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Banking Options in Cape Town

This section outlines the nature of the retail banking system in South Africa, along with the local facilities for executing international transfers. There are details of the major local banks, along with those of foreign banks with local representation, and explained the necessary procedure when it comes to opening a South African bank account.

Top Tips

01 It is critical to ensure you have the correct visa before you arrive as you will need to return home to make changes if you have the wrong visa.
02 Safety should be a top priority. Sign up with a good security company and ensure your home is fitted with the latest security equipment.
03 Wear sunglasses and sunscreen throughout the year. The UV rays in South Africa are extremely strong.
04 Be adventurous, not stupid. Whenever you go on a new hike or nature walk, do it with a local who knows the route and the time it takes to get back.
05 Follow the networking process. Join a few expatriate clubs. It’s a lot easier to travel the grapevine between social scenes than to jump into on

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Interesting fact

The median age in the city of Cape Town is 26 years old, with almost half the population less than 24 years old.
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