Provision of Foreign Currency Services for IDC.
IDC
In plain English
The Industrial Development Corporation 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 to manage foreign currency services for its corporate travel needs. The successful bidder will provide major international currencies, manage multi-currency travel cards, and handle delivery services to IDC offices and major South African airports. The contract includes system integration with travel tools and automated reporting. The project will run for a three-year period. The service provider must ensure full compliance with South African Reserve Bank regulations and data protection laws.
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
- Authorized as a foreign exchange dealer by the South African Reserve Bank
- Valid SARS tax compliance status
- Valid B-BBEE certificate or sworn affidavit
- Minimum of three years of relevant professional references
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 IDC SharePoint Tender Box link provided in the tender documentation before 11:00 AM on 5 August 2026. Files must be in Microsoft or PDF format and not exceed 50MB.
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