The following are some of the best institutions where you can get these services easily and safely.
- Forex Albaraka bank
- Forex trading bank Absa.
- South African Habib bank
- South African branch of Chase Bank
- Standard Bank of South Africa Ltd.
- Mercantile Bank Limited and FirstRand Bank Ltd.
- The Nedbank Group Limited
How do you exchange dollars for rands?
1 US dollar equals 17.2981 South African Rand at the current exchange rate.
What documents are required to exchange foreign currency in South Africa?
- Do you have any foreign currency in your pocket? What you need to know about Forex trading in South Africa.
- Identification and passport are required.
- Proof of travel, where applicable.
- Proof of residence, no older than three months.
- To exchange currency in-branch, you do not need to have a banking account with a specific financial institution.
What is the maximum currency you can exchange?
Is there a limit on large currency exchange? Most countries have no legal restrictions on currency exchange.
Where can I get my dollars exchanged?
The best rates are usually found at local banks and credit unions. Major banks, such as Chase or Bank of America, provide the added benefit of having ATMs in foreign countries. Travelex, an online bureau or currency converter, offers convenient foreign exchange services.
