FOREIGN EXCHANGE

Foreign tax clearance and currency transfers

Register for assistance with your Foreign Tax Clearance and currency transfers to save on the exchange rates

Carrick FX

Together with trusted currency experts, Carrick FX can can assist our clients with the process of obtaining foreign tax clearance from SARS and facilitate a currency transfer of your funds at preferential exchange rates, ensuring you save money on the exchange rates from your bank.

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Benefits and services

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Completing required forms

Completing the required exchange control, SARS foreign tax clearance and currency forms

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Tax clearance certificates

Applying for free SARS foreign tax clearance certificates (FTCCs) on your behalf (1-3 days)

Preferential rates

Preferential all-inclusive foreign exchange rates so you save on the retail exchange rates from your bank (zero commissions and administration fees)

Currency transfers

Annual Discretionary Allowance and Foreign Capital Allowance currency transfers

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Special SARB approvals

Special SARB approvals for amounts greater than the annual individual allowances of R11 million