MONEY TRANSFERS TO SOUTH AFRICA
A money transfer to South Africa may seem simple enough, after all most people reading this article will never have come across the impact of exchange control regulations before. These can have a profound effect on your ability to effect a repatriation of your funds later on (transferring money back out of South Africa that you had previously transferred in).
If you are not aware of the exchange control regulations you should click on the link above and we also discuss their impact in brief below. But first let’s first look at the basics.