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Currency Conversion : Exchange currencies , Forex, at the BEST rate and save, consistently. |
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How do we do it : Our service providers shop around the market (banks) for the best exchange rate and pass this onto you. Remember : The treasury departments in the banks are very high profit centres, so there is a lot of room to reduce exchange rate margins….if you know how. If you do not have access to the right systems, currency volumes, knowledge and currency traders, you will be charged high rates even if it is your own bank you deal with …… and in many cases it is a case of ‘especially’ if you deal with your own bank.
Let our FSB Accredited, passionate, experienced, ex-treasury banker service providers, show you how they convert currency at the best rate of exchange….. consistently !!! |
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Costs : The savings made are shared between you and the currency trader or if you are a corporate, a set monthly fee can be negotiated or a fix on the margin charged. You always benefit !! |
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Risks : NONE, because your money (foreign currency or Rands) never leaves your account. You always have 100 % control of your currency / money. All that happens is our specialists negotiate on your behalf. You decide when and with whom to convert foreign currency. |
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Who can use the service : |
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Corporates : Moving currency from South Africa, abroad or bringing currency into SA. |
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Companies : Importers that need to buy foreign currency and exporters proceeds are converted |
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Businesses : That wish to invest off shore or companies that want to invest in South Africa need the best currency rates. |
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Individuals : Using their travel allowance, settling allowance or offshore allowances; ex-pats returning to SA or South Africans wanting to bring in currency , or non-South Africans bringing in foreign currency, will all benefit from the best rates of exchange in South Africa. |
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Other currency risk – treasury risk management services: |
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FEC’s – Forward Exchange Contracts : These are currency contracts that fix the rate of exchange for a future date. You thereby hedge your risk ( reduce risk) by knowing the exact conversion rate you will get, on receipt of the funds or when buying foreign currency. |
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Currency Options : Give you the RIGHT not an obligation, to convert currency at a particular exchange rate, within a specific time period. You are not obliged to convert the currency but do have the right to convert currency, when markets are at the rate that you have secured, with the Option Contract. |
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there is NO RISK to you at all. Your money stays in your account at all times !! |
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the rates offered by our service providers are the best - try us and see the savings !! |
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Business Loans |
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Existing businesses that need to expand and need finance have a good chance of securing funds through us, if |
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the business has been profitable in the previous 2 years, |
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has a firm order book |
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a clean credit history |
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a comprehensive business plan |
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concise up-to-date financial accounts, preferably audited |
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a minimum loan size of R 500 000 |
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and the lender has an appetite for the type of business |
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New business loans are available ONLY IF you have at least |
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30 % own contribution |
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a clear credit history |
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security of at least 60 % of the balance of the funds needed |
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a viable business concept |
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a clear, comprehensive and concise business plan |
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ideally some secured orders |
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minimum loan size of R 500 000 |
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and the lender has an appetite for the type of business proposed |
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Business loans can take upwards of 8 weeks to secure. Credit Providers are very selective about what businesses they lend to, based on what the perceived and real risks are. Borrowers need to have researched the markets very comprehensively, have the required own funding and be able to provide adequate proof of ability to service the loan. |
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Services For Black Listed Clients |
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Debt Consolidation: If you own a residential home, let us arrange a new bond and use the equity (current value less outstanding bond) to settle debts. Click Here to print the pre-qualification checklist. |
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Home Rescue: Are you in Arrears in your Bond Repayments or about to lose your home? Let us help you!. |
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Avoid being "Blacklisted". |
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Avoid repossession costs. |
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Free up cash to do what ever you want with. |
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Settle your bond. |
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Get "back on your feet"! |
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Click here to find out more. |