Foreign currency conversion services to both corporate and individual clients
Foreign currency conversion services to both corporate and individual clients.
These services can include commercial business activities such as settling (payments) foreign invoices and convert foreign currency receipts,travel foreign exchange, foreign direct investment, individual Discretionary Allowance transfers and salary payments and receipts. .
The service provided will involve you asking us to perform a foreign currency transaction and transfer theproceeds of that transaction to your or a nominated bank account.
We do not offer investment or speculative foreign currency services.
We will, at all times, act as your agent and will never trade foreign currency as principal on your behalf. .
The security of our client’s funds is our primary concern. We do not have access to our client’s funds at any time and client funds do not pass through any of our accounts.
Client funds never leave the banking system they are either in theclients own account or in the bank’s own treasury accounts.
We will never trade for or on behalf of a client in our own name or via our own account. .
This is an FX Transaction where settlement will take place by the end of the Business Day on which the transaction was entered into.
This is an FX Transaction with a value date is one Business Day after the date on which the transaction was entered into.
This is an FX Transaction where the Value Date is two Business Days after the date on which the transaction was entered into.
This is an FX Transaction where the Value Date is more than two Business Days after the date on which the transaction was entered into.
Quinn Treasury facilitates the following type/s of FX Transaction
Quinn Treasury facilitates the following type/s of Import / Export Transaction
SA residents receiving offshore salary payments.
Miscellaneous and once off incoming transactions.
We facilitate the opening of offshore Bank Accounts. .
Corporate import payments or trade related transactions.
Dividend payments. .
Travel Allowances/Discretionary Allowance transfers/Study Allowances.
Exchange Control applications for out of the ordinary transactions not covered by existing Exchange Control Rulings.
Unit 102, Second Floor, Bosman’s Crossing Square, Distillery Road,Stellenbosch, 7600T(+27) 21-887-5448