A crucial aspect of any corporate expansion into the South African market is securing the appropriate bank account, thus enabling optimal local and cross-border transactions. By utilizing our experienced banking and foreign exchange specialists, we may assist your business to make the right decisions when it comes to selecting your preferred banking service provider.
Our team has partnered with Investec Bank Limited and Access Bank Limited to offer personalized services to non-resident individuals and companies expanding their businesses your business, which include:
Our expert team will personally assist you and your business to swiftly open a dedicated corporate bank account within 48 hours, enabling the receipt and transfer of South African Rand (ZAR) and potentially other currencies as well.
As your dedicated intermediary, our team will take care of all your local and international transfer needs, ensuring compliance with both the South African Revenue Service (SARS) and the South African Reserve Bank (SARB) regulations and approval requirements. Given the technical nuances involved with non-resident banking, relying on expert support is critical to avoid costly and time-consuming mistakes which could result in payment reversal or account freezing.
Our team’s expertise allows us to actively negotiate favorable and preferential rates when converting funds between foreign currency and ZAR.
Enjoy peace of mind knowing your business’ funds are protected in a secure ring-fenced bank account.
Our dedicated team’s process to open a suitable bank account entails a comprehensive document and information request regarding your business, its structure, and the details of key stakeholders such as directors and shareholders.