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| AFEX CORPORATE SERVICES | |
| AFEX Corporate Services (Foreign Exchange Corporate) | |
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| AFEX offers a comprehensive range of international payment and foreign exchange services, including foreign currency drafts, wire transfers, risk management tools and designated corporate account managers. AFEX can handle every aspect of a client’s foreign payment needs, from risk consultation to to transaction execution. Please fill out the enquity form so that a foreign exchange broker can get back to you and explain the money transfer process. | |
| Credit Rating: N/A | |
| Location: New Zealand,, Australia, USA, UK, Sweden, Switzerland, France, Malta, Singapore | |
| Languages: All local langauges | |
| Advantages: 1. Online spot and forward transactions
2. Multiple levels of security
3. Payment confirmations sent to beneficiary
4. Multi-user options with separate approval levels
5. Daily market updates
6. Access to detailed transaction history
7. Competitive Exchange Rates & low transfer fees!
8. Dedicated RG146 Accredited Foreign Exchange Specialist!
9. Rapid delivery of funds with NO INTERMEDIARY FEES!
10. 24 hour trading & cash management/ treasury facilities | |
| Disadvantages: 1. Certified ID required for Private Clients 2. Minimum of R64,000 on Exotic currencies 3. No Direct Debit Facility in South Africa | |
| Services: 1. Spot Transactions
2. Forward Contracts
3. Speculative Trading | |
| Established: 1979 ASIC 305246, ABN 85119392586 | |
| Spread/Margin: 0.1%-0.7% | |
| Costs/Fees: R65 under R65,000 | |
Rate Improved With Volume:  | |
| Transfer Methods: WIRE, BPAY, Cheque | |
| Transfer Speed: Same day | |
| Transfer Minimum: R31,500 | |
| Trading Opening Times: 24 hours Because of our global position we are available throughout all trading hours in each region which all of our clients have access too. | |
| Banking Facilities: We have various banking relationships across the globe, some spanning 30 years – all of our currency accounts are held in the local countries to assist with speed of transaction and transparency. | |
| Spot: Yes 10% deposit required | |
| Forwards: Yes, 10% deposit required. | |
| Financial Advisory Service: No | |
| Regular Payments: Yes | |
| Online Trading Platform: No | |
| Speculative Trading: Yes 1. RISK DISCLOSURE STATEMENT SIGNED 2. DEPOSIT OF 10% (PRE-FUNDED) AND MARGIN CALL OF 5% - THIS WILL BE ENFORCED FOR BOTH SPOT AND FORWARD CONTRACTS. 3. FULL DELIVERY EACH WAY – SOME EXCEPTIONS MAY BE ALLOWED BY CREDIT MANAGER 4. MINIMUM TRADE SIZE R32,000 5. THIS IS NOT TO BE “ADVERTISED” AS A PRODUCT AND EACH CLIENT WILL HAVE TO BE SPECIFICALLY APPROVED BY THE SALES DIRECTOR BEFORE THEY ARE ALLOWED TO TRADE. CREDIT WILL ADD A NOTE IN THE BUSINESS INFO PAGE THAT THE CLIENT’S TRADES ARE SPECULATIVE IN NATURE. | |
| Currency Converter: No | |
| Security Statement: See website for details | |
| Terms and Conditions: See website for details | |
| Number Of Currencies: 81 | |
| Currencies Available: 1. AED 2. ARS 3. AUD 4. BDT 5. BGN 6. BHD 7. BOB 8. BRL 9. BWP 10. CAD 11. CHF 12. CLP 13. CNY 14. COP 15. CRC 16. CZK 17. DJF 18. DKK 19. DOP 20. DZD 21. EEK 22. EGP 23. ETB 24. EUR 25. FJD 26. GBP 27. NOK 28. GHS 29. GNF 30. GTQ 31. HKD 32. HRK 33. HTG 34. HUF 35. IDR 36. ILS 37. INR 38. JOD 39. JPY 40. KES 41. KRW 42. KWD 43. LKR 44. LTL 45. LVL 46. MAD 47. MGA 48. MUR 49. MWK 50. MXN 51. MYR 52. MZN 53. NGN 54. NOK 55. OMR 56. PEN 57. PGK 58. PHP 59. PKR 60. PLN 61. PYG 62. QAR 63. RON 64. RUB 65. SAR 66. SEK 67. SGD 68. SKK 69. THB 70. TND 71. TRY 72. TWD 73. TZS 74. UAH 75. UGX 76. USD 78. XOF 79. XPF 80. ZAR 81. ZMK | |
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| REVIEWS |
| AFEX Corporate Services (Which Way To Pay ZA - 25/7/2013) AFEX Corporate Services is ranked 3 out of 5  |
News Charts
| Always dreaming of that brand New car , Vehicle loans can help you achieve just that . 31 August 2018 Which Way To Pay Vehicle Loans are there to help you to be able to purchase that new car Read More >> |
| The south African Rand has been hit drastically with the recent Plunge of the Turkish Lira. 31 August 2018 Which Way To Pay Our Homeland Currency South African Rand has taken a drastic hit with the Lira on the drop. Read More >> |
| Everyone wants that special vehicle , but cant always afford it straight away 18 April 2017 Which Way To Pay We all know its nice do drive a new car , but not everyone has the cash available , Vehicle loans are the answer Read More >> |
