MBABANE:Harry Scherzer, the Future Forex Chief Executive Officer(CEO) says South Africans must be able to move money internationally at affordable rates, MoneyWeb reported on Friday morning.
It has been reported that, for decades, South Africans have relied on the major banks to move money internationally-often losing 2-3% of every transaction to hidden costs.
“We saw the impact these hidden fees and opaque systems were having on everyday South Africans trying to move their money abroad, and that’s exactly why we entered this market,” said Future Forex CEO.
Multi-award-winning fintech Future Forex has redefined South Africa’s international money transfer industry, cutting fees by up to 30% for companies and 50% for individuals.
Future Forex Chief Executive Officer(CEO) Harry Scherzer says South Africans must be able to move money internationally at affordable transaction rates(pic:Internet).