All your foreign trade payments will be done fast, efficiently and seamlessly through our partner bank and unique online payment and trading platform. All payments and SWIFT messages will be facilitated through a new settlement account to be opened with our partner bank.
The main benefits of using us are:
We will endeavour to establish a SPOT/FEC trading facility with our partner bank, without the placement of any margin, with our partner bank.
We do all the work, you stay at the office and you focus on your business.Contact Us Now
Our platform has specifically been designed for Importers & Exporters. Some of the features are:
Our BeztForex online platform provides a very cost effective alternative for African banks to invest in a proven foreign exchange system without engaging in expensive & time-consuming projects on rapidly changing & crucial IT platforms. This is a unique South African developed import/export software platform that African Banks can make available to their clients and that will help them to grow market share.
It is a client-centric, Dealing, Payment, Administration and Risk management, all in one and is fully white label enabled, requires zero capital outlay and requires no interfaces. It is ready to roll out, in less than 72 hours and there are no lengthy software developments.Contact Us Now
One of the biggest challenges facing Importers and Exporters involved in cross border currency payments, is how best to manage and mitigate the impact of volatile currency markets on their business operations, cost competitiveness and profitability.
Without a proper foreign exchange management policy, and a proper risk management tool, companies are not able to control the potential adverse effects of currency movements, which can lead to increased cost and reduced market share and profits.
We will provide you with the only available tool of its kind in South Africa to manage your foreign exchange risks, as well as assisting you to establish a FX risk policy and framework that will suit your needs and risk appetite.
There are several different approaches and strategies available to reduce risk posed by currency movements, which can be specifically customised around the company’s foreign exchange requirements.
Naturally the needs of companies will differ from company to company depending on various factors including turnover, mandates, costing model, etc.
We are also able to assists importers and exporters to manage and mitigate Forex exposures on an outsourced basis.Contact Us Now
We can assist in the facilitation of all your foreign investments from South Africa in terms of the laid down limits for SA Residents and tax payers regarding investments abroad, at very competitive exchange rates.Contact Us Now
We can assist with all your formalities regarding emigration including FX conversions, payments abroad and tax clearance certificates, at very competitive exchange rates.Contact Us Now
We can assist with all your formalities regarding inheritances both into South Africa or out of South Africa, at very competitive exchange rates.Contact Us Now
We are able to provide advice and facilitate any requirement for South African companies insofar as the rules and regulations as laid down by the South African Reserve Bank, regarding funds flowing in and out of South Africa is concerned.
As a company involved in foreign trade you will face many financial and logistical challenges in both the funding and landing of your goods in South Africa.
Selling goods on credit terms, for 30, 60 or 90 days, is a universally accepted business practice. However, it can exert extreme pressure on an entrepreneur’s cash flow. Our banking partner’s Debtor Finance offering allows you to access the cash tied up in your debtors’ book, because we provide a cash advance of up to 80% of its value.
Equipment Finance provides funding for the purchase of a variety of equipment via instalment sales, lease facilities or rental finance. Through our partner bank and their associations we can provide equipment rental finance contracts that will add to your company’s BEE score.
We can facilitate, at very competitive rates, a full-service clearing, forwarding and logistics service throughout South Africa and the globe, including access to state of the art warehousing facilities.
We assist manufacturing businesses that are starting up or expanding, to access lucrative government grants from the Department of Trade and Industry. Sasfin is regarded as one of the leaders in this field and our offering and fees are purely based on success and performance.
Our in-house customs experts can assist in advising on legislation, tariffing and rebate administration. Our partners also provide services to the automotive industry by accessing the benefits offered through the Automotive Production and Development Programme (APDP).
We assist clients to recover import duty under various customs duty drawback provisions. Target clients are automotive and general exporters.
We can tailor made a training program the meet the needs of your company covering the all the aspects of Global Trade and Investments.
By combining finance and EE expertise from within the bank with the incentives offered by Government for EE and Renewable Energy solutions, we can provide clients with a highly effective start-to-finish solution to their energy costs.
We can facilitate through our partner bank independent specialist broking that will cater for the short-term insurance need of individuals and corporate entities of all sizes, at very competitive rates.