The South African Reserve Bank has published a set of draft Exchange Control circulars for public comment following the 2026 Budget announcements by the Minister of Finance. The drafts mainly propose higher limits for cross-border payments and investments by individuals in South Africa, alongside measures to streamline certain administrative processes. Comments are due by 17 March 2026.
South African Reserve Bank consults on draft Exchange Control circulars to raise individual cross-border limits and streamline processes
The South African Reserve Bank released draft Exchange Control circulars for public comment, proposing increased limits for cross-border payments and investments by individuals. The drafts also aim to streamline certain administrative processes.