Money

CURRENCY AND FOREIGN EXCHANGE
South African currency is measured in Rands (R) and cents (c). There are one hundred cents to the rand; notes are issued in R200, R100, R50, R20 and R10 denominations and coins in R5, R2, R1, 50c, 20c, 10c and 5c. Exchange foreign currency at any commercial bank. American Express, Thomas Cook, Rennies or Diners Club International offices or Bureaux de Change can be found in the larger centra. Credit cards: South Africa has a modern banking & commercial system and most shops & hotels will accept credit cards.

BANKING HOURS
Most banks open from 09:00 to 15:30 Monday to Friday and on Saturdays from 08:30 to 11:00.

CREDIT CARDS & TRAVELLERS CHEQUES
Most international credit cards and travellers cheques are accepted at formal businesses, but expect to pay cash at informal, road side markets (for safety’s sake, choose markets that are frequented by tourists and are on main thoroughfares).

VAT (VALUE ADDED TAX)
Currently at 14%. VAT is included in the price of nearly all goods and services, meals, accommodation, etc. Goods consigned or delivered overseas are exempt at point of sale. Collect receipts for your higher-value purchases for a VAT refund.