Inter Africa Bureau de Change

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Western Cape » Cape Town » Cape Town City Centre
Bureau de Change

Inter Africa Bureau De Change is licensed by the South African Reserve Bank as an Authorised Dealer in Foreign Currency with Limited Authority (ADLA). Under our license we can process transactions for individuals, related to their Single Discretionary Allowance, as prescribed by the Exchange Control Rulings.

According to Exchange Control Ruling B.4 (A) paragraph (i),

“Residents (natural persons), who are over the age of 18 years may be permitted to avail of a single discretionary allowance within an overall limit of R1,000 000 per individual per calendar year, without the requirement to obtain a Tax Clearance Certificate, to cover the following discretionary allowances:

(a) Donations to Missionaries

(b) Maintenance Transfers

(c) Monetary Gifts and Loans

(d) Travel Allowance

(e) Study Allowance”

Inter Africa Bureau De Change can also approve applications by firms/companies for Omnibus Travel Facilities up to R10 million per calendar year, for allocation at the discretion of the firm/company.

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Contact Details

Address

  • Shop 33A Picbel Parkade
  • 58 Strand Street
  • Cape Town
  • 8001

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