South Africa's Exchange Control Practices: A Barclays National Bank Business Guide |
From inside the book
Results 1-3 of 15
Page 1
... South Africa . Where a non - resident extends a loan to a South African resident , there is , how- ever , an obligation on the South African resident to obtain Exchange Control approval before concluding the loan . The main purpose of ...
... South Africa . Where a non - resident extends a loan to a South African resident , there is , how- ever , an obligation on the South African resident to obtain Exchange Control approval before concluding the loan . The main purpose of ...
Page 2
... South Africa , or of its potential to earn additional foreign exchange for the country . In the present system , approval would normally not be granted to South Afri- can resident companies or organisations or South African private ...
... South Africa , or of its potential to earn additional foreign exchange for the country . In the present system , approval would normally not be granted to South Afri- can resident companies or organisations or South African private ...
Page 10
... South African resident in circumventing the local Exchange Control Rulings and thus obtain funds . outside South Africa by entering into " swop " ar- rangements . In terms of Exchange Control Rulings , author- ised dealers in exchange ...
... South African resident in circumventing the local Exchange Control Rulings and thus obtain funds . outside South Africa by entering into " swop " ar- rangements . In terms of Exchange Control Rulings , author- ised dealers in exchange ...
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