I make between 3 and 10 international fund transfers per month to pay for imports.
The bank charges are high and the bank screw me on the spread.
I want to pay smaller amounts via PayPal but the forex lady at FNB said it is against the law to use PayPal for imports.
Does anybody know if this is the truth?
Especially when I import samples it will be much more cost effective and faster than using international fund transfers.