South Africa (ZA)
South Africa combines English-friendly professional life, major finance and tech hubs, relatively affordable private healthcare and housing, world-class nature, wine regions and a complex but vibrant post-apartheid society.
Currency & Money
Practical money tips for living in South Africa.
Denominations
Banknotes: R10, R20, R50, R100, R200. Coins: 10c, 20c, 50c, R1, R2, R5.
Payment Culture
Card, tap-to-pay and QR payments are common in cities, but cash is still useful for parking guards, informal markets, rural shops and tips. Keep small notes and avoid flashing cash.
ATM Tips
Use ATMs inside bank branches, malls or supermarkets. Decline help from strangers at ATMs and cancel the transaction if the card slot looks tampered with. Card skimming and shoulder-surfing remain real risks.
Exchange Tips
Use banks or regulated bureaux de change. Wise, Revolut and bank SWIFT transfers are common for larger amounts; compare spread plus fee. Exchange-control rules matter for residents moving money offshore.
Pro tip: Best apps for expats
- • Wise — Send money internationally at near-interbank rates
- • Revolut — Multi-currency account, free ATM withdrawals (limits apply)
- • N26 — German IBAN, free account, good for EU residents