Bidvest Bank Account™ Competition (“the Competition”) Terms and Conditions

The Competition Rules: 

1. By entering the Competition, you agree to be bound by the following rules (“the Competition rules”), which constitute a binding agreement between you and Bidvest Bank. The Competition rules apply only to this Competition and do not apply to any other competition run by Bidvest Bank. The Competition is governed by the laws of South Africa.

2. Eligibility: The Competition is open to all ages, provided those 18 years or younger are represented by a guardian or parent. Employees of Bidvest Bank and their immediate families (spouses, parents, children, siblings, and their respective spouses and household members) are not eligible to enter the Competition. No purchase is necessary to enter the Competition. Bidvest Bank reserves the right to verify eligibility of any winner. 

3. How to enter: The Competition will begin at 12:00am on Monday, 15 May 2017 and will end at 12:00pm on Friday, 31 July 2017. Enter the Competition via

Step 2:  Entrants must complete a simple form to enter. The form will include the following details: Full name, contact number, province and email address. By entering the relevant details, Entrants     will be included in the draw to win one (1) of two (2) cash prizes of R50 000 each. If, after your first entry, you click on the link to open a Bidvest Bank Account™ online, an additional ten (10) entries   will be entered in your name.

Step 3:  The winners will be drawn on Friday, 4 August 2017 and notification of the winners will be posted on Bidvest Bank’s Facebook page 
Bidvest Bank reserves the right to change, suspend or terminate the Competition by giving notice it deems appropriate. If the Competition is changed, suspended, or terminated the prizes will nevertheless be awarded to eligible Entrants whose entries have already been received and selected by Bidvest Bank in accordance with the Competition rules. 

4. Conditions of entry: An eligible entry must be received via as described above. Incomplete entries are void. Bidvest Bank is not responsible or liable for lost, stolen, mutilated, incomplete, incorrect, delayed, late, interrupted, illegible or misdirected entries. Every entry submission must be manually keystroked and manually entered by the individual Entrant. Automated or repetitive electronic submission of entries (including but not limited to entries made using any script, macro, bot or sweepstakes service) will be disqualified and transmissions from these or related email or IP addresses may be blocked. 

5. Determination of the winners: The winners will be selected based on a random draw selected from among all eligible entries. Odds of winning are solely dependent upon the total number of eligible entries received. Selection of the winners shall be conducted under the supervision of Bidvest Bank. Bidvest Bank will notify the winners via email or telephone by Friday, 11 August 2017. In the event of any dispute relating to the Competition, the decision of Bidvest Bank shall be final and binding, and no correspondence will be entered into. At the sole discretion of Bidvest Bank, disqualification, forfeiture and the selection of an alternate winner may result from any of the following: [1] the winner’s failure to respond to notification within three (3) days after transmission of the winner notification; [2] the return of an email notification as undeliverable after three (3) attempts; [3] the return of any other notice or a prize as undeliverable; [4] the winner’s failure to provide Bidvest Bank with satisfactory proof that he/she is the authorized account holder of the email address  used to submit the winning entry; [5] the winner’s failure to provide Bidvest Bank with satisfactory proof of age and identity; and [6] any other non-compliance with the Competition rules. If a prize is forfeited Bidvest Bank may, in its sole discretion, award the forfeited prize to an alternate winner.

6. Prize: Two (2) winners will receive a cash prize of R50 000 each.

7. General conditions: The winners will be required to sign and return any documents required by Bidvest Bank within three (3) days of notification and failure to do so will result in disqualification.  Where permitted by law, each winner agrees to grant to Bidvest Bank and Bidvest Bank’s licensees, affiliates and assigns, the right to print, publish, broadcast and use, worldwide, in any media, including the world wide web, at any time, the winner’s name, picture, voice, likeness and biographical information as news or information and for advertising and promotional purposes without additional consideration; and further without additional compensation, appear for, or provide biographical information for use in, any presentation or other activity which may include filming, audio, video, electronic or other recordings and interviews as may be determined by Bidvest Bank. The unreasonable failure to make such appearances or grant such rights may result in disqualification from the Competition with an alternate winner selected from the eligible entries previously received and in accordance with these Competition rules; and while not obligated to do so, Bidvest Bank may in its sole discretion, bear such reasonable costs and expenses which it deems appropriate for a winner to appear for a presentation or other activity. Bidvest Bank shall at all times comply with the Protection of Personal Information Act, 4 of 2013. Bidvest Bank will not be liable for any damages or losses arising out of access to, and use of, internet sites or , including the downloading from or printing of material downloaded from said sites. 

8. Collection of information: Bidvest Bank will not sell or otherwise transfer information submitted by an Entrant to any third party, nor will Bidvest Bank use information for marketing purposes without an Entrant’s consent. Bidvest Bank will delete, erase or destroy all personally identifiable information that is obtained from the Entrants following the conclusion of the Competition. 

9. Disputes: Should any dispute or cause of action arise as a result of the Competition; the Entrant hereby consents and submits to the non-exclusive jurisdiction of the High Court of South Africa, Gauteng Local Division. The Entrant hereby agrees that Bidvest Bank may institute proceedings in the Johannesburg Magistrate’s Court.

10. Product terms: All fees/rates associated with the Bidvest Bank Account™ are available at any Bidvest Bank branch or on Over-the- counter fees at a branch, declined/denied transaction fees, and international transaction fees do not accumulate to the R82 maximum monthly fee and are charged per transaction. An interest rate of 4.75% applies to positive balances of R250 000 or more. SMS alerts received for card transactions not made by you (including balance enquiries) are signs of possible fraudulent activity. Failure to report this immediately to Bidvest Bank on 0860 11 11 77 could result in losses to you. In terms of legislation, proof of residence and positive identification are required to open a Bidvest Bank™ Account. Bidvest Bank Account™ is a registered trademark of Bidvest Bank Limited. Bidvest Bank Limited (Reg No 2000/006478/06) is a licensed financial services and registered credit provider, NCRCP17.