Festo South Africa changes banking details

After 50 years of partnership with Nedbank, we have decided to embark on a new financial journey to align with the Festo headquarters in Germany and establish a uniform banking system.

Festo South Africa will be transitioning to HSBC International, one of the world's largest and most renowned banks. We urge you to update the Festo account details on your system from 01 August 2023 to 29 September 2023. This transition represents our commitment to ensuring the best possible services for our customers and partners, as well as positioning Festo for continued growth and success.

As a leading bank in the international arena, HSBC's extensive network will empower us to conduct business seamlessly across borders through the use of ZAR, EUR and USD. This partnership opens up new avenues for innovation and investment, allowing us to serve you even better.

We want to empower you with the ability to authenticate this notice independently. To ensure that this communication is genuinely from Festo, kindly use at least two of these 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 with the ones listed on our finance communiques (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 below official notice letter.
  • Should you have any further inquiries or require additional assistance, please do not hesitate to reach out to our dedicated finance team at lariette.jvrensburg@festo.com or debra.arends@festo.com.

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.