Terms & Requirements

Please read carefully before using SwapXchange.

Requirements

  • Name match (mandatory): Your registered First Name and Surname must match the name on your PayPal account AND your South African bank account, exactly.
  • You must own both the PayPal account and the bank account.
  • You must upload a recent bank statement so we can verify the account holder.

Exchange terms

  • Rate: $1 = R14.7. Exchange fee: 10%.
  • Minimum exchange: $4. Maximum: $500.
  • Payments typically take 20–60 minutes, but may take up to 12 hours.
  • First exchange takes up to 1 hour due to verification.
  • If verification fails, funds will be refunded to your PayPal account.

Disclaimer

SwapXchange reserves the right to delay, decline, or refund any transaction that fails verification or appears fraudulent.

SwapXchange

A South African exchange service that converts PayPal USD balances into South African Rand and pays out by EFT to local bank accounts. Every exchange is reviewed and processed manually by our team.

Company

Legal

Support

    Important status: SwapXchange is a private currency-exchange service and is not a bank and not a regulated or licensed financial services provider. We are not authorised by, registered with, or supervised by any financial regulator, and we are not affiliated with or endorsed by PayPal or any bank. Funds held with us are not insured or guaranteed. Please read our risk disclosure before transacting.

    © 2026 SwapXchange