We have been trading the standard arbitrage for our clients since 2017. This is our longest standing arbitrage service, which involves the practice of simultaneously buying and selling a digital asset to profit from a difference in price.

We will utilize your annual Single Discretionary Allowance and Foreign Investment Allowance (FIA) for this product.

What is your single discretionary allowance and your Foreign Investment allowance?

Single Discretionary Allowance (SDA):

This is an amount of R1 million. A South African resident can make use of their annual SDA, to transfer and take funds abroad, without the prior approval of the South African Reserve Bank (SARB) and without first having to obtain a tax clearance certificate.

Foreign Investment Allowance (FIA):

In terms of the FIA, South African resident individuals can transfer up to R10 million abroad during a calendar year, over and above the R1 million that can be transferred by making use of their single discretionary allowance.