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Al Baraka Foreign Exchange

Al Baraka Foreign Exchange

Al Baraka Foreign Exchange is offered to you for your specific travel needs. 
Benefits you will enjoy -  

  • No commission
  • Competitive rates

Who Should Apply For Al Baraka Foreign Exchange?

Al Baraka’s Foreign Exchange is designed especially for existing and prospective clients who are:

  • Travelling overseas on business or on holiday
  • Embarking on a pilgrimage (Haj or Umrah)

How Do You Apply?

  • Visit our Athlone, Durban or Fordsburg branches to discuss your  foreign currency requirements with our Consultants

What Documentation Do You Need To Produce?

  • Bar-coded Identity Document
  • Valid passport
  •  Air ticket or e-ticket
  • A utility bill, not older than three months, for the verification of your residential address

For further information about ensuring FICA compliance, please contact staff at any of our branches.

Are You A New Client?
If you are a new client of Al Baraka Bank and are looking to apply for foreign currency, you should please; for FICA purposes, prior to applying for foreign exchange:

  • Complete an Al Baraka Foreign Exchange application form
  • Produce your bar-coded Identity Document
  • Provide an original – or certified copy – utility account, or similar, to facilitate the verification of your residential address. Such documentation should be no older than three months
  • Passport and airticket

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Albaraka Bank Ltd Reg No 1989/003295/06. Albaraka Bank Ltd subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. Albaraka Bank Ltd are an authorised financial services provider. Albaraka Bank Ltd is a registered credit provider in terms of the National Credit Act, 34 of 2005 (NCR Reg No NCRCP14).  An Authorised FSP No.: #4652