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Festo South Africa Returns to Nedbank

Dear Valued Customer, We wish to inform you that, effective 1 July 2025, Festo South Africa will be returning to Nedbank Limited as our primary banking partner. Consequently, our banking relationship with HSBC locally will cease to exist as of 1 September 2025.

This decision comes as HSBC has made the strategic choice to close down its operations in South Africa. While this development is beyond our control, we have carefully evaluated the options and determined that returning to Nedbank best supports our commitment to providing you with reliable and efficient service.

Please update your records and systems to reflect our Nedbank banking details from 1st July 2025 onwards. This update is essential to ensure that all payments and transactions are processed seamlessly and without delay.

Our longstanding partnership with Nedbank offers us the stability, local expertise, and service quality that align with our operational needs and customer expectations. By reverting to Nedbank, we aim to maintain seamless financial transactions and continue delivering the high level of service you expect from Festo.

To help you verify the authenticity of this notice, we encourage you to use at least two of the following verification steps:

  • Your Sales Engineer may forward you the notice from their email address. To verify an authentic email address from Festo, refer to this example: name.surname@festo.com.
  • Cross-check the provided banking details against the ones listed in our finance communications (such as invoices and quotes).
  • To verify the legitimacy of this notice, please download the bank confirmation letter, which serves as proof of the bank account change.
  • Contact our finance team directly using the contact details provided in the official notice letter below.
  • Should you have any further inquiries or require additional assistance, please do not hesitate to contact our dedicated finance team at lariette.jvrensburg@festo.com or debra.arends@festo.com.

We appreciate your understanding and cooperation in making this transition as smooth as possible. Should you have any questions or require assistance with updating your banking information, please do not hesitate to contact our finance team.

Download the official documents below.

Thank you for your continued support, and we remain committed to delivering exceptional service while maintaining a secure and transparent banking relationship with all our valued customers.