Bidvest Bank GPO
GPO™ is a highly secure online payment solution for businesses to make and receive foreign payments in real time. The electronic web-based system gives you the ability to secure spot rates instantly and guard against exchange rate volatility by booking forward exchange contracts online.
Benefits
- Easily accessible – Make foreign transactions anywhere a secure internet connection is accessible.
- Fast and reliable – Price and place orders for foreign exchange speedily and with absolute confidence.
- Keep up-to-date – Make online exchange rate enquiries to ensure you are always updated with changing exchange rates.
- Real time transactions – Create secure payment instructions, access transaction history and authorise payments, as and when you require.
- Guard against exchange rate volatility – Order forward exchange cover online.
- Secure – Receive online confirmation of transactions.
- Convenient – Completes online order confirmations and balance of payment (BOP) and other statutory forms.
How Do I Sign Up for GPO™?
To set up a Global Payments Online™ profile, we’ll require the relevant documentation depending on whether you operate as a close corporation, a company, or as a sole proprietor.
Close Corporation
- ‘Legal and Financial Intelligence Centre’ checklist
- ‘Authorised to Trade’ form
- Global Payments Online™ application form
- Electronic communication acknowledgement and waiver
- Company letterhead
- Members resolution
- IDs and residential address of authorised employees and members
(Pty) Ltd
- ‘Legal and Financial Intelligence Centre’ checklist
- ‘Authorised to Trade’ form
- Global Payments Online™ application form
- Electronic communication acknowledgement and waiver
- Company letterhead board resolution
- IDs and residential address of authorised employees and directors
Sole Proprietor
- ‘Legal and Financial Intelligence Centre’ checklist
- ‘Authorised to Trade’ form
- Global Payments Online™ application form
- Electronic communication acknowledgement and waiver
- Company letterhead
- Identity document
- IDs and residential address of authorised employees