A bank draft is normally sent directly to an overseas beneficiary. Seeing as they can be accompanied by a letter, invoice or note, drafts are a personal way to make payments.

Send monetary gifts overseas
Available in selected currencies 
Drafts can be stopped if lost or stolen

How it works

Things you need to know
  • Bank drafts are normally sent directly to the beneficiary overseas and can be accompanied by a letter, invoice or personal note.
  • Drafts are useful for sending monetary gifts overseas and for paying foreign subscriptions.
  • They can also be used to pay for land arrangements (hotel stay, touring activities, etc.) for your upcoming trip overseas.
  • Drafts can be used as travel funds.
  • After drafts are deposited, there is normally a delay of several days for clearance before you can withdraw cash.
  • Drafts are available in selected major currencies at selected bank branches.
  • Lost or stolen drafts can be stopped and replacements issued (subject to terms and conditions).
What you need to apply for a bank draft
  • A valid ID
  • Supporting documentation for exchange control requirements

Whether you’re an Absa client or not, you’re welcome to contact us to see how we can assist you.

Need more help?

Let one of our consultants help you apply for a bank draft.

Call us on:

0860 151 151  |  011 350 8851

Email us at:

forex@absa.co.za

Find your nearest Foreign Exchange Branch