ABSA Bank Limited
Ace Currency Exchange (Pty) Limited
Albaraka Bank Limited
Ayoba Foreign Exchange (Pty) Limited
Bank of Baroda (SA branch)
Bank of China Johannesburg Branch
Bank of Taiwan (SA branch)
Bidvest Bank Limited
Calyon Corporate Bank: Crédit Agricole (SA branch)
China Construction Bank, Johannesburg Branch
Citibank, South Africa
Deutsche Bank AG (Johannesburg branch)
EuroDollar Foreign Exchange (Pty) Limited
FirstRand Bank Limited
Forex World (Pty) Limited
FxAfrica Foreign Exchange (Pty) Limited
Global Foreign Exchange (Pty) Limited
Habib Overseas Bank Limited
HBZ Bank South Africa
HSBC (Johannesburg branch)
Imali Express (Pty) Limited
Inter Africa Bureau de Change (Pty) Limited
Investec South Africa
JPMorgan Chase Bank (Johannesburg Branch)
Master Currency (Pty) Limited
Mercantile Bank Limited
Nedbank Limited
Rand Bureau de Change (Pty) Limited
Sasfin Bank Limited
Sikhona Forex (Pty) Limited
Société Générale
South African Bank of Athens
Standard Chartered Bank – Johannesburg Branch
State Bank of India South Africa
The Standard Bank of South Africa Limited
Tourvest Financial Services (Pty) Limited trading as American Express
Tower Bureau de Change (Pty) Limited
Trading
List of Foreign Exchange Banks in South Africa
Published by Gbaf News
Posted on April 22, 2013
1 min read· Last updated: September 23, 2024
Key Takeaways
- South Africa hosts a wide range of foreign exchange banks, including both large commercial banks and specialized forex bureaus.
- Major domestic banks offering FX services include ABSA, FirstRand (FNB/RMB), Nedbank, Investec, and Standard Bank.
- Several international banks maintain branches or subsidiaries in South Africa for forex services, such as Citibank, HSBC, Deutsche Bank, and State Bank of India.
- Numerous local bureaux de change and FX specialists—like Ace Currency Exchange, Forex World, and Tourvest (American Express)—are authorized for travel-related FX transactions.
- Bidvest Bank (formerly Rennies Foreign Exchange) operates a large retail FX network and remains a key player in currency exchange.
References
Frequently Asked Questions
Which domestic banks in South Africa offer foreign exchange services?
Major South African banks like ABSA, FirstRand (FNB/RMB), Nedbank, Investec, and Standard Bank provide extensive forex services.
Which international banks have forex branches in South Africa?
International banks with forex branches include Citibank, HSBC, China Construction Bank, Bank of China, Deutsche Bank, JPMorgan Chase, Société Générale, and State Bank of India.
Are there specialized FX bureaus in South Africa for travel-related exchanges?
Yes, licensed FX dealers for travel include Ace Currency Exchange, Forex World, Global Foreign Exchange, Imali Express, and Tourvest (American Express), among others.
What network does Bidvest Bank operate in FX services?
Bidvest Bank (formerly Rennies Foreign Exchange) operates a large retail network with over 90 foreign exchange outlets across South Africa.
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