If you’ve ever tried bringing funds into the country through one of SA’s traditional banks, you’ll know it’s rarely a straightforward process: endless delays, complex paperwork, and fees that often far outweigh the level of service you receive.
For decades, banks have controlled the foreign exchange market, profiting off every cent that crosses the border while individuals and SMEs quietly shoulder hidden fees of 2-3% on every inward payment.
“It’s difficult to see why moving money from abroad still involves so much hassle and avoidable expense,” says Harry Scherzer, CEO of Future Forex and a qualified actuary. “Technology has revolutionised virtually every corner of finance, yet cross-border payments have remained trapped in the past.”
Now, multi-award-winning fintech Future Forex is changing that with a pioneering solution designed to make receiving funds from abroad quicker, significantly more affordable, and far simpler than before.
By combining advanced financial technology with personalised, high-touch support, Future Forex ensures its clients’ offshore funds arrive in record time, all while cutting out the heavy paperwork and manual steps that have long slowed the process.
This innovative solution comes at a fraction of what traditional banks and many other fintechs are charging, delivering substantial savings for those who are:
- Receiving a salary from overseas;
- Bringing back investment profits or proceeds from selling foreign property;
- Purchasing property in South Africa as a foreign national;
- Managing an offshore inheritance; or
- Running a business and bringing foreign revenue back for their South African cost centre.
“We’re seeing a growing number of South African expats returning home, alongside increased interest from foreign buyers looking to invest in local property,” says Scherzer.
“Yet the banks’ unclear charges, complex forms, and unpredictable timelines often create last-minute panic when trying to secure a purchase, move investment funds, or act on time-sensitive opportunities. Our aim is to eliminate those obstacles entirely.”
What sets Future Forex apart in speed and cost?
“In a competitive market, constant innovation is essential – and that’s what we’ve focused on,” explains Scherzer.
“We carefully examined every step involved in bringing funds into the country, identified the main pain points, and built an enhanced system that combines smart technology with real human expertise to overcome them.”
Where traditional banks leave clients navigating endless call centres, completing repetitive forms, and struggling with unclear compliance requirements, Future Forex’s offering is fully digital, highly automated, and built to remove friction at every stage. Clients never have to submit the same information twice, and all unnecessary admin is handled seamlessly behind the scenes.
Every client also benefits from a dedicated account manager, a foreign exchange specialist with deep industry knowledge, who oversees the entire inward payment process – offering expert guidance, proactive updates, and full compliance support, all included at no extra cost.
“When clients contact us, they want someone who truly understands their situation and responds right away,” explains Scherzer.
“A single point of contact who knows you personally, and is just a phone call away, makes all the difference. That level of service is rare in this industry.”
The company’s philosophy is simple: clients should have expert support whenever they need it, with intuitive technology handling the rest behind the scenes.
Award-winning tech
For those who prefer to handle their transactions independently, Future Forex provides a user-friendly web and mobile app that streamlines every inward transfer. Clients can view live exchange rates, get real-time quotes, book transactions, and track their payments seamlessly – all from one simple, intuitive platform.
This powerful mix of innovative tech and personalised service has positioned Future Forex as a pioneer in SA’s foreign exchange landscape.
The company has earned multiple accolades, including ‘Company of the Year’ at the 2025 Africa Career Summit and ‘Outstanding Customer Service in Forex & Payments, South Africa’ at the World Business Outlook Awards, adding to a consistent string of recognitions in previous years.
Click here to get in touch with a Future Forex expert or request a quote for your transaction. You can also give them a call on 021 518 0558 or send them a message on WhatsApp.
Brought to you by Future Forex.
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