When moving funds abroad for offshore investments, emigration, imports/exports, or anything in between, expert assistance is essential but often not readily available through the local banks. While traditional South African banks do offer foreign exchange services, few provide comprehensive assistance and transparent pricing. Clients looking to send money overseas typically have to spend hours in queues, fill out tons of paperwork or contact the bank’s call centre, only to be put on hold or speak to a representative who is not an expert in the space. Additionally, banks don’t disclose the true cost that a client pays for their currency conversions. The heftier bank fees are simply hidden as an unfavourable exchange rate, and the client ends up paying far more than they realise for each transaction. As a result, SMEs and individuals who want to transfer funds internationally often feel overcharged and underserved by the banks.
Introducing Future Forex
Future Forex is a leading international money transfer partner that caters to the needs of South African businesses and individuals who are looking to send or receive international payments. Unlike traditional banks, Future Forex offers a complete solution that handles all aspects of international money transfers with expertise, efficiency and transparency. With increased service levels, clients usually expect costs to increase. However, Future Forex offers a significantly improved service at a reduced cost because of the exorbitant margins often charged by banks. Through leveraging cutting-edge tech and personalised service, Future Forex ensures that individuals and SMEs save time and money with every cross-border transfer.
- Tailored International Money Transfers with Future Forex
Future Forex’s comprehensive foreign exchange service includes assistance with opening foreign currency accounts, obtaining SARS and SARB clearances and ensuring efficient cross-border payments. Clients benefit from competitive currency conversion rates, personalized service, streamlined processes and complimentary compliance assistance. Each client is assigned a dedicated, readily available Account Manager who provides white-glove guidance throughout the entire process and who fully understands the client’s business and/or individual needs. With Future Forex’s cutting-edge Online Forex Platform, clients can also seamlessly manage their own account if they prefer to do so. With a sleek and user-friendly interface, the platform allows clients to easily access live rates, book transactions, add/withdraw funds, manage recipients and more!
- Crypto Arbitrage Through Future Forex
In addition to its international money transfer service, Future Forex is also a licensed CASP (Crypto Asset Service Provider), offering a distinct market-leading investment product known as Crypto Arbitrage. This product is tailored to investors who are looking to capitalise on the crypto market without the typical risks associated with direct investments in crypto. Instead, arbitrage involves buying a crypto asset abroad and instantly selling it at a profit on South African exchanges. Due to South Africa’s exchange controls, the Arbitrage process is possible because Crypto assets typically trade at a 1-3% premium in South Africa.
This low-risk, high-yield investment opportunity is fully managed by Future Forex on behalf of its clients, delivering exceptional returns that far outperform traditional investments.
What Future Forex Offers Its Forex Clients
Future Forex is committed to providing an exceptional forex service through personalized support, process automation, competitive pricing, and full transparency:
- Best Rates: Future Forex leverages its market-leading track record, proprietary software, and strategic partnerships to offer the best currency conversion rates in the market. Its advanced technology and industry connections ensure clients get the most favourable exchange rates available.
- Personalised Service: A dedicated team of expert account managers and forex specialists are always available to assist clients. Whether you need help with fund transfers or advice on the best forex strategies, Future Forex provides a high level of personalised support to ensure client needs are met efficiently.
- Streamlined Process: Future Forex has perfected its money transfer processes to be as hands-off and effortless as possible. This streamlined approach means that clients can enjoy a hassle-free experience with minimal effort on their part, making the entire process of transferring funds smooth and efficient.
- Compliance Assistance: Future Forex’s in-house compliance team will facilitate any required paperwork as a complimentary service so that its clients don’t have to.
- Simplified Setup: Thanks to their hassle-free onboarding process, getting started with Future Forex is quick and easy. Their team also facilitates clients’ AIT (Approval of International Transfers) applications from SARS on their behalf and at no extra cost.
- Instant Conversion: Future Forex’s specialist can instantly lock-in the best market rate available when converting funds between currencies.
To experience the comprehensive international money transfer services provided by Future Forex, visit https://futureforex.co.za/
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