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Transferring Money

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Pam1

Hi there,

I am trying to find out if I am allowed to transfer money between my UK bank and my SA bank account. If so, is there a limit?

Thanks for your help.

See also

Opening a bank account in South AfricaOpening a bank account in South AfricaEvolution of banking services in South AfricaInternational BankingInvesting in South Africa
Aurélie

Hello Pam1.

Welcome to Expat.com! :)

Hope you'll be helped by other members soon.

Thank you,
Aurélie

kilima

yes you can transfer money from uk to s.a.
regards

Pam1

Thanks for your reply!

Can I transfer money monthly?

Pam

kilima

hi Pam
yes you can do that.Talk to your bank.High charges may apply if you use banks.Try the internet to find out which other companies do money transfer.If you read free s.a. news paper available in u.k there are some adverts in it.
regards

Pam1

Brilliant thank you so much for your help. I appreciate it alot.

Pam

kilima

Hi Pam
  You can transfer as much as you like,if its earned legaly.
please do not transfer it for someone else you may land up with problem with money laundering.wish you good luck.you can call my no if you wish no uk 07508579191.
  regards

Chris2087

Hello Pam,

You may transfer money between the UK and SA. From the UK there is no limit. Out of SA there is a limit as our rulings are alot more strict. My name is Chris and I am a Forex Broker for a company called exchange4free. We are a money transfer company based here in SA and the UK. If you have anymore queries please email me at chris@exchange4free.com. Regards.

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