BeztForex

FASA member Training offered Franchises for sale
Member
Preliminary Member
Head Office
Gauteng
About
Franchises for sale/opportunities
Yes

Activities

BeztForex provides Foreign Exchange solutions for importers/exporters and investors, including overseas payments, buying and selling of foreign exchange and foreign exchange risk management. It also facilitates various other international trade financial solution.

Background and History

BeztForex was founded in 2012 by Ex International Banker, Herman Bezuidenhout, following a 33-year career within the FirstRand Banking Group. He now has 40 years’ experience as an international banker within leading South African financial institutions and as an entrepreneur, encompassing marketing, sales, operations and general management, at senior management and executive levels. BeztForex is currently the largest FX intermediary company in Sasfin Bank.

Franchisee Profile

Foreign exchange and global trade skills and experience will be a major advantage however, it is not essential as the Franchisor will provide intensive on-the-job training for prospective franchisees that meet the qualifying criteria to be a BeztForex franchisee.

Skills, knowledge, attributes, qualifications and characteristics required are as follows:

  • Leadership and Managerial skills
  • General Banking Skills (will be an advantage)
  • Foreign Exchange and International Banking Skills (will be an advantage)
  • Obsession with client service
  • Business acumen
  • Sales skills
  • Entrepreneurial mindset
  • Positive attitude
  • Existing registration with the Financial Sector Conduct Authority as a FX representative (FSB) (will be an advantage)
  • Matric and an approved FSCA qualification. (Qualifying franchisees will have 2 years to pass the FSCA regulatory exams and a further 4 years to gain an approved FSCA qualification). Many degrees, diplomas and other certificates qualify as approved qualifications.

Qualifying franchisees that are not currently registered with the FSCA, will be registered under the licence and supervision of the franchisor. It follows that all franchisees must be “fit and proper” from an FSCA perspective.

Training Offered
Yes
Type of Training Offered

Intensive, ongoing training and support will be provided to all franchisees.

Financial
Total Investment
R400,000.00
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