The ZAR Exchange Rate Thread

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I tried to buy USD (through FNB) the other day, and it got blocked. No reason given, and I'm below the R1M discretionary allowance for the year. Anyone else had success buying forex in the past few weeks?
I bought about 4 weeks ago ... thru FNB, and transferred from Global to US account.
It took about 3 weeks for the transaction and cost a fortune.

Apparently, the bank was querying the term Ezee, being the name of the account. And the lady I spoke to was definitely related to Zuma. Arrogant and dumb.

Right now, ANY transaction with SA is like pulling teeth.
 
I bought about 4 weeks ago ... thru FNB, and transferred from Global to US account.
It took about 3 weeks for the transaction and cost a fortune.

Apparently, the bank was querying the term Ezee, being the name of the account. And the lady I spoke to was definitely related to Zuma. Arrogant and dumb.

Right now, ANY transaction with SA is like pulling teeth.

Oh boy. I was hoping funds that had cleared exchange control already would be a easier to move, because I'm moving my entire global USD account as far away from SA as possible.
 
Oh boy. I was hoping funds that had cleared exchange control already would be a easier to move, because I'm moving my entire global USD account as far away from SA as possible.
I hear you ..... I have cash tied up in SA, cash tied up in the global and cash in a US account .....
The exchange rate up and kicked me in the teeth :(
 
I hear you ..... I have cash tied up in SA, cash tied up in the global and cash in a US account .....
The exchange rate up and kicked me in the teeth :(
A friend of mine went to NZ just before the lockdown. Was still like process of getting things sorted out this side, he's lost a ton as well.
 
A friend of mine went to NZ just before the lockdown. Was still like process of getting things sorted out this side, he's lost a ton as well.
Yeah, I can well imagine ... but spose look at it like this, last month, I was earning R22000 a week, now I am earning R30 000 week .... got a raise due to weak Rand
Unfortunately, I am earning $ and spending $, but if I was to convert back to ZAR ..... and thats not going happen :)
 
Yeah, I can well imagine ... but spose look at it like this, last month, I was earning R22000 a week, now I am earning R30 000 week .... got a raise due to weak Rand
Unfortunately, I am earning $ and spending $, but if I was to convert back to ZAR ..... and thats not going happen :)

I worked in UK for +-11 years,..and sent fair deal of money back over the years...at rates between 14 and 18.
Not too bad I guess.

Only reason I'm alive today in reality.
 
I worked in UK for +-11 years,..and sent fair deal of money back over the years...at rates between 14 and 18.
Not too bad I guess.

Only reason I'm alive today in reality.
I am hoping the rate works my way at some time to send cash back - no doubt I will need to come home sometime - lets hold thumbs.
 
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