South Africa's currency is the South African Rand (ZAR), which offers visitors great value for money. The rand comes in a range of coins (R1 = 100 cents) and note denominations of R10, R20, R50, R100 and R200.

Value-Added Tax (VAT)
South Africa has a value-added tax of 14% on purchases and services. Foreign visitors can reclaim their VAT on collective purchases of more than R250 at the VAT refund office which is located at Cape Town International Airport.

Banking Hours
Weekdays: 9:00 am – 3:30 pm
Saturdays: 8:30 am – 11:00 am
Sundays: Closed
ATMs are widely available.

Credit Cards
South Africa has a modern and sophisticated banking and commercial system, and most shops, restaurants and hotels accept major credit cards.

Tipping
As a rough guide: give 10% to 15% to a waitron in a restaurant and approximately US$ 3 (or equivalent) to hotel porters and taxi drivers.

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