BANKING

Sophisticated banking systems are available in most regions, including ATMs and Bureau de Charges facilities.

Currency: South African Rand. Most international credit cards are accepted, as well as traveler’s cheques.

Banks are open Mondays – Fridays: 09h00 – 15h00 and Saturdays: 08h30 – 11h00

Banks:

First National Bank - 293 Cape Road, Newton Park, tel: +27 (0) 41 390 8000 / www.fnb.co.za

ABSA Commercial Bank - Corporate Place, Ring Road, Greenacres, tel: +27 (0) 41 396 5500 / www.absa.co.za

Standard Bank of SA Ltd. - 1 Pickering Street, Newton Park, tel: +27 (0) 41 390 2400 / www.standardbank.co.za

Nedbank – The Bridge Shopping Centre, Ring Road, Greenacres, tel: +27 (0) 41 391 4200 / www.nedbank.co.za

Credit Cards and Travellers’ Cheques:  Most shops and hotels will accept all major credit cards as well as travellers’ cheques.

Currency: 

The local currency is the South African Rand (ZAR) = 100 cents (c). Notes issued are R200, R100, R50, R20 and R10. Coins issued are R5, R2, R1, 50c, 20c, 10c and 5c.

Foreign exchange: 

Foreign currency may be exchanged at some Commercial Banks and Travel Agencies.

American Express Foreign Exchange - Boardwalk Casino Complex, tel: +27 (0) 41 583 2025 (Mon. to Fri. 09h00 to 20h00, Sat. & Sun. 10h00 to 16h00).

Rennies Foreign Exchange – Shop 89, Walmer Park Shopping Centre, tel: +27 (0) 41 368 5890. (Open Mon. to Fri. 08h30 to 16h30, Sat. 08h30 to 12h00).

Rennies Travel Foreign Exchange – Shop B29, The Bridge Shopping Centre, Top Floor, tel: +27 (0) 41 363 1185. (Open Mon. to Fri. 08h30 to 16h30, Sat. 09h00 to 12h30).

Imali Express – Arrivals Hall, PE Airport, tel: +27 (0) 41 581 2483.  (Open Mon. to Fri. 06h00 to 21h30, Sat. 07h00 to 17h30, Sun. 08h00 to 21h00).  

Tipping: A 10% tip is standard in restaurants.

VAT (Value Added Tax): South Africa has a Value Added Tax System of 15% on purchases and services.  Foreign visitors can reclaim their VAT on collective purchases of more than R250.00 on products that are taken outside of the country.