Business Banking

Bank accounts, investment products and loans for your business

To help you manage your business as smoothly as possible, we’ve got a range of business banking products to use at every stage of your business lifecycle – including bank accounts, investment products, loans and advances.

Because we have local market knowledge and are experts in the foreign exchange industry, our dedicated consultants are able to give you expert advice that’s customised to suit your particular business.

Bidvest Bank One-to-One Business Account

A convenient transactional account with a debit card and overdraft.

Call Account

Earn interest while having immediate access to your money

Notice Account

Investment periods from as little as 41 days

Fixed Deposit Account

Great interest rates for a fixed investment from 1-12 months

Customer Foreign Currency Account

Simplify your foreign currency transactions

Corporate Payment Card Solution

Easy payments with a pre-funded solution for daily staff-related expenses

Loans and Advances

Business loans at competitive rates structured to suit the needs of your business

Compare Business Banking Accounts

Which banking account is right for your business?  

  TYPE MAIN BENEFIT AND USES WHAT MAKES IT UNIQUE BEST SUITED FOR
Bidvest Bank One-to-One Business Account Transactional account Conduct all your day-to-day business banking in one place, from debit order setups to foreign payments Highly personalised service from a business banker who understands your unique business needs. Any small to medium sized business.
Call Account Investment/Settlement account Transact while earning competitive interest rates. Earn interest while having immediate access to your money.   Any business with extra funds to invest* but that also needs quick access to those funds. Transact while investing your money and earning interest.
Notice Account Notice deposit investment. Choose an investment period from as little as 41 days up to 121 days. More flexible than a Fixed Deposit Account because you can make additional deposits and partial withdrawals during the term. Any business with extra funds** to invest for a fixed term, but want the flexibility to transfer additional funds as well as withdraw funds in emergencies.
Fixed Deposit Account Fixed deposit investment. Choose an investment period from 1 – 12 months. Greater certainty in your investment. Helps you invest as your funds are locked in for a fixed period. Any business with extra funds** that they won’t need access to for a certain period of time. Funds are locked in for an agreed period of time.
Customer Foreign Currency Account Settlement account Gives you the ability to receive payments or pay overseas suppliers in foreign currency. Makes paying or receiving money from overseas suppliers easy. No need to exchange foreign currency back into rands. Businesses that need to make regular foreign currency transactions (such as importers and/or exporters).

* Minimum deposit R1,000

** Minimum deposit R5,000


Call Deposits

Rates effective 18 March 2016. Rates are indicative and subject to change.
R1,000 < R24,999 3.70%
R25,000 < R49,999 5.40%
R50,000 < R99,999 5.50%
R100,000 < R249,999 5.60%
R250,000 upwards rate on application

 

The interest rates reflected above are subject to change. Interest is quoted as nominal annual rates which are compounded monthly and calculated daily.

Notice deposits

Rates effective 18 March 2016. Rates are indicative and subject to change.
Days Nominal    
41 6.70%    
61 6.85%    
91 7.40%    
121 7.80%    

 

The interest rates reflected above are subject to change. Interest is quoted as nominal annual rates which are compounded monthly and calculated daily.

Fixed Deposit Account Rates

Rates effective 18 March 2016. Rates are indicative and subject to change.
R10 000 minimum, no maximum
  Payable Monthly Payable End of Term
1 month 6.98%  
2 months 7.02% 7.04%
3 months 7.09% 7.13%
4 months 7.34% 7.41%
5 months 7.55% 7.65%
6 months 8.00% 8.13%
7 months 8.02% 8.18%
8 months 8.05% 8.24%
9 months 8.10% 8.32%
10 months 8.15% 8.40%
11 months 8.27% 8.56%
12 months 8.35% 8.68%
Pensioner rate* 8.65% 9.00%

* The pensioner rate is applicable to customers aged 55 and older on a 12 month Fixed Deposit only

The interest rate will be confirmed by Bidvest Bank at the time the account is opened. The nominal rates are indicative only and are subject to change without prior notice. All nominal rates are quoted on a nominal annual compounded monthly basis. Effective rates are quoted on a nominal annual compounded annually basis. The effective rate quoted is derived from the nominal rate earned on the deposit, taking into account the effect of monthly compounding.

Call us on 0860 11 11 77 to open a Fixed Deposit today.