Bidvest Bank, (BVBL), is a commercial bank resident in South Africa. The bank is also a subsidiary of Bidvest Group Limited (BVGL). The group investment in banking started in 1998 with the acquisition of Rennies Group. The group then took advantage of the issuance of bank license in 2000 to transform the Rennies group into Rennies Bank and later to Bidvest Bank.
The locally-controlled bank is one of the foremost banks in South Africa with over 140 retail banking outlets. The bank has involvement in banking needs such as foreign exchange and providing retail banking, vehicle financing, and insurance.
Bidvest Bank Services
The following are Bidvest banking services.
Bidvest Business Banking
Bidvest group is a highly oriented business conglomerate and her interest is also evident in the provision of business banking. The in-depth business understanding makes this offering one of the best offer and outside south Africa. The business banking options include the following.
- Transactional banking
- Merchant services
- Foreign exchange
- Asset-based finance
Other offers include comprehensive savings and investments as well as trade services. Thus if you have a business of 2 years and above with an annual return of R10million then you are eligible for business banking.
Personal Banking Services
The bank offers a simple and convenient banking approach with a wide range of individual needs. Banking rates that are affordable and conveniently serviced. The account services stretch from investment services, personalized foreign exchanges, international money transfers, and quality customers services.
Bidvest Personal Banking includes the following options.
Internet Banking Service
The Bidvest bank provides an easy to use portal where account holders can log in and transact with a safe online banking system platform.
A Bidvest account holder can carry out services such as making payments, check balances, order foreign exchange, open up a new account. There is also a host of personal and business financial transactions you can do, all at your fingertips.