Cape Town Travel Guide
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Banking in Cape Town

The banking system in South Africa is well developed and efficient. There are four major banks. These are ABSA, First National Bank - FNB, Nedbank and Standard Bank. All four banks offer foreign exchange services.

Credit cards are widely accepted in major stores around the country. Travellers cheques are a good option but will not be accepted as widely as credit cards.

Access to ATMs is widespread in urban areas and also available in towns in rural districts. Be aware of your surroundings and avoid withdrawing money from ATMs at night.

The retail banking hours of operation are from 9 am to 3:30 pm, Monday to Friday with some banks open on Saturday mornings.


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