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:

• Very competitive exchange rates
• A low single bank transaction fee
• Direct access to a dealing room
• Free use of our web-based FX system
• No need to change your bank account

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.

Our platform has specifically been designed for Importers & Exporters. Some of the features are:

• FX Risk Management Tool
  • Dynamic costing of all invoices
  • Tracking of all Positions & Exposures in real time
  • Dashboard reflecting % Hedge
  • Manage CFC Balances & Set-off
• SPOT/FEC Online Trading
• Automated BOP (Balance of Payment) forms
• Full history of all Trades & Payments
• Strategic Business Reports

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.

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.

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.

We can assist with all your formalities regarding emigration including FX conversions, payments abroad and tax clearance certificates, at very competitive exchange rates.

We can assist with all your formalities regarding inheritances both into South Africa or out of South Africa, at very competitive exchange rates.