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Financial
South Africa's favourable exchange rate make it an inexpensive destination for international travelers.
Currency
The SA monetary unit is the South African Rand (R) and it equals 100
cents.
The international symbol of the Rand is ZAR. Bank notes are issued
in denominations of:
R 200 (orange), R 100 (purple), R 50 (pink), R 20
(brown), R 10 (green)
Coins are issued in denominations of: R 5 (silver), R2 (silver), R 1 (silver), 50 c (copper), 20 c (copper), 10 c (copper), 5 c
(copper), 2 c (copper), 1 c (copper)
Credit cards All major credit cards such as American Express, Diner’s Club, Visa and
MasterCard are widely accepted. Money can also be withdrawn from these
cards at various cash points. |
impala females
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Currency control
There are no limits to the amount of cash that visitors can bring into South
Africa. However, some countries have limits on the export of bank notes
and visitors are therefore advised to convert most of their money to
traveller’s cheques.
The necessary permit should be obtained from the
South African Reserve Bank (the central bank of South Africa) if visitors
wish to leave the country with more than R5 000 in cash in their possession.
Import of foreign currency is free, subject to declaration. Export of foreign
currency is limited to the amount that the visitor declared upon arrival. For
more information, contact any Customs and Excise Office. |
Sable |
Currency control
There are no limits to the amount of cash that visitors can bring into South
Africa. However, some countries have limits on the export of bank notes
and visitors are therefore advised to convert most of their money to
traveller’s cheques. The necessary permit should be obtained from the
South African Reserve Bank (the central bank of South Africa) if visitors
wish to leave the country with more than R5 000 in cash in their possession.
Import of foreign currency is free, subject to declaration. Export of foreign
currency is limited to the amount that the visitor declared upon arrival. For
more information, contact any Customs and Excise Office. |
Financial institutions
South Africa has a sophisticated banking system that can accommodate all
international transactions.
Banking hours: Monday - Friday, 9:00 to 15:30
Saturday, 8:30 to 11:00
Automatic teller machines are open 24 hours a day
and only in some very small towns.
In the rural areas these facilities may be
unavailable.
Commercial banking services are available two hours before
and two hours after the arrival and departure times of international flights,
24 hours a day. |
Foreign exchange
Banks, foreign exchange bureaus and certain hotels accept all major
foreign currencies, as do most restaurants,businesses and shops. The best
currencies to use would be the US Dollar, the British Pound and the Euro.
Traveller’s cheques can also be exchanged at any commercial bank.
Most
hotels, shops and businesses also accept traveller’s cheques but a fee may
be charged for this service. American Express offices and most hotels also
have exchange facilities for guests.
Rennies Foreign Exchange Money Line
is a toll-free information line, which operates 24 hours per day, 365 days per
year. The number is 0861 11 11 77 for rates and 0860 11 11 77 for general
information.
A touch-tone telephone or cellular phone is needed to access
the system from within South Africa. |
Waterbuck (female and calf) |
Major South African Commercial Banks
ABSA Bank Limited *First National Bank of Southern Africa Limited * Nedcor Bank Limited *The Standard Bank of South Africa Limited
Branches of Foreign Banks in South Africa
Banko Espirito Santo e Comercial de
Lisboa **
Banque Française du Commerce Exterieur **
Credit Suisse **
Deutsche Bank **
National Bank of Egypt **
Standard Chartered Bank **
Swiss Bank Corporation |
Durban is South Africa's fun capital -
Browse wide selection of travel tours from day trips and multi day
|
Enquiries - email us
at
salesafrizim@gmail.com
|
African_Animals_Info
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Tel: + 27 31 762 2424  kype africa.travel
Office Hours -S.Africa GMT+2 World Times |
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