Private Forex
We are 100% FX focused and specialize in converting your ZAR offshore allowance to your nominated offshore account. You can onboard as a Kuda client from anywhere in the world.
Our high-energy, skilled team will apply our minds to offer you a highly rated foreign exchange service whilst ensuring that compliance and legislative requirements are met. Not only do we provide a personal service experience, but our rates are competitive too - bank beating in fact. You will see why our loyal client base has never doubted their decision to speak to us.
Get StartedYour allowance is a maximum R1-million per calendar year. No SARS Approval for International Transfers is required. Foreign exchange for travel and other foreign transactions form part of this R1m allowance
Your allowance is R10-million per calendar year. A compliant SARS Approval for International Transfers for foreign investment is required before funds may be converted from ZAR to the nominated foreign currency.
A compliant SARS Approval for International Transfers for purposes of foreign investments is required to make use of the Foreign Investment Allowance. Kuda FX offers a service of applying for the Approval for International Transfers on behalf of our clients. Once approved, the Approval for International Transfers is valid for 12 months.
We specialize in converting your client’s South African Rand offshore allowance into Dollar, Sterling, Euro and other currencies for transfer to their nominated offshore investment product. Your clients will enjoy preferential rates. We help your client with the SARS Approval for International Transfers application (if required) and then we move your client’s foreign currency abroad. With our paperless & secure online registration form, we have simplified the process of opening the Investec Prime Money Call Account for your client in their own name. Our team will go the extra mile to offer you and your client a highly rated service whilst ensuring that compliance and legislative requirements are met.
Kuda FX assists non-resident clients with the exchange control and SARB approvals required for the repatriation or remittance of funds from South Africa. We facilitate funds coming into South Africa, ensuring that legislative requirements are met, and proper record keeping is done for future repatriation of the funds.
South African’s working abroad can transfer funds back to South Africa at very competitive exchange rates and receive our personal touch.
Financial Advisors
Attention: Investment Houses, Fund Managers, Wealth Managers and Independent Financial Advisors.
Kuda specializes in converting your client’s South African Rand offshore allowance into Dollar, Sterling, Euro and other currencies for transfer to their offshore investment product.
Why our service and expertise is unrivalled:
- We offer your clients preferential rates.
- We assist your client with securing a SARS Approval for International Transfers (if required) after which we move your client’s foreign currency abroad.
- With our paperless and secure online registration form, opening an Investec Prime Money Call Account for your client in their own name has been made simple
- Our team goes the extra mile to offer you and your client an unrivalled service while ensuring that all compliance and legislative requirements are met.
