American Express Foreign Exchange Services always provides competitive market rates for conversion of foreign currency. Please find below a list of commissions and other charges which are ordinarily levied in relation to foreign exchange transactions. These charges are also similar to those of our competitors.

For large or regular purchases we may offer discounts on these charges please contact your nearest branch for details.

Travellers Cheques – US$ and Sterling 1,5% commission (minimum R40)

Travellers Cheques – other currencies 1,75% commission (minimum R40)

Foreign Cash 2,0% commission (minimum R40)

Drafts – US$, Sterling, Australian Dollars and Mauritian Rupees 1,00% commission (minimum R40)

Other Drafts – 1,00% commission (minimum R100)

American Express Travellers Cheques - 1.0% commission (minimum R40)

All other travellers cheques - 1.5% commission (minimum R40)

Foreign Cash - 2,0% commission (minimum R40)

Stop Payments on Drafts R100

Applications for Additional Allowance

Written – 5 weeks prior to departure R75

Telex – 2–5 weeks prior to departure R150

Telex and phone less than 2 weeks

prior to departure R250

Omnibus R300