Foreign Exchange

Specialised Loans

Do you ever need to convert funds from one currency to another?

With Banks moving towards a more impersonal, and expensive, product offering they have opened the door for personalized service driven solutions to be offered at a much more competitive rate. With this in mind, we focus on providing our customers with a good old fashioned relationship driven approach to their financial, and specifically foreign exchange, needs.

In order to provide the best possible solution for Foreign Exchange, we have partnered with a well-established player in the market who are fully registered in terms of the Financial Services Board. They are in turn supported by Mercantile Bank.

Our Target Market
While we can provide the same solutions for Forex needs as any bank would be able to do, we focus specifically where the banks are not able to provide an adequate solution to individuals and small commercial clients. The banks are historically very good at looking after large commercial clients. At the same time they are making a big margin on the smaller businesses and individuals

Individuals
There are numerous types of transactions to look out for:

Ex-pats that need to send money back to South Africa

Foreign Nationals in South Africa that need to send money back home

South Africans wanting to send money overseas as gifts

People wanting to purchase something from overseas

South Africans wanting to make offshore investments

South Africans wanting to travel abroad

Companies
The typical client we want to target here is the ones that do one foreign transaction every second month or so.

Our Solution
The nature of the offer we provide is as such that we can guarantee any prospective customer that we would never take bigger margins than initially agreed.