All foreign exchange transactions in South Africa are subject to Exchange control rules and regulations, which are governed by the South African Reserve Bank. Absa caters for various exchange control payment options such as:
- Overseas gifts
- Travel allowances
- Land arrangements
- Maintanance payments/alimony
- Conference payments
- Emigration allowances
- Study allowances
- Membership fees
The above are just some of the catagories we can assist you with. Speak to us for assistance before making any international payments. Our expertise and friendly service may just save you some money - local and foreign!
All foreign exchange dealings transacted in South Africa are subject to Exchange control rules and regulations as prescribed by South African Reserve Bank.
South Africa, Lesotho, Namibia, and Swaziland as a group are known as the Common Monetary Area. Even though they have their own currency, these coutries accept South African Rands. More
Not a resident, but need access to a bank account? No problem - we can help you! More