South Africa's Exchange Control Practices: A Barclays National Bank Business Guide |
From inside the book
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Page 8
... facilities may do so without seeking Exchange Control sanction for each deal . The leasing of office equipment and computers of a non - productive nature is excluded from an " affected person's " local borrowings , while the leasing of ...
... facilities may do so without seeking Exchange Control sanction for each deal . The leasing of office equipment and computers of a non - productive nature is excluded from an " affected person's " local borrowings , while the leasing of ...
Page 9
... facilities abroad for cus- tomers through third parties on the same basis without prior reference to Exchange Control . Such facilities may be additional to any credit terms allowed by the supplier . Forward exchange cover Local bankers ...
... facilities abroad for cus- tomers through third parties on the same basis without prior reference to Exchange Control . Such facilities may be additional to any credit terms allowed by the supplier . Forward exchange cover Local bankers ...
Page 11
... facilities . If their date of emigration from South Africa falls within six years of their date of first arrival in South Africa , they will be permitted to repatriate all cash funds transferred to South Africa in instances where such ...
... facilities . If their date of emigration from South Africa falls within six years of their date of first arrival in South Africa , they will be permitted to repatriate all cash funds transferred to South Africa in instances where such ...
Common terms and phrases
25 per cent abroad African Reserve Bank amount application arrival in South authorised dealer BARCLAYS NATIONAL BANK blocked assets borrowings Botswana cash funds date of arrival Department of Trade dividends emigrant's emigration from South Exchange Control approval Exchange Control authorities Exchange Control purposes Exchange Control Regulations exemption export facilities finance foreign assets foreign investor foreign national temporarily HOOVER INSTITUTION I/We understand income International Investors Pty International Limited investment issued share capital JIM JONES Johannesburg Stock Exchange leasing liability licensed product loan funds long-term liability manufacturing ment my/our arrival national temporarily resident normal banking channels OVERDRAFT parent company percentage period permitted PRETORIA prior Exchange Control Republic resident in South respect settling-in allowance share capital shareholders South Africa South African companies South African Reserve South African resident South West Africa submitted subsidiary trade credit transferred to South United Kingdom voting securities