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 2026-03-06
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.