Navigating South Africa’s Exchange Control Rules: How to Legally Send Money to Europe

Sending Money to Europe? Know the Rules First

Thinking of sending money to Europe for the first time? Don't get caught off guard by South Africa's exchange control rules.

Whether you're supporting family, paying for university fees, or investing abroad, it's important to understand the limits and legal requirements around transferring money from South Africa to Europe. Many South Africans are surprised to find out that exchange control regulations apply—even to personal remittances.

The good news? It's completely legal and manageable with the right knowledge and a trusted provider like Mama Money.

Mama Money is a fully licensed, FICA-compliant service that enables you to send money to Europe easily, affordably, and in accordance with the rules. You can transfer up to R25,000 per transaction and R25,000 per month on a standard account. And if you need to send more? You can upgrade your limit to R50,000 per transaction and R100,000 per month in just a few steps using the Mama Money app.

👉 Send Money to Europe with Mama Money and stay safe, secure, and compliant.

What Are South Africa's Exchange Control Rules?

Exchange control rules are government policies designed to regulate the flow of money into and out of South Africa. Managed by the South African Reserve Bank (SARB), these rules help maintain the country's financial and economic stability by placing certain limits and requirements on cross-border transactions.

The main purpose of exchange controls is to:

  • Prevent capital flight – to stop large amounts of money from leaving the country in ways that could harm the economy.
  • Maintain foreign currency reserves – to ensure South Africa has enough foreign currency to support trade, investments, and debt obligations.
  • Encourage responsible offshore investing – to allow South Africans to invest abroad legally, but within structured and monitored limits.

These controls apply to both individuals and businesses, and they're especially relevant when sending money to countries outside the Common Monetary Area, such as those in Europe. By understanding the rules, you can plan your transfers effectively and stay fully compliant.

The Single Discretionary Allowance (SDA): What You Can Send Without Tax Clearance

The Single Discretionary Allowance (SDA) is a regulation that allows every adult South African resident (over the age of 18) to legally transfer up to R1 million per calendar year abroad—without needing tax clearance from SARS.

This allowance is designed to give individuals the freedom to send money overseas for most legal purposes, including:

  • Personal remittances to friends or family
  • Gifts or financial support to loved ones
  • Education fees or medical payments abroad
  • Travel expenses outside the Common Monetary Area
  • Offshore investments

If you're sending money through Mama Money, the SDA also applies to your transfers. Under our standard limits, you can send:

  • Up to R25,000 per transaction
  • Up to R25,000 per month

These limits ensure your transfers remain fully compliant with South African exchange control regulations—without the need for additional paperwork.

Want to send more? You can upgrade your limit in the Mama Money app with just a few simple steps.

Learn more about our sending limits here

How to Upgrade Your Mama Money Limits for Larger Transfers

If you need to send more than R25,000 at a time or more than R25,000 in a month, Mama Money makes it easy to upgrade your limits—all within the rules of South Africa's exchange control framework.

Qualifying customers can increase their limits to:

  • R50,000 per transaction
  • R100,000 per month

This is ideal if you're sending money for larger expenses, such as tuition, rent, or medical bills abroad.

Here's how to upgrade your limits in the Mama Money app:

  1. Open the Mama Money app on your phone
  2. Tap on "Increase Limits"
  3. Follow the prompts to upload your supporting documents (such as a payslip or proof of income)

Once submitted, your documents will be reviewed, and if approved, your higher limit will be activated, allowing you to send more when needed with complete peace of mind.

For more details, visit our sending limits page.

The Foreign Investment Allowance (FIA): For Larger Transfers Over R1 Million

If you're planning to send more than R1 million abroad in a single calendar year, your transfer will fall under South Africa's Foreign Investment Allowance (FIA).

The FIA allows South African taxpayers in good standing to invest or transfer up to R10 million per year outside of the country—but there's one key requirement: you must obtain a Tax Compliance Status (TCS) PIN from SARS before the funds can be transferred. This PIN confirms that you are compliant with your tax obligations and is used by Authorised Dealers to verify your status.

At this time, Mama Money does not facilitate FIA-level transfers; however, it's essential to understand these rules if you're planning significant international transactions or long-term offshore investments.

If you need to send more than the limits allowed under the Single Discretionary Allowance (SDA), we recommend consulting an Authorised Dealer (such as your bank) or a qualified financial advisor to guide you through the FIA process safely and legally.

Why Mama Money is a Safe Way to Stay Compliant

When sending money from South Africa to Europe, it's essential to choose a provider that not only offers good value but also helps you stay fully compliant with the law. That's where Mama Money stands out.

Mama Money is a fully licensed financial service provider and is FICA-compliant, ensuring that all transactions adhere to the legal requirements outlined in South Africa's financial regulations. Each transfer is reported in line with South African Reserve Bank (SARB) exchange control rules, so you can send with confidence, knowing you're on the right side of the law.

You'll benefit from real-time exchange rates, transparent pricing with no hidden fees, and secure delivery to verified European bank accounts. Whether you're supporting family, paying for studies, or sending a gift, Mama Money is ideal for legal personal remittances within regulated limits.

Practical Tips for Planning European Transfers

When sending money from South Africa to Europe, a little planning can go a long way in helping you stay compliant, save on fees, and avoid delays.

Here are some helpful tips:

  • Track your annual sending total to ensure you remain within the R1 million Single Discretionary Allowance. Keeping a record of your transfers helps avoid unintentional breaches.
  • Plan ahead if you need to send more than R25,000 in a single month. Mama Money allows you to upgrade your limit to R50,000 per transaction and R100,000 per month—just ensure you start the upgrade process early to avoid any delays.
  • Use the Mama Money app to check your current limits, track transfers, and apply for increases when needed. It's a convenient way to manage your sending activity in one place.
  • Always verify exchange rates before sending. Currency fluctuations can impact how much your recipient receives, so it's worth checking for a favourable rate before confirming your transfer.
  • Avoid informal or unregulated channels. These may seem cheaper, but they can put your money at risk and violate exchange control laws, leading to penalties or loss of funds.

With the right planning and a trusted provider like Mama Money, sending money to Europe can be simple, safe, and fully compliant.

Stay Informed, Stay Compliant, Send with Confidence

Sending money from South Africa to Europe doesn't have to be complicated. With a clear understanding of exchange control rules and a trusted provider like Mama Money, you can transfer funds with ease, knowing you're fully compliant and protected.

Mama Money gives you peace of mind through:

  • Transparent sending limits
  • Compliance with SARB regulations
  • A user-friendly app that lets you manage your transfers, check exchange rates, and upgrade your limits—anytime, anywhere.

Whether you're supporting loved ones, paying for education, or handling personal expenses abroad, Mama Money is built to make international transfers simple, affordable, and secure.

Ready to send money to Europe—legally and safely?

Visit our Europe page to check your sending limit and start your first transfer, or download the Mama Money app today to send money with confidence and convenience.

Need Help? Mama is Here

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If you have any questions not covered above, please get in touch with Mama via WhatsApp:

  1. Customer Support: https://wa.me/+27648028428
  2. Mama Money Send: (+27) 60 091 5591
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