What You Need to Apply
- Company registration certificate (COR14.3) from CIPC
- ID documents for all directors
- Proof of business address
- SARS income tax registration number
- Resolution to open a bank account signed by directors
Top Business Banking Options in SA
FNB Business Account
- Best for tech-friendly businesses
- From R75/month
- Excellent app and online banking
Capitec Business
- Best for cost-conscious small businesses
- From R50/month
TymeBank Business
- Best for startups, lowest cost
- No monthly fee on basic plan, fully digital
Nedbank Business
- From R65/month
- SimplyBiz support program for SMEs
Compare more financial products at compare.xage.co.za.