In brief (TL;DR): An Approval for International Transfer (AIT) is the SARS clearance you need for any transfer above the Single Discretionary Allowance. WBForex prepares, submits, and follows up on your AIT application so you do not have to navigate SARS eFiling yourself.
An Approval for International Transfer (AIT) is a certificate from SARS that authorises the transfer of funds from South Africa to another country. You need one for any transfer above the Single Discretionary Allowance (SDA) in a calendar year. It replaced the old Tax Clearance Certificate system in 2023 and is applied for through SARS eFiling.
When do you need an AIT?
The AIT is required whenever you want to use your Foreign Investment Allowance (FIA) — the R10 million annual allowance that sits on top of the SDA. Common scenarios include large lump-sum transfers to a UK bank account, property purchase deposits, transfers related to cessation of tax residency, and retirement annuity encashment proceeds.
If your transfer is within your SDA limit, no AIT is needed and the process is significantly faster. WBForex will confirm which route applies to your specific situation at the point of enquiry.
What SARS looks at
SARS uses the AIT application to verify that your tax affairs are in order before approving the transfer. They check that all prior-year tax returns have been filed and assessed, that there is no outstanding tax debt, and that the source of funds being transferred is properly documented.
Applications where all documentation is correct and tax compliance is up to date tend to move faster. If SARS raises queries — for example, if there are outstanding returns or discrepancies in your tax record — it adds time. This is one of the reasons we ask clients to come to us early.
How long does it take?
SARS typically processes AIT applications within two to four weeks, though this varies depending on SARS workload and the completeness of the application. WBForex submits the application on your behalf and deals with any follow-up queries from SARS directly. You do not need to navigate the eFiling system yourself.
What documents are needed?
The exact requirements depend on your situation, but typically include a valid South African ID or passport, SARS eFiling registration with an up-to-date tax record, proof of the source of the funds being transferred, and completed transfer instruction with destination bank details. We send you a precise document checklist once we know the specifics.
How long is the AIT valid?
A SARS AIT is approved for a specific transfer amount and purpose. It is not an open-ended approval for all future transfers. If your circumstances change — for example, if you decide to transfer a larger amount than originally approved — you may need to submit a fresh application.
Let us handle it
WBForex manages the full AIT process for clients, from the initial document checklist through to submission and follow-up with SARS. Contact WBForex for a free consultation.
