3.3 Travel allowance (South African Resident Individuals)

3.3.1
Individuals may also use the single discretionary allowance to avail of a travel allowance through an Authorised Dealer or ADLA subject to the following conditions:

(a)
individuals, who are under the age of 18 years may not avail of a single discretionary allowance as outlined in subsection 3.1 above, but may avail of a travel allowance not exceeding an amount of R200 000 per calendar year;

(b)
individuals may not avail of a travel allowance more than 60 days prior to their departure and must present a valid passenger ticket when travelling by air, bus, rail or ship;

(c)
foreign currency may be availed of in foreign currency notes or traveller’s cheques. The travel allowance may be transferred abroad to the traveller’s own bank account and/or spouse accounts, but not to the account of a third party. Minors travelling with parents, may have their travel allowances transferred to their parents’ bank account abroad;

(d)
bank credit and/or debit cards may also be used to avail up to 100 per cent of the authorised prescribed or remaining allowance;

(e)
in the event of any contravention of the provisions of the Regulations a cardholder may be deprived of the use of all cards apart from being liable to prosecution;

(f)
any unused foreign currency must be resold within 30 days to an Authorised Dealer or ADLA upon return to South Africa. However, business travellers going abroad on recurring business trips, where the next business trip is to commence within 90 days after returning from a previous business trip, any unutilised foreign currency may be retained by the traveller for use during subsequent business trips;

(g)
up to R25 000 in Rand notes, per person, may be taken in addition to the travel allowance, when proceeding on visits outside the CMA, to meet the travellers’ immediate needs on return to South Africa;

(h)
a travel allowance may only be accorded by an Authorised Dealer or ADLA to a travellers abroad, without returning to South Africa, provided that the annual limit is not exceeded; and

(i)
foreign currency may be purchased by foreign diplomats, accredited foreign diplomatic staff as well as students with a valid student identity card from other CMA member countries whilst in South Africa. CMA residents, in South Africa, may be accorded foreign currency to cover unforeseen incidental costs whilst in transit, subject to an Authorised Dealer or ADLA viewing a passenger ticket confirming a destination outside the CMA.