The PAA CAPITAL GROUP is engaged in providing cross-border payment services to business enterprises and banks through the combination of a network of segregated bank accounts.
PAA CAPITAL (Pty) Ltd. is a regulated financial institution under the auspices of the International Financial Services Centre (IFSC) through BITC, certified by the honorable Ministry of Finance and Development, transforming the future of cross-border payments.
The following activities are approved financial operations, broadly defined in the Income Tax Act:
Banking and finance operations transacted in foreign currency
Brokerage and trading of securities denominated in foreign currency
Management and custodial functions related to CIUs
Insurance and related activities
Registrars and transfer agency services
Exploitation of intellectual property
Development and supply of computer software for use in provision of the aforementioned services
Accounting and financial administration
Holding and administration of group companies
Business process outsourcing and call centres
Shared financial services
Other operations that the Minister may declare by order to be approved financial operations on a case by case basis
PAA CAPITAL provides clients with access to a global payment network, maintaining local banking partnerships, through which client business is settled directly via local clearing wherever possible to banked beneficiaries over four continents with a continuously growing number.
PAA CAPITAL GROUP is currently registered in the following countries:
- Czech Republic
- South Africa
- Hong Kong
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