This is a unique opportunity to acquire a forex license that enables the provision of foreign exchange services and outsourced treasury services, derivatives trading, with interest-bearing accounts. The profit margins and diverse opportunities this license offers make it a strong investment for any potential buyer entering the financial services sector. Through the license one is able to act as an intermediary in the foreign exchange market, offering personalized forex services to individuals and businesses. Through highly competitive rates the business earns a margin on trades, significantly benefiting clients compared to pricing of traditional banks. The license includes an arrangement with two of SA’s leading banks with a margin sharing at 50/50, which could be further negotiated for different splits based on client status. The projected figures are based on estimated personal and business transfers at a rate of between 0,5 -1%.
The business can manage interest-earning accounts for clients, providing the option to retain full interest or share it, generating a revenue of up to 8% of the investment value. The license enables the business to cater for a diverse clientele with a growing market demand from individuals seeking better forex rates than traditional banks, importers and exporters managing small, medium and large foreign exchange trades and corporates requiring sophisticated hedging strategies. This business has referral agreements enabling the company to refer business and receive a margin share. These referral agreements enable the business to assist clients with international money transfers across many regions worldwide, enhancing service offerings and revenue potential. The asking price is R3 300 000 with the potential to generate in excess of R150 000 per month depending on the buyers new business development strategy.
