We understand this, so make us your first stop for foreign exchange. It is important to find out what type s of foreign exchange product s is accepted in the country you will be visiting, as this will help you to decide which travel forex product to use.
For these countries it would be better to take cash. Where possible, it is a good idea to carry a mixed purse of products - cash to pay for things such as taxi fares and tips, a TravelWallet card or Travellers Cheques, and your debit or credit card as a back-up option. Our Direct Delivery service will deliver your foreign exchange to you at an approved business premises. As you do with rand notes, you should also look out for fake foreign notes. There are a number of security features embedded within banknotes that can help you determine the authenticity of the note.
Below are a few basic features that can help you in this regard: Travellers cheques When accepting travellers cheques, your client should countersign the travellers cheque in front of you. You need to check that the two signatures on the cheque match. Below are some other security features you should look out for when accepting American Express travellers cheques:. Welcome to South Africa Whether you are visiting South Africa for business or you are a South African company hosting delegates from overseas, we can help with all your foreign exchange requirements.
You have access to more than Standard Bank outlets around South Africa where you can exchange your travellers cheques and foreign banknotes for South African rand. We accept foreign banknotes in all major currencies, such as the US dollar, Euro, British pound, Australian dollar and many others.
If you are concerned that your money might get lost or stolen while you travel, why not load it onto a TravelWallet card? Bank wherever you are. Foreign exchange When you're planning a business trip, whether it's for an important business meeting or a conference, there are always many things to organise. Qualifying criteria We will deliver your foreign exchange within 24 hours of receiving the order, depending on the cut-off time, at a set fee Your account can be debited directly with the transaction This service is only offered to Standard Bank customers We only deliver to approved business premises in: If you need a new passport, bear in mind that the Department of Home Affairs' processing time is at least six to eight weeks.
Frequent flyers can apply for a maxi-passport with additional pages. If your new passport isn't likely to be ready in time, you can apply for an emergency passport. This generally takes about seven days and the passport will be valid for about 12 months. Note, however, that a number of foreign embassies are not keen to grant visas on an emergency passport.
If you are a foreign passport holder with permanent residence in South Africa, make sure that your re-entry permit is still valid. Application processes can be cumbersome, and for a multi-country trip, costs may add up.
Some embassies require that you apply in person or attend a personal interview. The best approach is to fulfil each embassy application requirements to the letter. Most embassies publish their requirements, fees and preferred methods of payment on their websites. Take care to apply for the right type of visa, for example single entry, multiple entry, tourist or business. When applying for a visa, you may be asked to provide a visa letter from your bank.
Our customers can obtain this letter from any of our foreign exchange outlets. Also, if you buy your foreign exchange from us we will provide this service to you free of charge. Immunisation against diseases, such as yellow fever, tetanus, cholera, typhoid and hepatitis A, may be a compulsory entry requirement at your destination, or recommended by health authorities. It is worth doing a pre-departure check on the health regulations and conditions of your destination. Leaving home without medical cover can be risky and expensive and the implications of falling ill in strange surroundings are considerable.
It is advisable to take out travel insurance with medical cover before you leave. If you would like to know more about the travel insurance cover we offer, call Standard Bank Insurance Services at Remember, if you pay for your ticket with your Standard Bank credit card you will receive free basic travel insurance cover terms and conditions apply. The weight allowance for baggage is generally dependent on the airline you are going to travel with. They often specify the maximum suitcase dimensions permitted, so check baggage requirements with them.
If your bags exceed the weight limit, you may be liable for excess baggage charges and these are applied to varying degrees by the airlines. As a general rule, passengers have been allowed to board an aircraft with one overnight bag of 6kg to 7kg. In the past, laptops, handbags or small briefcases could be carried separately, but a new wave of stricter airport security regulations has seen this fall away in some instances.
If you are travelling overseas you will need to follow new international security regulations, commonly known as LAGs.
LAGs stands for liquids, aerosols and gels and refers to the new international security regulations that limit the quantity of these items allowed in your hand luggage. When taking any LAGs in your hand luggage you must ensure they are in containers of maximum ml each. They must be packed in a 20x20cm transparent, re-sealable plastic bag. The total bag capacity must be a maximum of 1 litre. Only one bag is allowed per passenger and it must be shown at airport security.
LAGs apply only to international flights. Here are some tips to help you make your trip as comfortable as possible, and avoid jetlag: Drink plenty of water Avoid crossing your legs Walk around the cabin whenever you can Wear loose fitting, comfortable clothes.
Entry and customs declaration forms are usually distributed by cabin staff during the flight. We suggested that you complete these and have them ready when you disembark, along with your passport. Your first stop on landing will be passport control. You will then pick up your luggage from the designated carousel and pass through customs. Make us your first stop to convert your foreign exchange back to rand. We accept foreign notes in the following currencies: The process to deposit travellers cheques is similar to depositing rand cheques.
It could take some time before the funds reflect in your account, as the cheques must be cleared before your account is credited terms and conditions apply. You will be charged a fee to convert foreign notes and travellers cheques. You can exchange foreign notes and travellers cheques at any Standard Bank foreign exchange outlet.
Tips on detecting fraudulent foreign notes As you do with rand notes, you should also look out for fake foreign notes. Security thread - the security thread should also only be visible when held up in direct light or under UV light and has the word "Euro" and the denomination of the note is imbedded within.
Below are some other security features you should look out for when accepting American Express travellers cheques: A watermark of the Centurion is visible when the travellers cheque is held to the light. The holographic foil shows shifting images of the currency and denomination, the Centurion and the American Express Logo when lifted. A security thread reading "Amex" is embedded in the Travellers Cheque and can be clearly seen from both sides when held up to the light.
The smudge test on the back of the travellers cheque shows that both left denomination panels will smear when wet and the right panels do not. Payments and transfers International payment also known as telegraphic transfers Inward and outward international transfers are safe, convenient and cost-effective. You can use them for investing, or as payments for imports or other international services, into and out of South Africa.
Bank drafts This is a bank cheque in rand or any other currency that can be used to make payments to a beneficiary. Clean bills of exchange foreign cheques Are your business receiving funds in the form of a foreign cheque for services rendered? TravelWallet Receiving cash and don't yet have a Standard Bank account? Take out a TravelWallet card with us and have the money loaded onto the card. Exchange control All foreign exchange transactions in South Africa are subject to exchange control regulations, which are governed by the South African Reserve Bank.
Help me decide -- Select -- Pre-approval Vehicle and asset finance. Work with us Join our international team and you could move your career forward from the start. The Banking App Safer payments. Inward and outward international transfers are safe, convenient and cost-effective. This is a bank cheque in rand or any other currency that can be used to make payments to a beneficiary. Receiving cash and don't yet have a Standard Bank account?
All foreign exchange transactions in South Africa are subject to exchange control regulations, which are governed by the South African Reserve Bank.More...