Foreign Currency for South Africans
When planning a business trip abroad, you’re able to purchase your foreign exchange 60 days prior to
your departure from South Africa. We’re a market leader in foreign exchange
with the widest range of currencies available - and the reason why so many
South Africans choose to buy their foreign currency from us.
Requirements for South Africans
To order foreign exchange, the following documentation is required:
- A valid
of travel arrangements: Flight tickets and hotel accommodation
bar-coded identity document or temporary resident permit
of residential address: Utility bill not older than three months
A discretionary allowance is designed for the payment of
travel expenses, gifts, donations and maintenance. The amount of money that
individuals are allowed to transfer out of the country is governed by the South
African Reserve Bank.
Current exchange control limits for South African residents
over the age of 18 is R1 million per annum.
more about Exchange