Bidvest Bank

Overview

Bidvest Bank is South African commercial bank + foreign exchange specialist + Bidvest Group JSE: BVT South African conglomerate parent fully owned + one of South Africa's specialist commercial banks + one of South Africa's largest foreign exchange providers via Bidvest Bank Travelex partnership ^{1, South Africa report}.

History

2000 — Bidvest Group acquires Rennies Bank + Bidvest Bank rebrand distinctive South African banking heritage.

2010 — Bidvest Bank Mobile mobile banking app launch.

Ownership & operator

Operating entity: Bidvest Bank (South African commercial bank + foreign exchange specialist; Bidvest Group parent fully owned).

Major shareholders: Bidvest Group Limited (JSE: BVT; South African conglomerate; Bidvest Group services + retail + automotive + freight + financial services parent).

Regulators: SARB South African Reserve Bank + Prudential Authority.

Technical integration

Bidvest Bank Mobile app (iOS + Android) + bidvestbank.co.za online + Bidvest Bank branch network across South Africa + Bidvest Bank Visa + Mastercard cards + Bidvest Bank Travelex foreign exchange partnership + Bidvest Bank World Currency Card; ZA IBAN + ZA PayShap (South African P2P + retail real-time payment scheme) + ZA EFT.

Implementations & partners

Bidvest Group parent: Bidvest Group (Bidvest Group Limited; JSE: BVT; South African conglomerate).

Major South African banking + payments competitors: Standard Bank (Standard Bank South Africa; JSE: SBK; Africa's largest banking group by assets) + FNB Banking App (First National Bank) (FNB South Africa; FirstRand Group; South Africa's largest banking group + 12M+ customers + eWallet pioneer) + Absa Bank (Absa Group South Africa; JSE: ABG; South Africa's #3 commercial bank by assets) + Capitec Bank (Capitec Bank; JSE: CPI; South Africa's largest commercial bank by customers) + Nedbank (Nedbank Money app) (Nedbank Group; JSE: NED; South African commercial bank) + Discovery Bank (Discovery Bank; Discovery Limited Group; South African digital + behavioural bank) + Investec Bank (Investec Bank; JSE: INL + LSE: INVP; South African + UK private wealth management + specialist commercial bank) + TymeBank (TymeBank South African digital bank; ~10M+ South African TymeBank customers) + African Bank (African Bank; SA commercial bank; SARB curatorship + restructuring 2014-2016) + Old Mutual Bank (Old Mutual Bank South Africa; Old Mutual JSE: OMU subsidiary) + MTN Mobile Money (MTN MoMo South African mobile money).

Regulators: SARB South African Reserve Bank + Prudential Authority.

Status

Active, South African commercial bank + foreign exchange specialist + Bidvest Group JSE:BVT South African conglomerate parent fully owned + one of South Africa's specialist commercial banks + one of South Africa's largest foreign exchange providers via Bidvest Bank Travelex partnership ^{1, 2}.

Sources

• 1 Bidvest Bank — official
• 2 Bidvest Bank — Wikipedia
• ^{South Africa report} In-corpus: reports/countries/ZA-south-africa.md

Source

Biography extracted from bidvest-bank.md. See matrix.md for standards-support matrix if present.