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: $1000.
- 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.