My newly qualified step daughter has accepted a teaching post in the UK and she departs from SA on Christmas Day.
I've taken out a loan to cover all the money that we need to get her there, including a return airfare, visa and passport costs, and sufficient money in her bank account, etc.
We've agreed that she will pay me back once she starts earning pounds.
What is the best way for her to transfer the loan repayments to me? Can she simply go to her local UK bank every month and arrange a transfer into my SA bank account? What are the Reserve Bank implications?
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