Abstract:Investec was created in 1995 and is headquartered in South Africa. It provides banking, investing, and insurance services to both individual and institutional clients. It has been designated as unverified by South Africa's FSCA for misusing a genuine licence (No. 11750) issued to Investec Bank Limited that it is not authorised to use.
Investec Review Summary | |
Founded | 1995 |
Registered Country/Region | South Africa |
Regulation | FSCA (Unverified) |
Services | Banking, Investments, Insurance, Risk Management |
Trading Platform | / |
Minimum Deposit | R100,000 |
Customer Support | Phone: +27 (11) 286 7000 |
Investec was created in 1995 and is headquartered in South Africa. It provides banking, investing, and insurance services to both individual and institutional clients. It has been designated as unverified by South Africa's FSCA for misusing a genuine licence (No. 11750) issued to Investec Bank Limited that it is not authorised to use.
Pros | Cons |
Long history and well-known financial brand | Unverified FSCA license |
Wide range of savings and investment products | Unclear fee structure |
No deposit or monthly fees on many accounts | High minimum deposit requirement (R100,000) for savings account |
No, Investec is unregulated. The claimed Financial Sector Conduct Authority (FSCA) license is unverified. Please be aware of the risk!
Regulatory Authority | Financial Sector Conduct Authority (FSCA) |
Current Status | Unverified |
Regulated by | South Africa |
Licensed Institution | Investec Bank Limited |
Licensed Type | Retail Forex License |
Licensed Number | 11750 |
Investec provides a comprehensive range of financial services to a diverse client base, including individuals, businesses, corporations, institutions, and intermediaries. The services include banking, investing, insurance, and risk management solutions.
Category | Key Services |
Individuals | Private banking, Savings accounts, Personal finance, Wealth management, Investments, Life insurance |
Business | Business banking, Business financing, Cash investments, Forex & risk management, Import/logistics |
Corporates | Advisory, Equity Capital Markets, Debt financing |
Institutions | Commodities, Bonds, Derivatives, Rates/Credit structuring, Currencies, Equities, Multi-asset solutions |
Intermediaries | Cash management, Investment management, Foreign exchange, Life insurance, Charities & trusts |
Investec provides individual savings solutions based on access preferences and includes an online selection tool.
Account Type | Access Type | Interest Rate Type | Minimum Deposit |
Instant Savings | Immediate | Prime-linked / Money market | R100,000 |
Notice Deposits | With notice (e.g. 32 days) | ||
Fixed-Term Deposits | After fixed term | Fixed / Prime-linked / Tax-free |
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