The BANKSETA from time to time procures   goods and services from various suppliers through the bidding/tendering system. These are all service contracts as well as all goods required above R500k. Bids are advertised through media, website and emails and on some occasions, companies are directly approached and can be invited to bid by phone also.

BANKSETA applies the Preferential Procurement Policy Framework Act of 2000 (PPPFA): 90/10 and 80/20 preference point system. Companies are asked to quote for services or goods required below R500k. legislation stipulates that 3 quotes are obtained when procuring. Suppliers are paid upon receipt of invoice within a 30 day period. The BANKSETA is committed to empowering Small and Medium Enteprises.

The  BANKSETA is committed to paying all legitimate invoices and claims within 30 days.
Any complaints/queries in regard to late payment should be addressed to
Should the BANKSETA not resolve the query/complaint satisfactorily within 1 week such matters can be escalated to the Department of Planning, Monitoring and Evaluation on

Below are contact details for National Treasury:

National Treasury Contact Person

Mr Tumelo Ntlaba

Access to the CSD site

Contact National Treasury for further clarity on the process:

Telephone: 012 315 5509


Fraud and Scam Alert on BANKSETA Procurement Process

Dear Stakeholders

The BANKSETA has been alerted of fraudulent activity from an unknown source/person impersonating, the organisation executives including the CEO and supply chain employees. Various companies and people have received calls and emails from scammers, using fake names and email addresses and cellphone numbers.

We would like to advise stakeholders not to fall for these fraudulent scammers by responding or communicating with them in any form.

Kindly report any suspicious calls or email to the BANKSETA Fraud Hotline at   +27 (0) 800 005 749 or

BANKSETA is committed to a transparent and fair procurement process and adopts a zero tolerance to any form of corruption.

Thank you for your understanding during this time.

BANKSETA Management




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