STUDY ABROAD
All|Institutes / Colleges
Join our Daily NewsletterBanks and Foreign Exchange in South Africa
Related Links
Home
History
Important Vocabulary
Transport
Why South Africa
Education Structure
Popular Courses
Bachelor Degree Programs
Master Degree Programs
Studying Biotechnology
MBA Programmes
Studying English
Summer Programs
Scholarships
Financial Grants
Work and Study Permit
Admission Procedure
Accommodation
Embassy
Banks and Foreign Exchange
Health Insurance
South African Society
Student Life
Sight Seeing
Festivals
Things to do
Indian Restaurants
Interesting Facts
HomeHistoryImportant VocabularyTransportWhy South AfricaEducation StructurePopular CoursesBachelor Degree ProgramsMaster Degree ProgramsStudying BiotechnologyMBA ProgrammesStudying EnglishSummer ProgramsScholarshipsFinancial GrantsWork and Study PermitAdmission ProcedureAccommodationEmbassyBanks and Foreign ExchangeHealth InsuranceSouth African SocietyStudent LifeSight SeeingFestivalsThings to doIndian RestaurantsInteresting Facts- South African banks are able to accommodate all international transactions.
- Banks are open from Monday to Friday (09:00 to 15:30) and on Saturdays from 08:30 to 11:00.
- It is recommended that international students open a bank account. It is a relatively simple process to open an account at the major banks. For this purpose you would require proof of registration, your passport and proof of accommodation while studying in South Africa.
Foreign Exchange
Traveller's cheques and foreign currency can be exchanged at most banks. Businesses, tour operators, airlines and hotels generally accept international credit cards, including Visa, Master, American Express and Diners Club cards. There is also a facility at the Johannesburg International Airport arrivals hall.
Credit cards
Most major credit cards and traveller's cheques in major currencies are accepted.
Information when Purchasing Foreign Exchange in SA
Foreign exchange can be purchased 60 days prior to departure from South Africa.
- To purchase your foreign exchange, visit your closest Bidvest Bank/Rennies Foreign Exchange branch with the following documentation:
i) Valid passport
ii) Proof of travel arrangements
iii) Green bar-coded identity document/temporary resident permit
iv) Proof of residential address (not older than three months)
The SARB's current exchange control limits (discretionary allowance) for South African residents is a maximum of R1 000 000 per calendar year (1 January to 31 December) for adults and a maximum of R200 000 per calendar year for those residents that are under the age of 18.
This discretionary allowance is designed for the payment of travel expenses, gifts, donations and maintenance.
Previous
Top
Next
Post your Question / Comment
Name *
Email ID *(will not be published or shared)
Question / Comment
Search4Institutes
Latest Classifieds
- vashikaran specialist +9196729
Posted on May 26 2012
- vashikaran specialist +9196729
Posted on May 26 2012
- vashikaran specialist +9196729
Posted on May 26 2012
- vashikaran specialist +9196729
Posted on May 26 2012
- vashikaran specialist +9196729
Posted on May 26 2012
Comments (6)
Reply
Report Abuse
zuma lughuno mwalughali5/19/2012 7:04:57 PM
am willing to study in one of the ZA colleges. what should i follow .
Reply
Report Abuse
Mr Jonathan Mark3/29/2012 4:14:29 AM
Hello, I am sending you this E-mail in regarding to my Financial Avert,I will like to Introduce my self to you shortly,my name's are. Mr Jonathan Mark, I am a citizen of indian,I am the Managing Director (MD) of Jonathan Mark Loan Firm,I give out Loan at a low interest rate of 2%,I give out Personal Loans,Business Expansion Loans, Business Start-up Loans ,Education Loans, Debt Consolidation Loans,Venture Capital,Hard Money Loans,even to those with Bad Credit, ETC,We offer Loan Ranging from a Minimum Amount
Reply
Report Abuse
Thandeka2/8/2012 1:11:44 AM
Hi sir!i would love to do aircraft maintenance.im holding N3 certificate in aircraft maintenance.can i apply to your school?which time in a year are which are suitable for applying
Reply
Report Abuse
IQBAL ABBAS FIRFIRE12/14/2011 12:13:36 PM
DEAR SIRI HAVE TWO TIMES I HAVE APPLIED IN WESTERN CAPE GATE WAY HOSPITAL IN MONTH OF SEPTEMBER FOR THE POST OF MASSENGER AND PORTER AND THEY ASKED ME TO CALL WHEN I HAVE CALLED THEM THEY ARE TELLING ME THAT THEY HAVE NOT RECIVE MY COURER AND NOW THEY ARE ASKING ME FOR THE WORK PERMET SO SIR TRY TO HELP WHERE I HAVE TO APPLY FOR WORK PERMET
Reply
Report Abuse
Anthony Bonney Awotwi12/9/2011 3:02:31 PM
I am a Ghanaian with a diploma in Coaching at the university of Education, Winneba with distinction.I wish to apply for a degree programme in Physiotherapy in your august institution.I hope this application would meet your favourable consideration.Thank you.
Reply
Report Abuse
Isis Mongoose11/16/2011 2:39:40 PM
Here's a complete translation list of "hello", "goodbye" and "thank you" in all 11 official South African Languagesfrom iiTranslationEnglishHelloAfrikaansGoeiedagisiNdebeleLotjhaniisiXhosaMoloisiZuluSawubonaSiSwatiSawubonaSesothoDumelaSesotho sa LeboaDumelaSetswanaDumelaTshiven?a?Ndaa / ?AaXitsongaAvuxeniEnglishGoodbyeAfrikaansTotsiensisiNdebeleUhambe kuhleisiXhosaSala kakuhleisiZuluSala kahleSiSwatiSala kahleSesothoSala hantleSesotho sa LeboaSala gabotseSetswanaTsamayo sentlêTshiven?aKha vha sale zwavhudiX