SARS code to transfer money to myself

roadcat

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I live in the US, but still have a Nedbank account in SA. In the past, I used personal banker to transfer myself money (only done it once before). The personal bankers seem to have disappeared, all their emails bounce :(

I can use the Nedbank Money App, but it asks for a SARS code, no option for transferring to myself, except it seems this might work?
511-04: Investment by a resident individual not related to the investment allowance - Deposits with a foreign bank.

All the available options:

IMG_2656.PNG
 
I live in the US, but still have a Nedbank account in SA. In the past, I used personal banker to transfer myself money (only done it once before). The personal bankers seem to have disappeared, all their emails bounce :(

I can use the Nedbank Money App, but it asks for a SARS code, no option for transferring to myself, except it seems this might work?
511-04: Investment by a resident individual not related to the investment allowance - Deposits with a foreign bank.

All the available options:

View attachment 1261138
With Standard Bank private bankers there is a general email address not link to specific banker, does Nedbank not have something similar?
 
To add this is how I find out who my current banker is because they change the bankers without informing their customers that your banker has changed.
 
Give me a moment I'll check for you. Have it somewhere

Edit ( Found it ) Think its 255 - Foreign currency purchased by residents – Business travel or

Possibly BoP Code 512 and Sub Code 04 if you're sending to your own bank account. It's deemed to be a foreign capital transfer.


Non Ref Link : https://wise.com
 
Last edited:
Give me a moment I'll check for you. Have it somewhere

Edit ( Found it ) Think its 255 - Foreign currency purchased by residents – Business travel or

Possibly BoP Code 512 and Sub Code 04 if you're sending to your own bank account. It's deemed to be a foreign capital transfer.
Thanks, that's my issue in that none of those codes are an option. Have asked Nedbank which other one to use.
 
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