Bank drafts are foreign currency cheques that can be drawn at a bank abroad. Drafts are useful for sending monetary gifts overseas, for the payment of foreign subscriptions and for import purchases.   Read more

It is advisable that, when planning to travel abroad, a small portion of the travel allowance is foreign bank notes of the country first visited.  Read more

SWIFT (Society for Worldwide Interbank Financial Telecommunications) is an electronic payment method used to move money between banks and currencies. It is the most common form of transferring payments across the globe.   Read more

Travellers cheques can be used as cash to pay for goods, hotel accommodation and tours. They can also be exchanged for banknotes. Nedbank issues only American Express traveller’s cheques.   Read more