Residents are entitled to transfer R750 000.00 per individual older than 18 years, and R160 000.00 for under 18's per applicant during a calendar year to non-resident individuals and to resident individuals who are overseas temporarily, excluding those residents who are abroad on holiday or business travel.

The funds will be transferred into the account overseas, to the recipient of the gift.  TreasuryOne, in cooperation with Investec Bank Limited, allows individual clients to buy their foreign currency for gift transfers at very competitive exchange rates.

Please follow the following steps to make use of this unique facility:

Step 1
Fax or e-mail us the following documents:

• BoP (Balance of Payment) form completed with your relevant personal information. Form can be obtained from us via e-mail (brannigan@treasuryone.co.za).

• Copy of Bill of Utility (water and electricity account).

• Copy of your South African ID.

• Copy of receiver's passport.

• SDA Declaration form completed.

•  Account details of recipient.

• Proof of deposit to the TreasuryOne (Pty) Ltd Investec account, via EFT only:

Bank:  Investec Bank Limited
Branch:  580 105
Account:  4000 326 9218
Deposit Reference:  (Your initials and surname)

Step 2
On receipt of your documents we can fix your rate of exchange on the transaction for you.

Step 3
The currency gets paid to your specified account and we will send the client a swift confirmation of the payment. 

Please feel free to call us at any time on 086 111 4088 and ask for one of your PRIVATE INDIVIDUAL consultants if you need any assistance or if you have any further questions.

PDF:  Download the complete PDF information pack here