The new collaboration provides South African residents with greater access to world currencies, while South African expats receive expert advice on moving money in and out of South Africa .
United Kingdom-registered Premier FX has partnered with South Africa-based Currency Assist. The cooperation brings together two boutique currency exchange companies, from across the globe, with similar company cultures, yet unique solutions for the markets they service. The partnership is especially advantageous for South African citizens with foreign monetary interests.
“Currency Assist is an obvious fit for us,” explains Premier FX Founder and Chief Executive Peter Rexstrew. “We work with a considerable number of South African clients. Our partners at Currency Assist understand the complexities associated with transfers from and to South Africa. So, it makes perfect sense for us to align ourselves with this respected company.”
Paul Kruger, Managing Director for Currency Assist adds, “We are happy to be in business with Premier FX. No doubt, we can provide their clients with local knowledge and advice required to transfer money. As well, hundreds of South Africans living abroad have experienced ‘blocked accounts’ at home. We can help them untangle the web of red tape to gain access to these ‘trapped funds’.”
“Conversely, we can lend a hand to expats taking advantage of the Special Voluntary Disclosure Programme,” continues Kruger, speaking about South Africa’s short-term program, running from 1 October to 31 March 2017, in which South Africans are urged to repatriate funds held abroad.“
In addition to providing increased service to clients of both companies, Premier FX and Currency Assist will work together on marketing and business development strategies.
South African expats or those doing business in the country should contact Premier FX in the Algarve at 289 358 511 or firstname.lastname@example.org to learn more.
About Premier FX
Founded in 2006, Premier FX is a boutique currency exchange company, providing money transfer services for private and corporate clients. Premier FX offers personalized, professional currency solutions from offices in the Algarve, Portugal, Palma de Mallorca, Spain, and London, England. Premier FX is authorised and regulated by the UK Financial Conduct Authority, under firm reference number 530712.
About Currency Assist
Based in South Africa, Currency Assist SA (Pty) Ltd is a leading non-bank provider of foreign exchange products and services. Working closely with major South African banks, Currency Assist clients receive the best exchange rates, proactive support and access to easy-to-use tools that save time and money. Currency Assist is registered in South Africa and authorised with the Financial Services Board under FSP license number 46057 to render intermediary services in respect of foreign exchange products. It is also authorised by the South African Reserve Bank and is a Foreign Exchange Broker (as per Section 5(C) of the Exchange Control Rulings).