DO YOU NEED FOREX FOR YOUR HOLIDAY?

FX Africa Foreign Exchange is a licensed Bureau de Change company with the SA Reserve Bank authorized to deal in all travel related foreign exchange transactions. We can therefore meet any needs of the international traveller.

Full name : 
  
E-mail : 
  
Telephone : 
  
Currency required : 
Required fields ...


Thank you for giving us the opportunity to quote you!

Your foreign exchange options with us as a FlightSite customer

  1. Travelex Cash Passport OUR NEWEST PRODUCT!!!
    (commission 2% min R57/card fee R100 excl. vat)
    A Preloaded Visa Electron Debit card is the new way of taking your holiday spending money abroad. We'll load your spending money onto a card in Sterling, Euros, or US Dollars, which you can withdraw cash from any VISA atm or swipe in shops, restaurants and hotels. With Cash Passport, you know you've got instant access to your spending money at any time, night or day, without having to queue to encash travellers' cheques or the risk of keep cash currency in your wallet.
    All the security of a traveller's cheque with the convenience of plastic.

  2. Foreign Notes
    (commission 1.5% min R57 excl. vat)
    We recommend that a small amount of foreign cash be purchased to meet incidental expenditure upon arrival in your country of destination. FX Africa can supply foreign bank notes in over 40 different currencies.

  3. Travellers' Cheques
    (commission 1.5% min R57 excl. vat)
    FX Africa offer American Express Traveller's Cheques. The worlds most recognized and accepted traveller's cheque available in 6 major world currencies. Traveller's cheques are refundable if lost or stolen, often within 20 minutes of reporting them lost.

  4. Bank Drafts and Telegraphic Transfers (commission 1% min R150 excl. vat)
    FX Africa are also able to transfer your travel allowance directly into a foreign bank account or supply foreign currency drafts for deposit to an account overseas.

General Forex Questions

  1. What are the current foreign exchange allowances?
    The allowances have increased to: R500 000 per annum per adult (12+) and R160 000 per annum per child (under 12 years old).

  2. How soon can I buy my foreign exchange?
    Foreign exchange can be bought 60 days prior to departure.

  3. 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.

  4. May one keep unused foreign exchange for further trips?
    No, according to the Reserve Bank rules, all foreign exchange needs to be re-purchased, through an authorised dealer, within a month of returning to South Africa.

  5. Why can't one purchase foreign exchange for Namibia, Lesotho or Swaziland?
    They form part of the common monetary area, for which there is no foreign exchange allowance. There are no restrictions to the amount in Rands that passengers take to Namibia, Lesotho and Swaziland.

  6. What does common monetary area mean?
    Those are areas where the South African Rand is used and accepted.

  7. In what format can one take foreign exchange?
    Foreign exchange can be bought in the form of traveller's cheques, foreign cash, drafts and cash passport cards.

  8. Are there any restrictions as to how much foreign cash one purchases?
    No, one is entitled to take one's full allowance in the form of foreign cash, credit card, draft or even traveller's cheques.

  9. What is a draft?
    A draft is like a cheque, but in foreign currency, which can be deposited or cashed at banks overseas.

  10. Can one accumulate one's allowance if not utilised during the current year?
    No, if one does not utilise one's allowance during the current year it falls away.