to a discretionary allowance of R1 million per adult and R200,000 per child under 18 years of age.

Travel allowance, gift payments, loans, overseas student fees and alimony all form part of the annual discretionary allowance.

FX Capital can assist South Africans wanting to use their discretionary allowance to make foreign payments.

27/02/2012

Transferring money out of South Africa is subject to the regulations and allowances issued by the South African Reserve Bank.

14/02/2012

ZAR Report from Fx Capital - Foreign Exchange Specialists

Foreign Exchange Specialists
14/02/2012

Foreign Exchange Specialists

14/02/2012

Foreign exchange assistance to people emigrating to Australia and money transfers to Australia

01/02/2012

South African Rand review.After a strong week last week where the Rand registered gains against all major currencies, reaching highs of 7.76 to USD, 12.18 to GBP and 10.21 to EUR, we are seeing some consolidation this week...

Address

Cape Town
7700

Opening Hours

Monday 08:30 - 17:00
Tuesday 08:30 - 17:00
Wednesday 08:30 - 17:00
Thursday 08:30 - 17:00
Friday 08:30 - 17:00

Telephone

021 671 0804

Website

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