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pablojani

legal?

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pablojani

I have some USA dollars that I have had put away in an envelope for years. Recently I was wanting to sell them and somebody told me that it's illegal - in fact he said it is money laundering. The amount is $36. Can someone tell me if I am legally allowed to sell them? I don't think I can take them to a bank to exchange as I do not have an up-to-date passport.

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lilythepink

As it is not a big amount of money involved, I think you could take them to your bank and explain that you have had them for a while, don't know how you got them (or if you do, explain to them how) and could they please change into SA currency for you. Bear in mind that they charge fees for doing this! (I don't think you need an up-to-date passport for this).

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pablojani

No, sorry, the question is, is it legal to sell them on BoB or elsewhere? Not to exchange them at the bank.

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lilythepink

For an answer to that question, send a PM to Cuan. He may not reply until Monday as it is the week-end.

 

Admin, do you have an answer here perhaps?

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