Rating based on 14 reviews

Bidvest Bank

Updated
  • Global network
  • Foreign exchange
  • Worldwide banking

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Bidvest Bank homepage
Author Bidvest Bank. Screenshot of Bidvest Bank website.
[Accessed January 31, 2023]

Bidvest Bank - Quality banking products

With Bidvest Bank, you can enjoy quality banking products.

Expert advice

Their consultants are trained to give you expert advice on your personal and business loans.

The Bidvest Group timeline

2000:

The Bidvest Group better known as Rennie's bank receives its banking licence.

2007:

Rennies Bank is rebranded to Bidvest Bank.

2008:

The Flagship Foreign Exchange product was launched.

2009:

Savings and Investment account fleet finance and management services were launched to market.

2011:

Bidvest launches Personal transactional banking.

2015:

They launched business transactional banking.

2018:

The Bidvest Bank Grow Account is launched.

2019:

They launched their new service call centre to ensure that clients get amazing service.

2020:

The Western Union money transfer is launched and it is available on the mobile app.

They have local market experts

The Bidvest Bank Grow Account will allow you to grow your money, save and transact.

It will offer you the potential to earn interest on a positive balance, and an Easy Equities account to trade shares.

Fixed deposit account

They offer great interest rates for investments that are fixed ranging from a period of up to 12 months. Pensioners over 55 qualify for special rates on the 12-month fixed deposit.

The Bidvest Bank Mobile App

Manage your everyday finances easily with the Bidvest Bank Mobile App.

It offers instant access to your investing future and banking, and you will be able to make payments, transfer money, do balance enquiries, download statements, manage your beneficiaries and so much more. The Bidvest Bank Mobile App is available for both Android and iOS phones.

Keeping vehicles on the road cost-effectively

Banking with Bidvest you will have access to fleet maintenance which will reduce the risk of vehicle running costs. They combine their industry relationships and management capability to lower the administration overhead for vehicle operators. `

World Currency Card™

The multi-currency travel card can be loaded with up to 17 currencies and can be used worldwide except in South Africa, Lesotho, Swaziland, and Namibia.

The card can be managed on their website and their mobile app allows a view of balances and transactions.

Bidvest Bank’s goal is to offer its clients amazing banking solutions and to turn every opportunity into success. They pride themselves in offering clients the latest forex, fleet, business, and personal financial services.

Bidvest Bank has a level 3 B-BBEE Status

As a proudly South African company, they believe in the importance of transformation. Their positive investment and contribution are an example of their commitment as a Level 3 B-BBEE contributor.

The Bidvest Group obtains 100% of The Rennies Group, including the Rennies Foreign Exchange business.

Bidvest Bank – Banking product

  • Loan Type Banking

Benefits of Bidvest Bank

  • Foreign Exchange
  • Banking Services
  • Savings and Investments

Bidvest bank - They get it done

International money transfers can be done effortlessly through MoneyGram, sending and receiving money has never been easier, affordable, and safe.

Follow these hassle-free steps to open a MoneyGram account:

Step one:

Visit a Bidvest Bank branch with your ID, Passport, Refugee seeker's permit and relevant documentation.

Step two:

A friendly consultant will capture your details and provide you with an 8-digit transaction identification number.

Step three:

You would need to provide the recipient if you have sent money with the relevant Money Transfer reference number.

The receiver can collect the cash from the Money Transfer agent in the beneficiary country.

Receiving a money transfer using MoneyGram

  • Obtain the Money Transfer reference number from the sender.
  • Visit a Bidvest Bank branch, with your relevant documents including identification and proof of residence.
  • A friendly consultant will process your information.
  • Once approved, you will receive your transaction playout in rands.

MoneyGram can be used for sending money

MoneyGram is a safe and secure way to send money to people you know and trust. If you suspect fraudulent acts, their professional staff will be available to assist you through their call centre.

Protect yourself from fraud and follow these helpful guidelines

  • Never send money to a stranger.
  • Make sure you use a trusted brand.
  • Beware of deals or opportunities that might look like scams.
  • Never reveal your Money Transfer Details.

Trust in a leading South African bank with your finances. Trust in Bidvest Bank.

Bidvest Benefits

  • Foreign Exchange.
  • Banking
  • Savings and Investments.
  • Worldwide banking.
  • Friendly and helpful staff that can assist you with all your banking

Customer Reviews & Testimonials

April 2019

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.

Fikile N
— Rustenburg —

February 2019

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.

Robi P
— Worcester —

November 2018

Bidvest Bank’s investment rates are very competitive and their investment options are very flexible to any customers’ needs.

Desmond D
— Durban —

August 2021

Bidvest Bank’s investment rates are very competitive, and its investment options are very flexible. I enjoy banking with them.

Kruger L
— Port Elizabeth —

September 2021

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, and I didn’t have to leave my house to do it.

Mekula N
— Durban —

November 2021

I’m so grateful to Bidvest Bank for how they’ve assisted me with growing my business. It’s because of their expertise that I have managed to keep getting bigger and better over the years.

Pillay M
— East London —

Bidvest Bank Contact

Physical Address

  • 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

Postal Address

  • PO Box 185, Johannesburg, 2000, South Africa

Opening Hours

  • 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