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General Discussion
Foreign payments, what is the best system?
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<blockquote data-quote="simonr" data-source="post: 1157337" data-attributes="member: 15131"><p>It sounds like you will be below the threshold, but also note that for international advance payments of more than R50k, you are supposed to apply for an APN before hand (<a href="https://www.sars.gov.za/customs-and-excise/advance-import-payments/" target="_blank">Advance Import Payments | South African Revenue Service</a>).</p><p></p><p>As mentioned earlier it will depend on your specific bank, but some of them are starting to tighten the screws on this and will refuse to process these payments without an APN.</p></blockquote><p></p>
[QUOTE="simonr, post: 1157337, member: 15131"] It sounds like you will be below the threshold, but also note that for international advance payments of more than R50k, you are supposed to apply for an APN before hand ([URL="https://www.sars.gov.za/customs-and-excise/advance-import-payments/"]Advance Import Payments | South African Revenue Service[/URL]). As mentioned earlier it will depend on your specific bank, but some of them are starting to tighten the screws on this and will refuse to process these payments without an APN. [/QUOTE]
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General Discussion
Foreign payments, what is the best system?
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