Exchange of old R200 banknotes
Old R200 banknotes may be exchanged at the South African Reserve Bank Head Office teller and Branches in Bloemfontein, Cape Town, Durban, East London, Johannesburg and Port Elizabeth. Details regarding each Branch may be obtained by clicking here.
08h30 to 12h00 (Monday – Friday)
Limitation on amount exchanged
The Bank's branches will exchange amounts up to R10 000 and any amount in excess will have to be credited into individuals / company bank accounts. Clients must supply the following information as is required by Financial Intelligence Centre Act.
1. Positive identification: ID / Passport document
2. Commercial bank account details
3. Source of Income / Origin of the funds
4. Proof of residence (e.g. electricity bill; rates and water accounts;
Did you know that all notes and coins ever issued in South Africa remain legal tender? Okay, almost all.
In 2010 the Reserve Bank “recalled” the pre-2005 R200 note, and the few that remain in circulation may not be presented for payment; they may only be exchanged at a branch of the Reserve Bank.
That is the only note that is no longer legal tender.
The best way to spot this recalled “leopard” R200 note is this: It does not have a row of five diamonds on it, beneath the leopard’s face, which the later, more counterfeit-proof “leopard” R200 note does.
All the “diamond” notes remain legal tender, as do all the other notes and coins ever produced.
Legal tender only if in circulation which it isn't. It was replaced with a new note. Try giving a German a 1 million old Deutschmark note, it may have been legal tender after ww2 but it isn't now. So legally they only need to accept what is currently in circulation. You calling it old is exactly that.
Your only stop is the reserve bank, none of the banks normally will accept it. Also they will put it under uV light to see if it's real. Same with other notes and bank cards that also glow under uv notes (not many know this).
If it's fake they will ask you a lot of questions especially since you're only using it now, after it went out of circulation a while ago. If it's fake they can refuse to accept it, even if real they can also refuse.