South Africa's Exchange Control Practices: A Barclays National Bank Business Guide |
From inside the book
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Page 10
... South Africa are required to submit a declaration to Exchange Control ... South Africa . Nothing untoward should be read into this requirement and Exchange ... transferred to South Africa ) to the monetary area from which such funds ...
... South Africa are required to submit a declaration to Exchange Control ... South Africa . Nothing untoward should be read into this requirement and Exchange ... transferred to South Africa ) to the monetary area from which such funds ...
Page 20
... South Africa within three years from the date I / we arrived in South Africa , I / we shall be permitted , on application to the South African Reserve Bank , to re- transfer to the monetary area from which they emanated all cash funds ...
... South Africa within three years from the date I / we arrived in South Africa , I / we shall be permitted , on application to the South African Reserve Bank , to re- transfer to the monetary area from which they emanated all cash funds ...
Page 22
... transferred to South Africa by normal banking channels , together with all other current income received on my foreign assets . ( ii ) I anticipate that excess of income over expenditure will be approximately in respect of the rental ...
... transferred to South Africa by normal banking channels , together with all other current income received on my foreign assets . ( ii ) I anticipate that excess of income over expenditure will be approximately in respect of the rental ...
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