A division of BIDVest Bank Limited

Travellers’ cheques, foreign currency, bank drafts, debit cards, however you want to handle money, BIDVest Bank provides an end-to-end foreign exchange solution.

Cash in the hand
A global partnership with American Express gives clients access to traveller’s cheques that are available in most currencies of the world and in a variety of denominations to suit your specific needs. Visitors to South Africa who encash American Express travellers’ cheques into rands pay no commission.
The BIDVest Bank Cash Passport card is the new way for travellers to take spending money abroad. The card is pre-loaded for the traveller to know exactly how much money is spent and the exchange rate is fixed at the rate the currency has been purchased at. Travellers can choose to load the card in US dollars, sterling, euros or Australian dollars.
Travellers can then use the card to pay for goods and services in millions of restaurants, hotels and stores worldwide that display the Visa Electron sign. It also offers instant access to the local currency of the country the traveller is visiting, from more than one million Visa ATMs in over 160 countries. We stock banknotes in over 60 currencies to assist travellers with their unique requirements.

Moving money
MoneyGram allows travellers to send or receive money internationally within 10 minutes. It is a safe, reliable and fast way to transfer money to your loved ones in other countries and to receive money from abroad without the need for a bank account. It also includes a free ten-word message to anywhere in the world. Draft Cheques offer a safe and convenient way to pay money into a foreign bank account.

For multinational corporates, bank drafts and telegraphic transfers allow for money to be transferred to and from South Africa to cover conference, congress and seminar costs, more than six months prior to the event. Bank drafts can also be used to pay in advance for hotels, car hire, theatre tickets, bus and rail passes, tours, cruises and internal flights in another country.

Rands at the ready
The Rand Travel Card is specifically designed for travellers visiting South Africa who are looking for a safe way to manage their cash. It allows travellers to draw Rands from ATMs around the country and lets them transact at hotels, stores and restaurants that display the Visa Electron sign. The card is pre-loaded to manage travel expenses.

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