Banking

Ease your financial transition when moving to South Africa by learning everything you need to know about local banking, accounts, payments, and cards.

Banking in South Africa: the best banks for expats in 2026

Here’s a listing of banking institutions in South Africa, including the monetary authority, locally controlled banks, branches of international banks and banking-related organisations in South Africa.

People standing in line at an ATM outside a Pick N Pay supermarket in Camps Bay in Cape Town, South Africa

How to open a bank account in South Africa in 2026

Can foreigners open a bank account in South Africa? This guide explains how to open a bank account in South Africa as a resident, plus conditions for non-resident bank accounts in South Africa.

Woman holding a credit card as she pays for her online shopping.

Mobile banks and banking apps in South Africa

If you’re moving to South Africa, you won’t need to pack your checkbook. We outline what you need to know about mobile banking in the country.