About Bidvest Bank
With our specialising strategy combined with sensible lending values, we are proud to announce that we were upgraded by Moody’s Financial Services, improving Bidvest’s rating from A1 to Aa2 increased by two notches.
Bidvest is a leading second-tier bank; we are a subordinate to Bidvest Group Limited.
Our approach to historical forex- and fleet focused customer base is one of personal and business banking.
We offer investment products such as Loan Accounts and Bank accounts for your business.
Bidvest will assist you to manage your business as efficiently as possible; we have a range of banking products designed for your business to use at any given opportunity of your business lifecycle, this would include bank accounts, Investment products, loans, and advances.
Our consultants are trained to give you the expert advice according to the particular needs of your business.
Personal banking for individuals
Should you be looking for a saving or fixed deposit account or even perhaps wanting to invest some money ashore or get a business loan, we offer a personal deposit or investment product, at highly reasonable interest rates plus you have saving period options.
Bidvest Bank Services
We also have local market experts with an abundance of knowledge in the foreign exchange industry. Our consultants are a dedicated team and will assist with any question or queries you may have.
Why not earn interest while having instant access to your cash. We also offer perosnal cash loans.
We have a 41 day Investment period
Fixed deposit account
We offer great interest rates for investments that are fixed ranging from a period of 1 to 12 months
Customer foreign currency account
Streamline your foreign exchange transactions
Corporate payment card solution
For your daily staff-related expenses, we offer an easy payment (includes pre-funding) solutions.
Loans and advances
Our business loans are economical with rates designed to suit the essentials of your business.
Your prime choice in Corporate Foreign Exchanged as well as Foreign travel and trade currency solutions offered.
Bidvest Bank Product Details
- Loan Type Banking
Summary of Services
Bidvest bank - We get it done
With our longstanding legacy in foreign exchange services, Bidvest Bank would be the best choice for your business’s forex requirements, in other words, your go- to bank.
Businesses that are in the importing and exporting industry that require international payments our Bidvest Global Payments Online platform allows business clients to pay and receive their payments online.
To facilitate seamless payments Bidvest offers a GPO platform, which enables you to be linked to a Bidvest Business Bank Account thus giving Business Bank access to reasonable exchange rates, you can also upload trade documentation online. We also offer short term loans and a range of other lending options for individuals and businesses.
You can rest assured that you will have peace of mind with our Forex Management not only for you but also for your employees’ foreign exchange for international business travel.
1. You are able to exchange currency with great ease
2. Allowances for travel and subsistence management
3. Financial observance
Bidvest caters for whatever suits your needs, be it to invest your money or keeping it in a safe place we will find an account that will suit your banking needs best
If you prefer to take your money even further we offer a Bidvest foreign Currency Account and this allows you to invest offshore whilst the Notice Account is an investment account that will allow you more flexibility. Our investors have a choice of short-term fixed deposit accounts from as little as one month the flexible Call Account is more flexible though and is for unlimited investment periods
Bidvest will protect your cash should you have the need to move it ashore, it is suitable and flexible with our bank's network of branches.
The best of all is, is that you don’t even need a bank account or credit card. Fill in one simple application to apply for a MoneyGram transfer and submit the required documents, it will take 10 minutes for your money to be where it’s needed.
Use your Bidvest account to send or receive money through the branch network, there is need to carry your MoneyGram transfer around in cash.
Vehicle operating lease
Bidvest offers a vehicle leasing platform, the purpose of this is so that you attain a vehicle for your business on a fairly short-term base, this is also known as the Operating Rental which offers the same benefit as that of a Full Maintenance leasing, your costs are pre-determined and fixed. You don’t need to worry about taking the risks of ownership and having that capital outlay.
The Full Maintenance Leasing option does not cover the costs of maintenance, repairs but there is an option of the Bolt-On maintenance plan
Protect yourself from fraud
Once you have wired cash it is impossible to be returned in other words wiring money is effectively like sending cash
Use common sense and follow these tips. Identify and make absolutely sure that the money you are wiring is someone you know. Don’t think that this will never happen to you.
If you have been scammed:
Go to your local police station and report the incident immediately. For any further information on how you can protect yourself from fraud, visit the MoneyGram website
Customer Reviews & Testimonials
Applying for a bank account was no trouble at all. All I had to do was go online, fill in the application form and send it. That easy and I didn’t have to leave my house to do it.
— Rustenburg —
I’m so grateful to Bidvest Bank for how they’ve assisted me with growing my business. It’s because of their expertise that we’ve managed to keep getting bigger and better over the years.
— Worcester —
Bidvest Bank’s investment rates are very competitive and their investment options are very flexible to any customers’ needs.
— Durban —
Bidvest Bank Contact Details
- Shop 102, Lower Mall Main Entrance, V & A Shopping Centre, Victoria Wharf, Victoria & Alfred Waterfront, V & A Waterfront Cape Town Cape Town City Center 8001 South Africa
- Get Directions
- PO Box 185, Johannesburg, 2000, South Africa
- Monday 09:00 – 21:00
- Tuesday 09:00 – 21:00
- Wednesday 09:00 – 21:00
- Thursday 09:00 – 21:00
- Friday 09:00 – 21:00
- Saturday 09:00 – 21:00
- Sunday 10:00 – 21:00