eForex is approved by the South African Reserve Bank and considering that it is backed by the FirstRand Group you simply cannot go wrong by choosing eForex as your electronic Forex solution.
Payment of international trade transactions can be accomplished with an Open Account. The seller loses control of the goods as so
The seller ships the goods and forwards the documents directly to the buyer.
The buyer clears the goods upon arrival.
The buyer arranges for payment, either by bank draft or SWIFT transfer.