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Stop losing thousands to hidden forex fees: Pay zero SWIFT charges for 3 months
South African businesses and investors are losing thousands in hidden fees on every international transaction – but help is at hand.
Why the Reserve Bank wants to ‘abolish’ the prime lending rate
For ‘greater transparency and clarity’: instead of the official repo rate and prime rate – and then the ‘prime-plus’ or ‘prime-minus’ rate quoted to a consumer – there will be a single Sarb policy rate. Banks will still add a premium to that rate when quoting…