SBV – Cash Processor Banking Learnerships 2026

SBV Services has advertised Cash Processor banking learnership opportunities across ten South African locations. These opportunities may suit young applicants who have completed Grade 12 and want to gain practical experience in cash processing and the banking environment.

Important: Applicants must be aged 18–29, meet the Grade 12 Mathematics requirement for their chosen location and must not have previously participated in the National Certificate: Banking.

At a glance

OrganisationSBV Services
OpportunityCash Processor Banking Learnership
Employment typeContract
Locations10 location-specific adverts
Age18–29 years
EducationGrade 12 with Mathematics or Mathematical Literacy, depending on location
Date advertised28 September 2026
Closing dateNot stated

Available locations

LocationReferenceGrade 12 requirement
MahikengMHGBLNov2026Mathematics or Mathematical Literacy
BloemfonteinBFNL22026Mathematics or Mathematical Literacy
PietermaritzburgPMBBLNov 26Mathematics or Mathematical Literacy
Gqeberha (Port Elizabeth)PEL22026Mathematics or Mathematical Literacy
DurbanDBNBLNOV2026Mathematics or Mathematical Literacy
PretoriaPTA CPUBLOCT 2026Mathematics
GeorgeSBV-1095Mathematics or Mathematical Literacy
Cape Town CBDCPTNBL1Mathematics
VaalSBV-1097Mathematics
OrmondeORMBLMathematics or Mathematical Literacy

Important subject requirement: Pretoria, Cape Town CBD and Vaal specifically require Mathematics. Mathematical Literacy should therefore not be assumed to qualify for these three locations.

About the SBV Banking Learnership

The opportunities are for Cash Processors who will receive practical exposure to SBV’s cash-processing operations. Participants may work with deposits, banknotes, cash-processing equipment and related records while following strict operational and security procedures.

Minimum requirements

  • Applicants must be between 18 and 29 years old.
  • You must have completed Grade 12.
  • You must have Mathematics or Mathematical Literacy where accepted by the relevant location.
  • You must not previously have participated in the National Certificate: Banking.
  • Applicants should meet any additional screening requirements shown on the relevant SBV application form.

The supplied adverts do not specify a minimum amount of previous work experience, making these opportunities potentially suitable for young applicants seeking workplace experience.

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What you may be required to do

  • Receive and process customer deposits.
  • Capture deposit information on the relevant systems.
  • Check cash bags and containers for damage or interference.
  • Count and sort banknotes accurately.
  • Identify and refer rejected or suspicious notes for verification.
  • Balance and reconcile deposits.
  • Report cash shortages, surpluses or processing discrepancies.
  • Follow SBV security and cash-processing procedures.
  • Maintain accurate processing records.
  • Look after cash-processing equipment and work areas.

Some locations may also include coin processing, payroll and change preparation, ATM cash packing and other cash-centre duties.

Programme duration

The Pretoria and Vaal adverts indicate a duration category of approximately 9–12 months. A duration is not stated in the other supplied adverts.

Applicants should confirm the exact contract period, training structure and start date with SBV if shortlisted.

Salary or stipend

The SBV adverts list the remuneration as market related. A specific salary or stipend amount is not provided.

Documents to prepare

  • An updated CV.
  • Your Grade 12 certificate or statement of results.
  • A South African identification document if requested.
  • Accurate education and employment information.
  • Details of any previous learnership or training participation.

Only upload documents requested through the official SBV recruitment system.

About SBV Services

SBV Services is a cash-management company that provides services including the processing, storage and movement of cash. Its cash-processing centres support banks, businesses and other participants in South Africa’s cash supply chain.

Applicants can learn more about the company through the official SBV Services website

Scam warning

Be careful of recruitment scams. SBV states on its official careers page that it does not advertise vacancies through platforms such as WhatsApp, Facebook or X.

  • Apply only through the official SBV recruitment links below.
  • Do not pay anyone for a job, interview or learnership opportunity.
  • Do not share your banking PIN, passwords or one-time PINs.
  • Do not trust anyone who promises guaranteed selection in exchange for payment.
  • Check the location and vacancy reference before submitting personal information.

How this opportunity was verified

The ten vacancies were checked against the official SBV Direct Hire recruitment portal. The individual adverts provide the Cash Processor learnership details, location, vacancy reference, requirements and remuneration information.

All ten supplied adverts show an advertising date of 28 September 2026. No closing date was provided in the supplied vacancy notices.

You can also read our How We Verify Listings page for more information about how opportunities are checked before publication.

How to apply

Select the SBV location you want to apply for below. Check the location, vacancy reference and Mathematics requirement carefully before submitting your application.

Complete the application through the official SBV recruitment portal and upload any documents requested. Make sure your contact details are correct before submitting.

Application closing date

A closing date is not stated in the supplied SBV adverts. Applicants are therefore encouraged to apply promptly while their preferred vacancy remains available on the official recruitment portal.

Apply for the SBV learnership