Call Us
+27 12 001 0529 | +27 76 984 1890
Our Working Hours
Mon - Fri: 8.00 - 17.00
Services
OUR SERVICES
A FEW THINGS WE EXCEL IN
CORPORATE BUSINESS
Our team specialises in the seamless conversion of the South African Rand into major currencies such as the Dollar, Euro, GBP, and others, directed to your nominated offshore beneficiary. Our process involves the establishment of an Investec/Bidvest company account, facilitating the smooth flow of outward funds or receipt of export proceeds. Tailoring our FX solutions, we cater to the unique needs of importers, exporters, and various forex transactions.
With ISWITCH FX, you can benefit from a one-time SWIFT fee, competitive exchange rates, and a commission-free approach. Our dedicated team, committed to your satisfaction, places you at the forefront of the trading process, offering both direct dealing service and online trading capabilities. Handling all the necessary paperwork related to the trade and ensuring balanced payment reporting to the South African Reserve Bank (SARB), our administrative team ensures a hassle-free experience for our clients.
Moreover, we provide expert and personalised guidance on applications with the SARB, demonstrating our commitment to delivering comprehensive and reliable support for your corporate FX needs.
In summary:
- No commission, bank-related SWIFT fee, and extremely competitive exchange rates due to our bulk buying power.
- Value Today, Value Tomorrow and Spot Trades, Forward Exchange Contract (FEC), Forex Risk Management entailing hedging solutions and products suitable to your required needs.
- Assistance with new applications and renewal of applications via the South African Reserve Bank.
Our team takes care of the full administration function related to your trade to ensure your payment is finalised.
TAX MIGRATION
We simplify the formalisation of non-resident tax status for South Africans residing abroad, catering to both tax and Exchange Control requirements. Teaming up with an international tax specialist, ISwitch FX stands ready to streamline your SARS tax migration process. This comprehensive service entails:
Facilitating the SARS change of residency application and securing your SARS non-resident letter.
Managing the application for Approval of International Transfers related to emigration.
Establishing a non-resident account to facilitate the smooth flow of funds abroad.
Why pay more for emigration? Beyond guiding you through the tax migration procedure, we leverage our bulk buying power to secure the best exchange rates.
Our commitment to transparency ensures clear fees for your emigration application to avoid any hidden costs.
ARBITRAGE - CRYPTO ASSET ARBITRAGE TRADING
In Crypto Arbitrage Trading, your investment is not directly in the cryptocurrency itself, but rather in the margin between different markets.
Consequently, cryptocurrency ownership is not part of this investment.
- Each trading cycle spans a total of 24 hours.
- This investment opportunity is open to any South African tax resident aged 18 and above.
- ISwitch FX is ready to assist you by offering the most favourable foreign exchange rates. Simultaneously, we ensure that your funds reflect abroad on the day they are booked, maximizing your potential for higher arbitrage returns.
OVERSEAS EMPLOYMENT
EARNING INCOME WHILE WORKING ABROAD? Are you facing challenges accessing your salary or dealing with currency conversions while residing in South Africa and working abroad? Are excessive bank fees eating into your transactions?
ISwitch FX has established compliant systems to offer transparent and competitive fee structures, along with assistance in managing your taxes and more.
Experience a comprehensive service for tax and currency management, allowing you to concentrate on utilising your skills to earn money while our friendly and efficient team handles administrative tasks. Let ISwitch FX take care of the intricacies involved in earning a foreign salary.
Working and earning money from abroad can become a smoother process with ISwitch FX, covering:
Investec Cash Manager Account.
Currency Conversion.
SARB Compliance.
Taxation.
TRAVEL FOREIGN EXCHANGE
Cash: In collaboration with Inter Africa Bureau de Change, we introduce and make available a Travel Foreign Exchange product, facilitated by iSwitch FX, this is extending a valuable offering to all ISwitch FX clients’ needs concerning cash foreign exchange.
Planning an international trip? Whether you require cash or a passport card for your travels abroad, we offer secure delivery to your doorstep. Alternatively, you can choose to collect your cash or passport card at any Inter Africa branch located at the airport.
Cash Passport Card: For those who prefer to go cashless, we can arrange a convenient cash passport card for you.
Traveling across the border by car? If you’re traveling by car across borders and need cash support, we’ve got you covered.
Returning from your trip? If you need to convert or sell back your remaining cash, we’re here to assist. Simply provide copies of your exit and entry stamps (found in your passport).
Omnibus Facility? We can apply for an omnibus facility on behalf of corporates to prevent company travel by individuals from being recorded against their annual single discretionary allowance.
To begin, gather copies of your ID, passport, and proof of address (not older than 3 months).