A LUCRATIVE NARRATIVE

As an authorized financial services provider and treasury outsourcer for both South African and non-South African clients engaged in import and export activities, Lucrative Exchange Pty Ltd offers bespoke services that commence upon the completion of client verification. This personalized approach ensures that our clients receive tailored solutions that align with their unique financial needs, maintaining direct access to trading rooms, providing exchange rates that match or exceed those offered by prominent South African commercial banks to their larger corporate clients.

In February, we celebrate our anniversary of providing intermediary and advisory services within the South African foreign exchange market. Our expertise was notably recognized in 2007 when we received the ‘Gold Status in Best Emerging Business’ category from the Roodepoort Chamber of Commerce and First National Bank. This accolade reflects our commitment to excellence and our significant contributions to the financial landscape, particularly in assisting clients with navigating the complexities of foreign exchange transactions.

As we continue to grow and adapt to market changes, our focus remains on delivering tailored solutions that meet the needs of our clients in an evolving economic environment. The liberalization of the banking sector has emerged as a response to their limited personal services and high fees that businesses face from traditional banks. The shift has opened avenues for financial service providers to distinguish themselves by offering value-driven services characterized by enhanced accessibility, versatility, efficiency, and reliability. Lucrative Exchange Pty Ltd embodies this value-driven approach, fostering enduring relationships with its clientele by consistently delivering exceptional service tailored to our clients’ needs.

Commitment to Compliance and Ethics

Lucrative Exchange Pty Ltd operates under strict contracts and legal agreements with selected banking partners, ensuring adherence to banking compliance guidelines, corporate values, and the FX Global Code. This commitment solidifies the legal obligations that governs our business relationships.

Conclusion

Through our dedication to client objectives and regulatory compliance, Lucrative Exchange Pty Ltd positions itself as a trusted partner in navigating the complexities of foreign exchange transactions while maintaining a strong ethical foundation.

"Exchange" is our business so let us make it "Lucrative" for yours.

A LUCRATIVE SERVICE OFFERING

“An Intermediary and advisory service is essential in the financial landscape, providing necessary support and facilitating transactions while adhering to regulatory standards aimed at protecting consumers and ensuring market integrity.”

The focus of Lucrative Exchange Pty Ltd’s services is dedicated to understanding and supporting the key objectives of our diverse clientele, which includes individuals, Small Medium Enterprises (SMEs), and large commercial companies engaged in sending or receiving funds to and from offshore accounts. We ensure that all transactions comply with the regulations set forth by the South African Reserve Bank.

Our expertise encompasses:

• Intermediary Services: Facilitating smooth transactions for clients involved in foreign exchange, ensuring compliance with local laws and regulations.
• Advisory Services: Providing tailored guidance to help clients navigate the complexities of the South African banking system and foreign exchange market.

By prioritizing regulatory compliance and client objectives, we aim to foster trust and facilitate successful international financial transactions.

Key Features of LE's Service Commitment

1. Online Audit Trail

   Clients benefit from a personalized login that provides access to historical transactions and trade-specific banking documentation. This feature allows for efficient tracking of financial activities, ensuring transparency and accountability.

2. SMS and Email Confirmation

   Each transaction is accompanied by SMS and email confirmations, enhancing the online audit trail. This immediate notification system bolsters transaction security and keeps clients informed in real time.

3. Enhanced Transparency

   In addition to standard confirmations, Lucrative Exchange Pty Ltd arranges for exclusive trade confirmations related to foreign transactions, which are sent directly from the relevant trading bank. This commitment to transparency reinforces trust in the transaction process.

4. Flat SWIFT Fee

   Lucrative Exchange Pty Ltd offers a flat SWIFT fee for offshore transactions, regardless of the amount transferred. This straightforward pricing structure simplifies cost expectations for clients, making it easier to manage foreign exchange requirements.

5. Cash for Travel Service

   Lucrative Exchange Pty Ltd "Cash for Travel" service provides clients with convenient access to foreign currency for travel purposes, ensuring they have the necessary funds when traveling abroad.

Conclusion
Through these features, Lucrative Exchange Pty Ltd demonstrates its dedication to transparency, security, and client service. By providing comprehensive support and innovative solutions, Lucrative Exchange Pty Ltd ensures that clients can navigate their foreign exchange needs with confidence and ease.

LUCRATIVE PRODUCTS

The treasury sector offers a diverse array of treasury products, including reserve bank applications, spot and forward cover, property guarantees, advanced payment guarantees, letters of credit, foreign bills for collection, foreign currency accounts (CFC), and personal foreign currency accounts (FCA). Among these, the most popular offerings are the treasury saving products, which encompass overnight call deposits, long-term deposits, and variable notice deposits, designed to cater to various financial needs while providing clients with flexibility and competitive returns. Exchange" is our business so let us make it "Lucrative" for yours

THE ZAR CALL ACCOUNT

The overnight call deposits* combine the benefits of liquidity, flexibility, and competitive returns, making an attractive efficient cash management solution.
*prime-linked rate is calculated daily and paid monthly on the account’s capital balance.

• Earn interest immediately on any additional deposits
• Immediate access to your funds at any time and the freedom to withdraw at your convenience
• Reinvest or pay out the interest on your earnings
Interest rates are prime-linked and subject to change with prime rate changes.
• Deposits - liquid fixed deposit, long term deposit, term deposit, competitive rates
• Notice Accounts
• Call Money Funds Prime Money Call, Call Deposit
• Foreign Currency Account for Legal entities and Natural persons

KEY TREASURY PRODUCTS

Foreign Exchange Products

• FX Spot: Immediate currency exchange at current market rates.
• FX Forward: Contracts to exchange currencies at a predetermined rate on a future date.
• FX Swap: Agreements to exchange currencies for a specified period and then reverse the transaction.

Investment Products for Individuals and SMEs

• FX Linked Deposits: Deposits linked to foreign exchange rates, offering potential higher returns but with associated risks.
• Currency Switching Services: Facilitating the conversion of one currency to another, often used for travel or international business.

Cash Management Solutions

• Call account to optimizing liquidity, managing cash inflows and outflows, and ensuring sufficient cash availability for operations.

Treasury products are essential for effective financial management in both corporate and personal finance contexts. They offer tools for risk mitigation, liquidity optimization, and strategic investment, making them vital components of comprehensive financial planning.

SARB APPLICATION

Lucrative Exchange Pty Ltd offers an exchange control service in facilitating compliance with regulations governing foreign currency transactions.

• Expert Guidance: specialized knowledge on exchange control regulations,
• Streamlined Applications: facilitate the submission of applications for exchange control approvals to the SARB, ensuring that all necessary paperwork is in order and submitted promptly.
• Risk Management: manage risks associated with foreign currency transactions, including potential penalties for non-compliance.
• Timely Updates: to keep clients informed about changes in exchange control regulations,
• In summary, intermediaries offering exchange control services provide essential support for individuals and businesses engaged in international transactions, ensuring compliance while optimizing financial outcomes.

EXCHANGE CONTROL / EXCON APPLICATION

CONSULTATION

ASSESMENT of Client Needs / Motivation to bank / Template/s for agreements, motivations & presentation / Bank consultation / Project management

APPLICATIONS Foreign Loan / Foreign Loan extension / Share certificate endorsement (non-resident) / Change in lender banks / Permission to view template / Temporary Employment (Inter-company) PIA extension / Royalties / Offshore Dividends / Single Discretionary Allowance (SDI) / FDI Omnibus / Payment schedule / Emigration motivation SHARES Capital Share redemption / Preference share payments / Share subscription purchase DISPUTES OFAC

SDI ALLOWANCE

Funds may only be remitted in foreign currency and applicants must be over 18 years of age and have a valid tax number.

Qualifying Criteria

• FIA under R1 million SDA (no tax clearance certificate required)
• FIA over R1 million (up to R10 million) with original tax clearance certificate for foreign investments

Utilisation of SDA to

• offshore Investments
• Gift to relatives and friends
• Working Abroad
• Inheritance Transfers
• International Travel
• Buying / Selling Property
• Alimony
• Relocation

CUSTOMER FOREIGN CURRENCY ACCOUNT

The foreign currency account is a strategic tool for managing currency exposure, facilitating international transactions, and optimizing financial operations for both individuals and businesses engaged in cross-border activities.

MAURITIUS USD

Lucrative Exchange Pty Ltd has partnered with Investec for Intermediaries to bring you the new CCM Mauritius investment solution. This solution allows you to access a range of enhanced cash solutions that earn competitive interest rates. You will also be able to save on currency conversion costs and easily facilitate offshore payments when you diversify your local currency risk and nominate the CCM Mauritius deposit account as the default maturity account for your offshore investments. This means that you can retain your offshore maturing funds without the need to repatriate them to South Africa.

1. CCM Mauritius Call Deposit

   The Investec CCM Mauritius Call Deposit is a call deposit, offered in USD, GBP, and EUR denominated deposits with an interest rate related to marketconditions of the respective currency.

2. CCM Mauritius Term Deposit

   The Investec Mauritius CCM Term Deposit is a fixed deposit with a guaranteed fixed interest rate, offered in USD, GBP, and EUR. Contact our offices to find out more

LUCRATIVE PARTNERSHIP

PROPERTY DEVELOPMENTS MEETS FOREIGN EXCHANGE

2Roche Pty Ltd, founded by an entrepreneurial brother and sister duo, is strategically positioned at the intersection of architectural services and treasury outsourcing. Our primary focus is on assisting foreign property buyers in navigating the complexities of the South African banking and property markets. Our holistic service addresses both the physical and financial aspects of property ownership in South Africa. As we continue our commitment to serving the South African market, we encourage those considering a move to explore the potential benefits of relocating within the country. With its dynamic economy, rich cultural landscape, and abundant opportunities, South Africa remains a promising destination for growth and development. Banking and Property Market Expertise: 2Roche Pty Ltd provides tailored guidance to foreign buyers, helping them understand local banking regulations and property laws, crucial for navigating the often-complex landscape of South African real estate. Seamless Transaction Facilitation: 2Roche Pty Ltd ensures a smooth transaction process, from initial inquiries to final purchase, making it easier for clients to invest in South African properties.

MISSION STATEMENT

You visualize, We Conceptualize and together we Realize!

Contact 2Roche @
Email projects@2roche.com
Telephone +27 (0)82 781 0502
Website https://delarochearchitecture.co.za

Customer Service

Client Login

Compliance Officer

“Masthead (Pty) Ltd, Practice number 67, 011 602 0200, info@masthead.co.za FSP licence is available on request”

Conflict of Interest Management Policy

“Lucrative Exchange Pty Ltd has adopted and implemented a Conflict-of-Interest Management Policy that complies with the provisions of the FAIS Act. The Conflict-of-Interest Management Policy can be requested by sending an email to info@lucrative.co.za

Complaints Policy

“Should you wish to pursue a complaint against a Key Individual or Representative of Lucrative Exchange Pty Ltd , you should address the complaint in writing to us at info@lucrative.co.za. If you cannot settle your complaint with us, you are entitled to refer it to the Office of the FAIS Ombud, at info@faisombud.co.za or telephone number 0860 663 274. The Ombud has been created to provide you with a redress mechanism for any inappropriate financial advice that you feel may have been given to you by a financial advisor.”

TCF Policy

Lucrative Exchange Pty Ltd “Treating Customers Fairly (TCF) policy is rooted in the guidelines set by the Financial Sector Conduct Authority (FSCA), ensuring that we consistently deliver fair and equitable outcomes for our clients. We are committed to fostering a culture of openness, transparency, and accountability, both in the quality of service we provide and in how our staff engage with clients. As a company, we take the FSCA’s standards seriously, particularly the mandate to treat customers fairly in all aspects of our operations.”

PAIA Manual

“This information manual provides an outline of the types of records held by Lucrative Exchange Pty Ltd and explains how one may submit requests for access to these records in terms of the Promotion of Access to Information Act, 2 of 2000 (“the Act”). Please email info@lucrative.co.za to obtain a copy.”

POPIA

We are committed to protecting your Personal Information as outlined in our Privacy Policy, in compliance with the Protection of Personal Information Act, 4 of 2013 (POPIA). Your information will only be used for legitimate purposes related to the services provided and will be safeguarded accordingly. For more details, please refer to our Privacy Policy or contact us directly with any questions.

Website disclaimer

Lucrative Exchange Pty Ltd LE has and will continue to take reasonable care to ensure that all information, in so far as this is under its control, provided on this website is true and correct.

Lucrative Exchange Pty Ltd shall not be responsible for, and therefore disclaims any liability for, any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered as a result of, or which may be attributable, directly or indirectly, to the use of or reliance upon any information, links or service provided through this website.

There is no warranty of any kind, expressed or implied, regarding the information or any aspect of this service. Any warranty implied by law is hereby excluded except to the extent such exclusion would be unlawful.

Links to other sites

Our website contains links to other sites. Please be aware that Lucrative Exchange Pty Ltd is not responsible for the privacy practices of such other sites. We encourage users to be aware when they leave our site and to read the privacy statements of every website that collects personally identifiable information. This privacy statement applies solely to information collected by this website.

Privacy

It is our policy to strive to respect the privacy of Individuals / Companies who visit the Site or provide comments to us. Our privacy policy is incorporated herein for reference. No liability attaches to "LE" or its representatives / associates for any failure to adhere to this policy. By accepting these Conditions, you expressly agree to the use of this Site.

Financial Service Provider

The purpose of the ("the Act") is to combat money laundering activities by, amongst other things, establishing a Financial Intelligence Centre ("FIC") and imposing certain duties on institutions and other persons who might be used for money laundering purposes. Money laundering is an activity that has the effect of concealing the nature, source, location, disposition or movement of the proceeds of unlawful activities or any interest that anyone has in such proceeds.

Lucrative Exchange (Pty) Ltd and its employees are considered to be an institution or persons that can be used for money-laundering purposes and therefore the Act provided for certain duties to be executed by Lucrative Exchange (Pty) Ltd and employees when dealing with clients and transactions.

This document deals with the specific duties of all permanent and temporary personnel employed that relate to potential or actual unusual and suspicious transactions involving Lucrative Exchange (Pty) Ltd, as well as the penalties for not executing these duties.