Send Money from Canada to Bidvest Bank

Bidvest Bank, South Africa

The Republic of South Africa's Bidvest Bank (BVBL) is a commercial bank. The Reserve Bank of South Africa, the country's banking authority, has granted it a license as a locally-controlled bank. It's a specialized foreign exchange bank that also offers retail banking, vehicle loans, and insurance.

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How to Send Money to South Africa with Bidvest Bank

It's as easy as following these five steps to send money to a Bidvest Bank account: 

  • Before you may utilize the service, you must first create a RemitBee account. A simple and well-secured digital wallet is also offered.
  • You will be asked to enter your full name, address, and job title. For verification purposes, a valid mobile phone number and an active email address are required.
  • Following that, you'll be asked for your recipient's contact information (including e-mail and phone number). In addition, the recipient's account number and the beneficiary bank's swift code must be provided.
  • After entering the transfer amount, you must choose a payment method. All you have to do now is follow the on-screen instructions to complete the transaction. Fees are unaffected by currency movements.
  • You will be notified via email once the transfer is complete. With the RemitBee app's tracking feature, keeping track of your remittances is a breeze.

Why send money directly to Bidvest Bank

Using RemitBee's online money transfer service has a number of benefits. Here are several examples:

  • You may send money to anyone in the world at any moment when you use RemitBee. There will be no need to visit a bank or a money transfer shop.
  • You may be assured that your money transfers are in excellent hands because we've been doing it for years and have a track record to back it up.
  • After the transfer is completed successfully, the funds will be received by the receiver immediately.
  • If you send $500 or more using the RemitBee Wallet, there are no additional costs.

What information you’ll need to complete the transfer

Before sending a transfer with RemitBee, make sure you have the following:

  • Full name of the recipient as it appears on their bank statement
  • The recipient's mobile number and home address
  • Swift code for Bidvest Bank (BIDBZAJJ)
  • Bank account number of the recipient

How Remitbee calculates the CAD to ZAR Exchange Rate

Each transfer's cost can be anticipated ahead of time. Our currency exchange rates are the most competitive among our competitors. Using the RemitBee Wallet to send money is absolutely free, whereas sending money with a credit card may entail fees.

Which other banks in South Africa can you send money to?

How international money transfers work

The CAD/ZAR exchange rate will be determined by one of the banks. The money is then transferred using the swift network.

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.


Frequently Asked Questions

Electronic money transfers, debit or credit card payments, bill payment, and Interac Online are all acceptable methods of payment.

Only a bank transfer is currently possible, which can take anywhere from a few minutes to a full business day. Some transfers are possible to finish right away.

If you have a verified RemitBee account, the maximum monthly and daily transfer amounts are $50,000 and $9,000, respectively.

Yes! Anyone who refers three people who complete their first transfer will receive a $50 incentive.

The CAD to ZAR exchange rate is currently 1 CAD for ZAR. This changes daily.

Download Remitbee Mobile App

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.

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