How long does it take to transfer funds through Charter Forex?

Approximately 5 to 7 working days after receipt of all documents.  Depending on your exact circumstances, it will generally take around 5 to 7 working days for us to register you as a client, open your account with our Authorised Dealer Bank, fix an exchange rate, complete the transfer and for the funds to arrive into the destination account. Please note that should South African Reserve Bank approval be required for your transaction (for example if you wish to transfer more than R11m in one calendar year, or if all required information is unable to be provided), then the timeframe will be significantly longer as SARB approval can take around 4-6 weeks to obtain.

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