InfoisInfo South Africa

Paynter Trade Services
Alcohol in Port Elizabeth

www.premiertank.co.za
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Remember you found this company at Infoisinfo +27 0 41 373 631?

Address

2 Carlisle Street Mount Croix. Port Elizabeth. Eastern Cape.
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What you should know about Paynter Trade Services

Wine in Port Elizabeth, Transport in Port Elizabeth, Steel in Port Elizabeth, Steel Products in Port Elizabeth

Tank containers are offered to lessees in chemicals and foodgrade products on flexible lease and lease purchase arrangement. Premier Tank Solutions (formerly named Paynter Trade Services), provide a unique offshore investment oppotunity in stainless steel tank containers manufactured by Welfit Oddy, enabling South African residents to invest in Rands and receive foreign earned income, which can legally be retained offshore, all approved and endorsed by the South African Exchange Control Authorities, allowing these investors to accumulate wealth offshore.

An investment in stainless steel tank containers provides you with a unique, legal and unlimited financial instrument to convert your Rands to foreign currency, which can be retained in the offshore account of your choice. This is still the only legal and effective mechanism to externalise any amount of your wealth (for instance, assets swaps provide this in terms of income, but the capital eventually has to be reconverted back to Rand). Of importance, this investment is not related to nor tied to your R4 million foreign investment allowance. Ability for South African residents to earn foreign currency income legally through a unique Rand-hedge offshore investment, the Reserve Bank maintaining control of the asset, by approved management companies managing the investment in toto in accordance with the-then strict Exchange Control regulations. Promotion of an ideal export product, a sought-after high-specification finished product, being the ultimate in value-added processing of South Africa's raw materials (stainless steel, carbon steel, aluminium, paint, etc) with an international market. Achievement of specific enhancements to the South African economy, through much needed expansion of heavy metal industry, increased employment of skilled labour, and non-trade related foreign currency inflows of tank rentals over a period of years. ), with all operating costs, maintenance and repairs being for the tank operators' account. This meant that tank container income could now be received and retained in foreign currency offshore! In brief then, you could now invest Rands, and earn a Dollar income stream that handsomely equates to your initial investment, plus a fair return in Dollar terms, with all rentals now being legally retained offshore ! the underlying security through ownership of a hard asset with an international value (not a piece of paper!) A competitive return on the Dollar capital value over the period of the investment. Furthermore, the returns indicated above do not recognize any interest that would be earned on rentals received and invested during the investment period, which significantly increases the net return. While there can be expected to be periods of Rand strengthening in the medium term towards the lower end of this fair value range, overall (recognising international trade competitive fundamentals), this weakening trend is likely to continue into the future. They are trading as River North Trading and using our physical address as a proxy.
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