Why get Foreign bank notes when travelling?
You can use these banknotes to pay for cash purchases such as taxi fares and porter and hotel staff tips, which you cannot pay with your Nedbank Travel Card.
Who qualifies?
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Individuals travelling overseas for holiday or business purposes.
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Individuals who have a valid passport.
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Non-Nedbank clients with a valid identity document or card.
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Individuals travelling for business purposes with a valid business and an omnibus letter from the business.
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Individuals who have travel documents, departing from South Africa.
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Travel documents include a valid e-ticket, bus ticket or confirmation of the border post if you travel by car.
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You must be at least 18 years old to buy foreign banknotes.
More information
- The amount of money that you can take out of South Africa when travelling abroad is subject to exchange control limits set by the South African Reserve Bank (SARB).
- If you are 18 years or older, you may take out up to R1 million per year in travel allowances.
- Children younger than 18 may take out up to R200 000 per year.
- Company employees may take out up to R20 million when travelling for business purposes.
Please note:
- Important: In line with SARB regulations, you can buy currency from 60 days before your travel dates and should return any unused currency within 30 days of your return.
- If you order R20 000 or more, we will deliver your foreign banknotes to you for free.