Exchange4free Licensed as Independent Money Transfer Operator in SA

Posted on by wademinnie | 630 Views | 6 min read

Exchange4free have been appointed as an Authorised Dealer in foreign exchange with limited authority in South Africa to operate as an independent Money Transfer Operator by the South African Reserve Bank. This licence is issued under the new Category 3 Money Transfer Operator license allowing ‘Person to Person’ remittances out of South Africa independently of

Cash Passport Allows Four Currencies to be Preloaded on a Single, Chip and PIN Prepaid Card

Posted on by wademinnie | 672 Views | 12 min read

MasterCard’s Multi-currency Cash Passport, a prepaid Chip and PIN-protected travel card, is now available from 54 American Express Foreign Exchange bureaux countrywide. As the only product of its kind in South Africa that can be preloaded with up to four currencies (U.S. Dollars, Pound Sterling, Australian Dollars and Euros) at once, the MasterCard Multi-currency Cash