says the existing 50 local American Express Foreign Exchange branches will be rebranded to Travelex and the combined footprint will grow to 80 outlets. He says the local travel-related foreign exchange market is valued at R25 billion excluding credit card purchases.
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Salary: R276,180, mercantile Bank, avg. Integrated tourism group Tourvest will have all its local foreign exchange outlets rebranded by June when its 20-year franchise agreement with American Express Foreign Exchange comes to an end. These are interbank rates, which are the rates at which banks exchange with each other. Taking money out of South Africa can be complex; working with exchange control regulations and knowing how much money you can transfer out of South Africa requires expert knowledge and understanding. Antoinette Slabbert / 14 February 2019 00:22, no comments so far.