If you are one of those investors that like to put every cent to work, we've helped you out to find the optimal value to transfer to maximise your cash.
We charge 0.2% + VAT (15%) as the fee with a minimum fee of $4.60 (incl. VAT) for an international transfer using EasyFX. The point up to where the minimum fee will be charged can be calculated like in the examples below:
AUD$2004.60 x AUS/ZAR Exchange rate (R12.0035*) = R24 062
USD$2004.60 x USD/ZAR Exchange rate (R16.7834*) = R33 644
*The rates used in the examples above are taken from the EasyEquities platform on 23/07/2020. For a more accurate amount please substitute the rate above with the current rate displayed on the EasyFX page
So in basic terms, any Rand amount transferred that is below the amount you calculated in the example will have a fee of $4.60 (incl. VAT) and any Rand amount equal to or above the amount you calculated will have a fee of 0.2% + VAT.
Remember that you can transfer any amount and this is just a guide to help you work out the optimal point where your fee is as little as possible compared to the total amount you are transferring.
Please note: the example above is for illustrative purposes only. The final fee you will be charged will be displayed to you one the EasyFX page of the EasyEquities platform before confirming any EasyFX transfer.