Gauteng

73 topics in this forum

  1. Is there a 2018 Coffee Club for Jhb & Surrounds?

    By iguessee,
    • 3 replies
    • 982 views

  2. Start Up Coffee Club: Midrand/Centurion, Gauteng

    By Yellow Lady,   
    • 34 replies
    • 2,322 views

  3. Meeting People in the Same Boat

    By Cornel,
    • 28 replies
    • 2,215 views

  4. Coffee in Centurion

    By RikusF,
    • 2 replies
    • 752 views

  5. Coffee club gauteng

    By JeniD,   
    • 19 replies
    • 1,087 views

  6. Coffee club

    By W-T,   
    • 47 replies
    • 1,765 views

  7. Pretoria coffee club

    By AAA,
    • 36 replies
    • 2,762 views

  8. Get together in Vaal Triangle

    By Lanieb,
    • 1 reply
    • 703 views

  9. Planned get together - 17 August 2014

    By M-N,   
    • 16 replies
    • 1,280 views

  10. Planned Gauteng get together - 30 March 2014

    By M-N,   
    • 16 replies
    • 3,659 views

  11. 22/23 February 2014 Coffee club meeting

    By Nanna,
    • 22 replies
    • 1,421 views

  12. May or June 2013??

    By picketfay,   
    • 6 replies
    • 1,358 views

  13. Gauteng Coffee Club, Breakfast with Ingrid, Mar 30th

    By PJ&Mariska,
    • 25 replies
    • 1,687 views

  14. Gauteng Coffee Club - Dop & Tjop Sat 16 February 2013 - 18:00

    By Charl&Wouter,
    • 23 replies
    • 1,732 views

  15. Gauteng Coffee Club Meeting 15 January 2013

    By Charl&Wouter,
    • 25 replies
    • 2,493 views

  16. Gautengaleng Coffee Club

    By Tifa,
    • 18 replies
    • 1,766 views

  17. Are there still gauteng meetings?

    By Paikin,
    • 3 replies
    • 1,345 views

  18. Gauteng Coffee Club Meeting - 23rd March

    By johankok,
    • 2 replies
    • 1,215 views

  19. Gauteng Coffee Club meeting May?

    By johankok,
    • 6 replies
    • 1,608 views

  20. Gauteng Coffee Club Meeting April

    By Rooiprop,
    • 0 replies
    • 1,300 views

  21. Midrand: Gauteng Coffee Club, 12 February 2011

    By Rooiprop,
    • 31 replies
    • 3,632 views

  22. Canada Immigration Seminar

    By Theuna,
    • 0 replies
    • 1,359 views

  23. August Coffee Club

    By Shelene,
    • 0 replies
    • 1,098 views

  24. Pretoria: Gauteng Coffee Club Bring and Braai, 3 July 2010

    By Shelene,
    • 6 replies
    • 1,811 views

  25. June's Coffee Club

    By Shelene,
    • 21 replies
    • 2,412 views

  • 5 Most Recent Posts

    • M_Richard
      Cheapest way to transfer funds internationally

      By M_Richard · Posted

      For transferring money from Canada to South Africa, bitcoin is very good if you learn to navigate the markets. You can buy bitcoin on Kraken exchange (deposit CAD) for low fees (+-0.25%) and then transfer it to Luno exchange and sell for ZAR. If you know how to navigate Luno, you can sell for zero fees, or instant sell is 1% fee but can be easily avoided. The main advantage of using bitcoin (BTC) is the fact that BTC typically trades at a 5% premium in SA. So your funds will actually become more. It is a bit of arbitrage trading mixed with remittance.  A quick example using current prices and fees:
      1. You deposit 10,902 CAD to Kraken, buy bitcoin at 0.25% fee (current price 10,875 CAD = 1 BTC), with the fee included, you now have 1 BTC 2. Transfer the 1 BTC to the SA Luno exchange wallet (low fixed transfer fee, like 20 ZAR). Then you sell for ZAR (at a 5% higher current price in SA of 123,000 ZAR, zero fees) and withdraw to a SA bank account (8.5 ZAR fixed fee). 3. So now you have R123,000 (minus like R30 fees) in you SA bank account. Compare this to transferring via a bank, who will give an exchange rate of around R10.33/CAD at the moment, excluding any other transfer fees or percentage based conversion fees. Working with R10.33/CAD, the original 10902 CAD will convert to 112,600 ZAR.  So with bitcoin, you actually get 10,000 ZAR more on the other side. Something to think about/worth investigating. Depends on the premium between the two exchanges, but SA is typically 2% to 6% more, the premium has even been as high as 10%. Obviously, for transferring for SA to Canada, the opposite is true.  
    • PyroSA
      Cheapest way to transfer funds internationally

      By PyroSA · Posted

      Xoom seems to support payments from USD, EUR and GBP only?
        There definitely is a CAD -> ZAR option, but that's not much use if I want to send over a lump sum for getting set up in Canada.  
    • Jules
      Cheapest way to transfer funds internationally

      By Jules · Posted

      I recall using Transferwise when my mom was still alive and I used to send her money from Canada to SA so there must be a CAD$ to ZAR option. I haven’t used it in a couple of years but their app was really good and fees were low. 
    • M-N
      Cheapest way to transfer funds internationally

      By M-N · Posted

      Have you looked into xoom? They're a new transfer service from PayPal.  
    • PyroSA
      Cheapest way to transfer funds internationally

      By PyroSA · Posted

      TransferWise and XE doesn't seem to have a ZAR -> CAD option. Exchange4Free OTP isn't my mobile phone at the moment Did my cash through FNB, their rate wasn't too bad to be honest.
      Asked if I can get a special rate for >R100k, but still haven't had a response from fxtravel@fnb.co.za