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- Buy foreign banknotes
- Use your card abroad
Make travel a pleasure
Travelling should always be a pleasure, whether business or leisure. Carrying foreign banknotes to pay for the small things makes it easier, and sometimes, more possible to experience the local culture when travelling abroad.
Who can buy forex?
You must be 18 years or older
You must be travelling abroad for pleasure or for business
You must have a Nedbank transactional or credit card account
Documents you'll need
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A valid passport
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If travelling by air, an air ticket indicating your departure from Lesotho
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For expatriates, a valid work permit and tax clearance certificate
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For business, a company letter authorising the proposed trip
Limits and restrictions
For holiday travel
- A limit of M1,000,000.00 has been set under the Single Discretionary Allowance which covers among others travel allowance for residents who are 18 years and above per year.
- Residents younger than 18 years are allowed to take up to M200,000.00 per year.
For business travel
- The CBL has allocated companies an Omnibus travel facility of M20 million for company employees travelling on company business and its allocation is at the discretion of the company.
Buy forex at your nearest branch
Find a branchFeatures and benefits
Use your bank card to pay for purchases as a safer alternative to cash while abroad.
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Your card gives you access to your funds on demand without having to visit a foreign exchange office
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You can use it at an ATM to make a withdrawal if you need cash overseas
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Reporting a lost or stolen card immediately secures the funds in your account
Please note that there are fees associated with foreign transactions on your card.
Seamless card payments
Enable your Nedbank transactional card for seamless payments while you travel.
Swipe or tap to make cashless payments and purchases, or use your card to get cash from local ATMs.
This is just one of the innovative features available to Nedbank clients, so click below to explore our transactional account options.
Planning a trip? Find out more our forex services at your nearest branch
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Switch to Nedbank, hassle-free. To open an account online, simply click below and follow the steps provided to complete an application for a Nedbank account.
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