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.

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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