Banking offered by Bidvest Bank

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.

GPO platform

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.

Benefits include:

1.            You are able to exchange currency with great ease

2.            Allowances for travel and subsistence management

3.            Financial observance

Overview

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

MoneyGram

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