Newsbreak - Lotus fmNewsbreak - Lotus fm

#PODCAST Hidden fees drive up cost of sending money overseas from South Africa #sabcnews 

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by Newsbreak Producer, Hoosen Ebrahim - Sending money overseas from South Africa is becoming increasingly expensive and many consumers don't realize how much they're really paying. Today on Newsbreak, we're taking a closer look at the hidden costs of international transfers. International money transfer company,  Future Forex CEO Harry Scherzer warns that bank exchange rate markups, rand volatility, and payment delays are quietly eating into people's money. For families supporting loved ones abroad, investors, and businesses moving funds offshore, these hidden charges can make a significant difference. Scherzer explains...

 

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