WE CAN ARRANGE YOUR FOREIGN EXCHANGE REQUIREMENTS
Cash Passport
Foreign Notes
Travellers' Cheques
Bank Drafts and Telegraphic Transfers
Most consulates and embassy require documentary evidence of foreign exchange purchased at the time of making application for a travel visa.
Speak to your Grindrod Travel Consultant about our free delivery service and VIP rate.
Annual Travel Allowances
- R500 000 per adult over 18 years of age
- R160 000 per child under 18 years of age
- Currency may only be purchased within 60 days of the departure date.
Documents required to transact in Foreign Exchange:
- Valid Passport
- Ticket
- Proof of residential address
- SA Identity Document
Acceptable forms of payment:
- Cash
- Credit Card
- Bank Guaranteed Cheque
- Completed EFT
FAQ’s
Why is the selling rate different to the rate displayed to the public in the media?
The media rate is the rate at which banks determine their selling rate for the day i.e. it is normally a percentage above the media rate.
Can one buy foreign exchange on a one-way ticket?
Yes, provided you are not emigrating and intend returning to South Africa within twelve months of departure.
May one keep unused foreign currency for further trips?
No, according to the Reserve Bank rules, all foreign currency needs to be sold to an authorized dealer within 1 month of return to South Africa.
For any further information regarding latest exchange rates, or foreign currency, please contact us or click onto the link on home page to purchase, and obtain quote.