Bidvest Bank Account™ Rates

Rates effective 24 July 2015. Rates are indicative and subject to change.
R50 - R1,000         0.58%
R1,001 - R2,500 0.58%
R2,501 - R5,000 0.58%
R5,001 - R10,000 0.58%
R10,001 - R25,000 1.70%
R25,001 - R50,000 3.65%
R50,001 - R250,000 3.85%
R250,000 upwards 4.75%

 

Bidvest Bank Account™ - Fees

Find out what you would pay for general services and notifications, over-the-counter transactions and services, ATM transactions, point-of-sale transactions, and online transactions.

Please note: Prices increase annually

Fees are inclusive of VAT and are subject to change.

Transact Account Fees

Description Old fees New fees as at
1 May 2017
Transactions
Capped Fee R 82.00 R 82.00
Transaction fees included in Capped fee
Monthly account administration fee R 18.00 R 22.00
ATM Transactions
Cash withdrawals (Bidvest Bank ATM) R 5.00 R 5.00
Cash withdrawals (Saswitch) R9.50 + R1.30 per R100 (Only first three transactions included in capped fee) R9.50 + R1.40 per R100 (Only first three transactions included in capped fee)
Balance enquiry (Bidvest Bank ATM) R 3.00 R 3.00
Balance enquiry (Saswitch) R 4.50 R 4.50
Point of Sale (POS) Transactions
Purchase at POS Free Free
Purchase and cash back R 2.50 R 2.50
Cash withdrawal R 3.50 R 3.50
EFT Transactions
Inward EFT credit from another bank Free Free
Third party payment R 5.00 R 5.00
Debit order R 8.00 R 8.00
Future dated payment R 8.00 R 8.00
Internal transfers - call centre/ branches R 8.00 R 8.00
Create/ amend or cancel stop order R 10.00 R 10.00
Internet Banking
Transaction history Free Free
Subscription fee Free Free
Balance enquiry Free Free
Statement Free Free
Internal transfer Free Free
Third-party payment R 6.50 R 6.50
Other fees
Email third party payment notifications R 0.75 R 0.75
SMS notification R 0.80 R 0.80
Posted statement R 10.00 R 10.00
Faxed statement R7.00 per page R7.00 per page
Temp/ permanent withdrawal limit increase Free Free
Fax notifications R 5.00 R 5.00
ATM prepaid top-up (Cell C, Vodacom, MTN, Telkom) R4.45 + 65c per R100 R4.45 + 65c per R100
Daily limit exceeded R7.50 R7.50
Transactions excluded from the maximum R82.00 monthly usage fee
First Card issued Free Free
Card replacement (local) R 50.00 R 50.00
Additional card issued R 50.00 R 50.00
Cash deposit at Bidvest Bank branch 0.80% of deposit value 0.80% of deposit value
Cheque deposit 10 days working clearing period R1.10 per R100 - max R20.00 10 days working clearing period R1.10 per R100 - max R20.00
Over the counter withdrawal at Bidvest Bank branch 1.25% of withdrawal amount - min R20.00 1.25% of withdrawal amount - min R20.00
Debit order rejection R 25.00 R 25.00
International withdrawal at Visa-accredited ATM R 50.00 R 50.00
International balance enquiry at Visa-accredited ATM R 7.00 R 7.00
Declined international cash withdrawal R 30.00 R 30.00
International purchase at POS R 17.00 R 17.00
Declined transaction at international POS R 17.00 R 17.00
Returned cheque R 100.00 R 100.00
International currency conversion fee 6% of transaction value 6% of transaction value
ATM cash withdrawal - declined (insufficient funds) R 7.50 R 7.50
Declined transaction (Incorrect PIN) (POS) R 7.50 R 7.50
Declined transaction (insufficient funds) (POS) R 7.50 R 7.50
Declined transaction (incorrect PIN) R 7.50 R 7.50