• FX Solutions for Importers, Exporters & Investors

About Us

BeztForex (Pty) Ltd is a Foreign Exchange, Global Trade and Banking intermediary company.

We provide a wide spectrum of Foreign Exchange and Banking Solutions to Importers and Exporters in South Africa as well as to banks on the African Continent.

Our small team of highly skilled and experienced representatives will assist you with all your cross border and banking requirements.

The purpose of our existence is to help businesses involved in global business to become more competitive.

Our target market

  • All companies in South Africa involved in manufacturing, Imports and Exports
  • Private individuals (emigrating or investing abroad)
  • Small/Medium sized African Banks

Products & Services

Cross Border Payments

Cross Border Payments

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.

Contact Us Now

Foreign Exchange Conversions

Foreign Exchange Conversions

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.

Contact Us Now

FX Trading Platform

FX Trading Platform

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.

Contact Us Now

FX Risk Management

FX Risk Management

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

Foreign Investment Allowance

Foreign Investment Allowance

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

Emigration Formalities and Payments

Emigration Formalities and Payments

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

Inheritance Payments

Inheritance Payments

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

Other Financial Services

Other Financial Services

Financial Surveillance (Exchange Control)

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.

Import/Export Trade Finance

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.

Debtor Finance

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.

Specialised Equipment and Rental Finance

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.

Freight and forwarding

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.

DTI Manufacturing Incentive

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.

Custom rebates for importers and exporters

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).

Import Duties Recoveries

We assist clients to recover import duty under various customs duty drawback provisions. Target clients are automotive and general exporters.

Global Trade and Foreign Exchange training

We can tailor made a training program the meet the needs of your company covering the all the aspects of Global Trade and Investments.

Energy Efficiency Incentives

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.

Short Term Insurance

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.

Meet The Team

  • Herman Bezuidenhout
  • Rudi Bezuidenhout
  • Lance Sayce
  • Jaco Botha
  • Eddie Rall
  • Danica Bezuidenhout
  • Zhelda Delport
  • Herman Bezuidenhout

    Herman Bezuidenhout

    • Founder and CEO of BeztForex.
    • Registered foreign exchange financial representative and key individual with the Financial Services Board
    • 39 years' experience as an international banker within leading South African financial institutions and as an entrepreneur, encompassing marketing, sales, operations and general management, at senior management and executive levels.
    • Held the following executive position with leading financial institutions in South Africa:
      • Head Treasury Outsourcing
      • CEO International Banking
      • COO Africa
      • Global Trade Head
      • Head - Correspondent Banking
      • Head - Specialised Trade Finance
      • National Sales Head International Banking
    • Managing a portfolio of corporate clients, introducing treasury products, and providing advice on Exchange control matters, risk management, trade finance, commodity trading and finance, foreign exchange and money markets
  • Rudi Bezuidenhout

    Rudi Bezuidenhout

    • Managing Director
    • Registered foreign exchange financial representative and key individual with the Financial Services Board
    • 5 years' experience as an international trade and foreign exchange specialist at operational and senior management levels
    • Managing a portfolio of corporate clients, introducing treasury products, and providing advice on Exchange control matters, risk management, trade finance, commodity trading and finance, foreign exchange and money markets
  • Lance Sayce

    Lance Sayce

    • BeztForex franchise holder.
    • Registered foreign exchange financial representative with the Financial Services Board
    • 2 years’ experience as an international trade and foreign exchange specialist
    • 29 years general banking experience.
    • Managing a portfolio of corporate clients, introducing treasury products, and providing advice on Exchange control matters, risk management, trade finance, commodity trading and finance, foreign exchange and money markets
  • Jaco Botha

    Jaco Botha

    • Registered foreign exchange financial representative with the Financial Services Board
    • 5 years’ experience as an international trade and foreign exchange specialist
    • Managing a portfolio of corporate clients, introducing treasury products, and providing advice on Exchange control matters, risk management, trade finance, commodity trading and finance, foreign exchange and money markets
  • Eddie Rall

    Eddie Rall

    • BeztForex franchise holder.
    • Registered foreign exchange financial representative and key individual with the Financial Services Board
    • 35 Years banking and treasury experience in South Africa, Luxembourg, New York, and Botswana, specializing in foreign exchange products, derivatives, as well as money and capital markets
    • 10 years corporate experience in an international (London listed) mining conglomerate, managing large foreign exchange and foreign investment flows
    • Managing a portfolio of large corporate clients, introducing treasury products, and providing advice on Exchange control matters, risk management, trade finance, commodity trading and finance, foreign exchange and money markets
    • Systems evaluation and implementation, centralization of treasuries, statutory reporting, board reporting, policy documents, redesign of admin processes, restructure of treasury departments for both corporates and Banks
  • Danica Bezuidenhout

    Danica Bezuidenhout

    • International trade and foreign exchange specialist
    • Registered foreign exchange financial representative with the Financial Services Board
    • 3 years’ experience as an International Trade & Foreign Exchange specialist
    • Managing a portfolio of corporate clients, introducing treasury products, and providing advice on Exchange control matters, risk management, trade finance, commodity trading and finance, foreign exchange and money markets
  • Zhelda Delport

    Zhelda Delport

    • 32 years’ experience in general banking, administration and operations.
    • Managing all the administration, compliance and governance functions of the company

Our Accreditations

  • BeztForex (Pty) Ltd is a company registered in South Africa - 2012/012722/07
  • We are authorised by the Financial Services Board to be an Authorized Financial Services Provider – FSP 44383
  • We are an accredited Sasfin Foreign Exchange Intermediary
  • We are accredited Sasfin Business Introducers
  • We are authorised by the South African Reserve Bank to be a Foreign Exchange Intermediary Company
  • All our specialists are registered Financial Representatives with the FSB www.fsb.co.za