personal allowances - transferring funds


Need to move money from South Africa?

Funds transfers from South Africa are subject to exchange control regulations, as governed by the South African Reserve Bank. A breach of regulations is deemed a criminal offence and subject to penalties. How to make sure you're doing it right first time? Talk to the experts.

For the best solution, best rates and lowest fees let us call you

Where you live, will determine how much money you may move:

  outside South Africa:   in South Africa:
  R4M in each calendar year using your:
  • Foreign Investment Allowance(R4M)
  • Discretionary Allowance(R1M) in the year you leave South Africa
  R5M each calendar year using:
  • Foreign Investment Allowance(R4M)
  • Discretionary Allowance(R1M)

Terms and conditions

  • over 18 years of age
  • an active tax record with SARS
  • a tax clearance certificate (not required for the Discretionary Allowance)
  • in possession of a South African ID document
  • South African Reserve Bank application

We take care of: SARS tax requirements; Reserve Bank documentation; special Reserve Bank application to move funds exceeding the limits as listed above.

testimonials

  • Dave Lee
    United Kingdom

    cashkows were great. Very efficient....read more



  • Cheryl Adamson
    Australia

    Thanks guys for all your patience and efficiency, could never have done this myself....read more



  • Johan Marais
    Australia

    Dankie tog dis afgehandel. My RA is veilig in my Aussie rekening... Nou kan ek fokus op die krieket....read more



  • Karel Mare
    Zambia

    The CashKows team did an amazing job getting my financial migration sorted. I had my doubts, but CashKows delivered....read more



  • Cornel Grobler
    Australia

    Dankie vir jul vriendelike en effektiewe diens. Kommer vry en maklik....read more



  • Pieter Steyn
    United States of America

    Thank you cashkows. The services you provided were outstanding. I should have use you years ago. Most friendly, professional and helpful per...read more



  • Shirley Fanie Malan
    Australia

    Thank you cashkows. Excellent service highly recommended...read more



  • Melvern Young
    Poland

    To all the staff at cashkows a big thank you for a job well done. I will recommend your service to all the expats that cross my path. Your...read more



  • Daisy Maytham
    United Kingdom

    Thanks to cashkows for all the help. Brilliant service....read more



  • Elaine Dijkstra-Botha
    Netherlands

    cashkows - highly recommended if you want professional, efficient and complete service....read more



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