This article will teach all about Investec Bank and how to join them. Let us look at this amazing South African bank with its headquarters in Sandon, Sandton. It has been in existence since 1974 which is over 4 decades ago with its branches in Australia, Ireland, Switzerland, Mauritius, Guernsey, Hong Kong, India, Jersey, and the United States. Though the major operations are in South Africa and the United Kingdom.
To become a customer with this bank is a good thing to do as they have a good reputation. Here are some clarifications about this bank you need to know.
Can I Trust Investec Bank
In 2021, they were recognized by the Financial Times of London and the Banker as the best-performing bank in the UK and South Africa. It is very much safe to bank with them.
Is Investec Bank covered by FSCS?
From their regulatory information, they specifically mentioned that they were covered by the Financial Services Compensation Scheme (FSCS).
Now that we’ve clarified some questions you had in mind about this bank, let’s to the main topic of the day.
How to join Investec bank
To join them, you have to know the Investec account types. You’ll either open a personal account, partnership account, or Investment account. If you’re in South Africa, you can call them at +27 (11) 286 7000, or through their website by filling out their form using your email. If you want to run an account with them as you would with other banks, then a Personal account could be the best option for you.
Frequently Asked Questions (FAQ)
How much does it cost to open an Investec account?
For you to open an Investec Savings account, you must have a minimum deposit of R100,000.
Does Investec have ATMS?
You don’t have to worry about this, as you can withdraw money from any ATM with your Investec Visa card and will not be charged ATM fees.
Read: How to deposit cash into Investec account
