South Africa's Exchange Control Practices: A Barclays National Bank Business Guide |
From inside the book
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Page 12
... blocked and controlled by the bank which pro- vides the emigration facilities . This includes properties and other non - cash assets ... assets subse- quently sold , will be required to be placed to a blocked account . Such blocked funds may ...
... blocked and controlled by the bank which pro- vides the emigration facilities . This includes properties and other non - cash assets ... assets subse- quently sold , will be required to be placed to a blocked account . Such blocked funds may ...
Page 19
... assets , including foreign cash funds , without any interference from the South African Exchange Control , with the ... Blocked Assets ( e.g. Blocked Shares , or the sale proceeds thereof ) up to a total limited to R20.000 . Where such ...
... assets , including foreign cash funds , without any interference from the South African Exchange Control , with the ... Blocked Assets ( e.g. Blocked Shares , or the sale proceeds thereof ) up to a total limited to R20.000 . Where such ...
Page 20
... Blocked Assets , if any . At that date I / we undertake to arrange for the transfer to South Africa of all cash ... assets will be subject to the " Blocking " procedure , but will be eligible for export through the medium of ...
... Blocked Assets , if any . At that date I / we undertake to arrange for the transfer to South Africa of all cash ... assets will be subject to the " Blocking " procedure , but will be eligible for export through the medium of ...
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