Provision of Foreign Currency Services for IDC
IDC
In plain English
The IDC is seeking a service provider for foreign currency services. Bidders must ensure tax compliance and submit bids electronically.
Always check the official documentDescription
The Industrial Development Corporation (IDC) is seeking a service provider for foreign currency and multi-currency card services. The work involves buying and selling international currencies, managing multi-currency cards, and providing logistics for currency delivery to IDC offices and major South African airports. The provider must offer dedicated account management and integrate with IDC travel systems. The contract will run for three years. This project is based in South Africa, primarily supporting IDC corporate travel requirements.
What you need to qualify
- Tax clearance — A valid SARS tax compliance status (PIN) showing your tax affairs are in order.
- B-BBEE certificate — A B-BBEE certificate or sworn affidavit confirming your contribution level.
- Other registration — An industry registration the tender requires (e.g. PSIRA, NHBRC, a professional or trade licence).
Full requirements
- Must hold SARB authorization as a Dealer in foreign exchange
- Must have valid SARS tax compliance status with PIN
- Must provide valid B-BBEE certificate or sworn affidavit
- Must provide three references for similar work performed within five years
Contact & how to apply
Name: Amelia Rawstorne
Email: ameliar@idc.co.za
Phone: 011-269-3645
How to apply: Applications must be submitted electronically via the provided SharePoint link: https://idcza-my.sharepoint.com/:f:/g/personal/tinys_idc_co_za/IgCeS5cqhf63SrgaF332tZmDAS30mJv-To7Qki7776lYiDY. Files must be in Microsoft or PDF format and not exceed 50MB. The deadline is 21 August 2026 at 11:00 AM.
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