Transferring money from Germany to SA

Saltex

Expert Member
Joined
Feb 27, 2011
Messages
1,196
So I am moving to Germany next month, does anyone know if it will be possible for me to transfer money from there to my current bank account in SA? Because while I am there I will still need to pay a bit of debt off back here in SA?
 

MKFrost

Expert Member
Joined
Oct 23, 2012
Messages
3,837
Just make sure you have the correct swift code for you bank.

Also, let your bank know that you will be sending funds while there as well what the source of the funds will be. The reason for this is because they need to record the source of the funds (for the reserve bank) when its received on this side. They usually phone a person to ask what the source of the funds are (i.e. income, dividends) but as you will not be here it might result in them not being able to book the funds against your account and then end up declining the transfer i.e. send it back.
 
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