Stories and Traveltips

ID #1271

Currency, Credit Cards and Banks, South Africa

The currency unit in South Africa is the Rand, denoted by the symbol R1. R1 = 100 cents.  Foreign currency can be exchanged at commercial banks, American Express and Rennies Travel.  Rands as well as US$ are an accepted form of exchange in most countries in the region.

International credit cards such as American Express, Diners Club, Mastercard and Visa, etc are accepted in South Africa. Use may however be restricted in small towns and country areas or non-existent in retail shops. In South Africa, one may only pay for petrol with a special “garage card” or cash. Ordinary credit cards may not be used to purchase petrol. Automatic teller machines (ATM’s) are outside most banks in towns and cities and operate 24 hours a day.

The following banks offer foreign exchange services:

•    ABSA
•    First National
•    Standard

Major banks are found in all large towns, as are automatic teller machines (ATM’s). Several international banks have branches in the main cities.  Most commercial banks are open from 09h0 to 15h30 on weekdays and from 08h30 to 11h00 on Saturdays. ATTracurrency


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Last update: 2014-03-28 07:55
Author: Alan McIver
Revision: 1.1

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