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Money limits


Groover

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Hi there,

 

What is the limit that can be moved from SA to Australia? I assume the best way would be via a Forex company.

 

Tks

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You get a discretionary allowance of R1M per year, plus up to R10M with SARB approval.  Forex companies usually handle those applications for you.

I used FX Capital. Speak to Tanya Van Der Westhuisen (TanyaVDWesthuizen on this forum).

 

There are a number of topics that discuss this - perhaps do a search of the forum.

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