cashkows.com

cashkows.com

Thursday, 9 February 2012

What role does technology play in making global financial migration easier?

So the rules have changed. The government has now said yes, if you live permanently overseas and you have a Retirement Annuity in South Africa, you are legally entitled to withdraw those funds, before maturity and before retirement age. Great news isn’t it? But how on earth (or from 10 000 kilometres away) does one practically do that? Insurance forms, bank accounts, SARS, the South African Reserve Bank, tax clearance certificates, MP336, IT21A, blocked rand and asset accounts… it all sounds a little too complicated and bureaucratic to do, even if you were in South Africa, let alone from 1000’s of kilometres away!!

This is where the experience, the staff and the systems at cashkows.com come in – making the whole business of getting your RA paid out and transferred safely and efficiently to you seem quite effortless. We know what forms need to be completed. We know who to talk to at the numerous banks, the SARS offices and the insurance companies. We have learnt how to make completing and submitting the apparently endless and seemingly onerous documentation easy for our clients through our secure and robust online system and our world class couriers. We have the best financial, tax planning and FX team available to ensure that you get as much of your hard earned cash out as is humanly possible. We are also fully up-to-date and aware of the ever changing rules and regulations that govern transactions and processes of this nature and constantly improve our systems to accommodate new processes and simplify the requirements from the client’s perspective.

So what role does technology play in all this I hear you ask. The short of it is that it doesn’t really matter… as long as the best skills are dealing with your case at the right time through the right procedures and our technology and expertise are ensuring the most effective use of your valuable time then ASP.net, MSSQL, SSL, PDF pre-pop, Ajax and JavaScript should mean about as much to you as a Chinese dictionary to a 6 month old baby. (For the record, the above technologies do in fact enable easier global financial migration as they form the foundation of our IT system that has been developed to make the process easier for you).

Yours in technological excellence
The team at cashkows.com


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