Transferring Money

Pam1 Member

Member since 26 November 2012

Pam1Member26 November 2012 19:49:21

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

Accommodation in South Africa - Guide
Money transfer in South Africa - Business
Intra Company Transfer - 7 Replies
International Banking - 5 Replies
Investing in South Africa - 2 Replies
Recommended SA Banks? Moving from USA, which banks should I consider? - 6 Replies
The impact of artificial intelligence on the South Africa job market - 0 Reply

Aurélie ViP

Member since 02 May 2012

Follow Expat blog on Facebook, Twitter and Google+

AurélieViP27 November 2012 09:04:09

22735

Hello Pam1.

Welcome to Expat.com!

Hope you'll be helped by other members soon.

Thank you,
Aurélie

kilima Member

Member since 01 April 2011

kilimaMember27 November 2012 10:36:04

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

Pam1 Member

Member since 26 November 2012

Pam1Member27 November 2012 13:27:42

Thanks for your reply!

Can I transfer money monthly?

Pam

kilima Member

Member since 01 April 2011

kilimaMember28 November 2012 12:50:54

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 Member

Member since 26 November 2012

Pam1Member28 November 2012 17:59:22

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

Pam

kilima Member

Member since 01 April 2011

kilimaMember29 November 2012 13:52:02

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

Bank accounts for expats

Discover the best international banks to manage your money securely.

Learn more

Chris2087 Member

Member since 18 April 2013

Chris2087Member22 April 2013 11:11:00

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.