Offshore transfers.
Made simple.
Why choose Rand Swiss?
Lower costs.
Get access to highly-competitive exchange rates.
More options.
Move your funds to 60+ countries and over 25 currencies.
Peace of mind.
Rand Swiss is SARB approved and regulated by the FSCA.
Dedicated broker.
We’ll guide you through the transfer process – from start to finish.
Expert insights.
Get expert guidance on exchange control from our offshore brokers.
Tax clearance.
Free SARS Tax Clearance Certificate for transfers over R1-million.
Unlock
unlimited global
opportunities.
Move your funds offshore today.
Step one:
Open a CCM account.
First your broker will open a local deposit account (in your name held at Investec). Opening an account, is quick and easy. Just complete the forms the broker sends to you and return them with the necessary FICA. Once the account is open, you will pay your ZAR balance across to this account.
Step two:
Your broker will book your transfer.
When the balance reflects, your broker will book the transfer. If you’d like to target a specific exit rate, your broker can either wait for the currency to reach a specific level or you can exit at best. (If you have more complex requirements we can book forward contracts/hedge contracts.)
Step three:
Your funds will arrive offshore.
To finalise the trade, the broker will complete all the necessary exchange control paperwork for you. Once the trade has been processed, the funds will arrive at your desired destination within 24 hours, whether that’s an offshore investment with Rand Swiss or a third-party account.