Absa is a renowned banking and financial institution in South Africa that continues to offer cutting edge products and services.The classic business account is a perfect example in this regard. This account is designed for the start up business entities with no credit history.This account affords you the opportunity to take care of all your daily business banking needs.This account comes standard with business value adds such as; Concierge Services and Business Legal Advice. You also receive banking support accessible through our Enterprise Development Centers.
Features associated with this account include debit card which assists you with day-to-day cash withdrawals, cash free payments and purchases, unlimited transacting channel which gives you access to our branch network as well as our electronic platforms such as internet banking, the App and self service kiosks, you receive statements either via post or email, you get a cheque book which can be personalised if necessary, you can open an unlimited number of business accounts, you retain existing account number when changing between current accounts, you also transfer banking fees to another Absa current account in your profile. In addition, you also get credit interest which is payable on daily balances retained in your account. Benefits accrued through this account include the ability to optimise liquidity and earn credit interest on your credit balances and you can name your account and debit card a name you want.
In order to open this account, you need copy of ID per business member,proof of address, bank statements for the last three months, company registration documents and company resolution where more than one signatory is applicable.
Absa can be contacted on 0861000734.