Bidvest Bank GPO

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