Headquartered in Johannesburg, BankservAfrica is wholly owned by South Africa’s commercial banks and is licensed by the Payments Association of South Africa (PASA).

BankservAfrica takes pride in providing banking clients with the highest quality transactional, switching and value-added services in support of their business objectives while effecting significant cost savings and reducing risk and complexity in the industry.

Shareholders:

• Absa Bank Limited - 23.125%
• FirstRand Bank Limited - 23.125%
• Nedbank Limited - 23.125%
• The Standard Bank of South Africa Limited - 23.125%

The following shareholders form part of the Dandyshelf Group, holding 7.5% as a Group:

• The South African Bank of Athens Limited
• Bidvest Bank Limited
• Capitec Bank Limited
• CitiBank
• Investec Bank Limited
• Mercantile Bank Limited
• ubank

1 director per 5% shareholding or more; 2 executive directors; 5 independent directors, chairman from independent directors

Our products are regulated by the South African Reserve Bank (SARB).