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2.2 Payments of a personal nature - South African Reserve Bank

2.2 Payments of a personal nature - South African Reserve Bank

2.2 Payments of a personal nature - South African Reserve Bank

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Norms applied and factors consideredIn applying the norm that the allowances should be used for the purpose statedand should be reasonable, the Exchange Control will, inter alia, take the followingfactors into account:The duration <strong>of</strong> the visit abroad;the age <strong>of</strong> the applicant (elderly people may need more comforts) andphysical ability or disability;the purpose <strong>of</strong> the visit, which may influence the costs, e.g. foraccommodation;the countries to be visited;the composition <strong>of</strong> the estimated expenditure;the extent to which current allowances have already been availed <strong>of</strong>;andany other special circumstances pertaining to the request.Advance payments for land arrangementsTours, hotel accommodation, vehicle rental and ticketsAuthorised Dealers and ADLAs may effect advance payments in respect <strong>of</strong> tours,hotel accommodation and vehicle rental at the request <strong>of</strong> resident travel agentsand/or tour operators. In this regard, a facsimile copy <strong>of</strong> an overseas invoice ore-mail message, plus a covering invoice from the local travel agent may beaccepted. The invoice issued by the local travel agent must contain the nameand residential address <strong>of</strong> the resident traveller, as well as the foreign and/orRand amount.Persons eligible for a travel allowance who are not utilising the services <strong>of</strong> atravel agent or a tour operator, may, prior to the purchase <strong>of</strong> a passenger ticket,be provided with exchange to make advance payments or payments in full inrespect <strong>of</strong>:Tours, hotel accommodation and vehicle rental; andcosts <strong>of</strong> admission to drama, music, religious and similar festivals andsports events.provided that documentary evidence from the foreign beneficiary is submitted insupport <strong>of</strong> the request.The advance payments mentioned above must be deducted from the permissibletravel allowance.The eligible parties referred to above, who are representing a club, school,provincial or national team, etc., may, however, prior to the purchase <strong>of</strong> apassenger ticket, be allowed to make advance payments or payments in full inrespect <strong>of</strong> tours, hotel accommodation, vehicle rental and to cover the cost <strong>of</strong>admission to drama, music, religious and similar festivals and sports events,provided that documentary evidence from the foreign beneficiary is submitted insupport <strong>of</strong> the request.These payments may be made over and above the travel allowance granted to aresident traveller.(August '08) H4

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