Sasfin Bank Exchange Rates

Currency volatility is regarded as a major factor affecting the success of businesses the world over. With the ongoing currency fluctuations, the need for experienced forex and treasury management teams, including systems, has been recognised to ensure that businesses buy and sell currency at the optimum price.

We at Sasfin Forex assist corporate, business and private clients with a unique range of specialised services and solutions that reduce loss of revenue, competitiveness and market share. We ensure this at highly-competitive rates, settling currency and rand flows on time, and advising on any other foreign exchange complexities that clients encounter in the international trade and investment arenas.

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We exchange more than words

Product and service offerings

Buying and selling of foreign currency
Treasury and foreign currency risk management
Cash management and forecasting
Advance reporting and administration
Sasfin online trading platform
An in-principle forex trading line based on Audited Financial Statements
Customer Foreign Currency Accounts for resident enterprises
Foreign Currency Accounts for individual or non-resident entities
Direct dealing facilities and a dedicated portfolio manager
Information and guidance on exchange control matters
Applications submitted to the South African Reserve Bank for new initiatives or permission on matters not covered in the existing
Assistance with private forex investment transfers

Additional benefits

Direct Dealing: Execution of a client’s foreign exchange transactions on imports and/or exports via the dealing room or online.
Administration and Execution: Exchange rate monitoring and provision of market updates relevant to a client’s portfolio. Administrative, operational and reporting support is included on client portfolios.
Risk Management Solution: Assistance with treasury management, foreign currency risk management and interest rate risk management through developing a customised, suitable Risk Management Policy.
Online Trading Systems: Range from the ability to conveniently book personal or business forex cover, to a full treasury management system which includes cash management and cash forecasting.

Our decades of experience offers you

Highly-skilled forex and treasury management experts
Dedicated portfolio managers
Currency and rand flows that are settled on time
Highly-competitive rates
Daily market insights
A mobile Sasfin online trading platform
Immediate, up-to-date live quotes
Electronic documentation flows
Exposure and position tracking
Personalised client service
Reduced forex-associated risk
Flat fee for foreign transfers and receipts