Whilst every effort is made to ensure the contents of this site are up to date and accurate it should be noted that regulations, terms and conditions and appropriate law is constantly changing. Incompass Financial Solutions Pty Ltd and any of the companies represented on this site cannot be held liable for any of the content and we would encourage all visitors to our site to please validate the information by contacting one of our expert team.

Terms & Conditions

This website may contain other proprietary notices and copyright information, the terms of which must be observed and followed. Information may be changed or updated without notice. www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) may also make improvements and/or changes in the products and/or the services and/or the programs described in this information at any time without notice.

www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) assumes no responsibility regarding the accuracy of the information that is provided by www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) and use of such information is at the recipient’s own risk.

By furnishing information, www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) does not grant any licenses to any copyrights, patents or any other intellectual property rights.

www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) does not want to receive confidential or proprietary information from you through our website. Please note that any information or material sent to www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) will be deemed NOT to be confidential. By sending www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) any information or material, you grant www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information.

www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) makes no representations whatsoever about any other website which you may access through this one. When you access a “non-www.money-transfers.co.za” (Incompass Financial Solutions Pty Ltd) website, even one that may contain the www.money-transfers.co.za (Incompass CC) logo, please understand that it is independent from www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd), and that www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) has no control over the content on that website. In addition, a link to a “non-www.money-transfers.co.za” (Incompass Financial Solutions Pty Ltd) website does not mean that www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) endorses or accepts any responsibility for the content, or the use, of such website. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, trojan horses and other items of a destructive nature.

In no event will www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) be liable to any party for any direct, indirect, special or other consequential damages for any use this website, or on any other hper-linked website, including, without limitation, any lost profits, business interuption, loss of programs or other data on your information handling system or otherwise, even if we are expressly advised of the possibility of such damages. All information provided by www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) is on an “as is” basis only.

www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) provides no representations nor warranties, express or implied, including the implied warranties of fitness for a particular purpose, merchantability or non-infringement.

www.money-transfers.co.za (Incompass Financial Solutions Pty Ltd) reserves the right to make amends to the for-mentioned as it sees fit, from time to time, and without notice. The latest copy will always be available on our website.

Conflicts of Interest Policy

Conflicts of Interest Policy
JUNE 2011


1. Introduction
Who does this policy apply to?

2. What is a conflict and when may it arise
High level standards

3. How we manage conflicts of interest
Financial interests- cash, voucher, gift, discount, advantage, benefit, domestic or foreign travel, hospitality, accommodation, sponsorship, training…
Immaterial financial interests- Gifts & hospitality (determinable monetary value)
Ownership interests

4. INCOMPASS (Pty) Ltd Policy

1. Introduction
This document details INCOMPASS (Pty) Ltd Conflicts of Interest Management Policy
A short summary of this policy is included in the “Letter of Introduction” document, issued and explained to clients at the beginning of the sales process. The full Management Policy document is also available on request.
This policy applies to all employees of INCOMPASS (Pty) Ltd.

2.  What is a Conflict of Interest and when may it arise?
A conflict of interest may arise where a company, or one of its employees, is providing a financial service to its clients and may entail a material risk of damage to those clients interests, and whether the company or its employee:
Is likely to make a financial gain, or avoid a financial loss, at the expense of the client;
Has an interest in the outcome of a service provided to the client or of a transaction carried out on behalf of the client, which is distinct from the client’s interest in that outcome;
Has a financial or other incentive to favour the interest of another client, or group of clients, over the interests of the client;
Carries on the same business as the client; or
Receives or will receive from a person other than the client, an inducement in relation to a service provided to the client, in the form of monies, goods or services, other than the standard commission or fee for that service.

3.  How we manage conflicts of interest
The following are examples of conflicts of interest and how we manage these conflicts:
Contracts, proposed contracts and similar transactions or arrangements

A conflict of interest may arise where an employee has a direct, or indirect interest in a transaction. This may be where the employee has a connection with the other party to the transaction, or where the employee’s family has a connection. The connection may be from a directorship, significant shareholding, employment or consultancy.

INCOMPASS (Pty) Ltd requires disclosure of any connection which could, or could be seen to have the effect of compromising the judgment of any of our employees. Employees are required to notify INCOMPASS (Pty) Ltd of any such potential conflicts of interest, who will then decide if the employee can be involved in the transaction. INCOMPASS (Pty) Ltd will also ensure that the relevant provisions have been met.
Gifts, Hospitality & Inducements

Inducements, gifts and hospitality are all issues that could lead to potential Conflicts of Interest. INCOMPASS (Pty) Ltd has a strict policy regarding such issues, which is documented in INCOMPASS (Pty) Ltd. All Employees must act with the highest standards of integrity to avoid any allegations of Conflicts of Interest.

Employees must not accept any cash payments, significant gifts or hospitality. Token gifts may be accepted, providing they have not been solicited, have not been given as a business inducement and will not compromise INCOMPASS (Pty) Ltd’s integrity.  A register is kept of any gifts, or hospitality received.

Employees cannot attend hospitality events, without their INCOMPASS (Pty) Ltd’s approval.  Where an invitation could be construed as being a business inducement, it must be declined.

4.   INCOMPASS (Pty) Ltd’s policy
INCOMPASS (Pty) Ltd expects all its employees to maintain the highest standards in carrying out their business activities, adhering to legislative requirements and our policies on business conduct. INCOMPASS (Pty) Ltd expects its employees to act professionally, honestly and ethically in all their dealings with clients, colleagues and third parties. INCOMPASS (Pty) Ltd has a clear policy on Conflicts of Interest:
Conflicts of Interest should always be avoided, wherever possible.
Conflicts or potential Conflicts of Interest must always be disclosed. INCOMPASS (Pty) Ltd will not tolerate non-disclosure by its employees.