Account |
Qualifying criteria |
Monthly fee |
Standard features |
Key features |
Business Evolve Lite |
Businesses with an annual turnover of R0 to R1.5 million and Suited for Small enterprises |
R45 |
|
|
Business Evolve Core |
Annual turnover: |
R0 |
|
|
Business Evolve PAYT |
Annual turnover: |
R105 |
|
|
Qualifying criteria
Businesses with an annual turnover of R0 to R1.5 million and Suited for Small enterprises
Monthly fee
R45
Standard features
- Absa Online and the Banking App
- Visa Debit Card
- Liquidity Plus Investment Account*
- Islamic Depositor Plus for Islamic customers*
Key features
- Free Absa inter-account transfers
- Free Absa-to-Absa debit orders
- EFT transactions R5.50 and external debit orders R5.50 per transaction.
- Free POS and NotifyMe transactions
- No monthly fee on Mobile Pay
- Pay only R7.50 for the first 3 immediate payment transactions
- ATM cash withdrawals R2.50/R100 (std)
- ATM cash deposits R0.90/R100 or part thereof
- Shari’ah-compliant option available
Account |
Qualifying criteria |
Monthly fee |
Standard features |
| Key features |
Business Evolve Ignite |
Annual turnover: |
R200 |
|
|
Business Evolve Start |
Annual turnover: |
R325 |
|
|
Business Evolve Grow |
Annual turnover: |
R450 |
Included at a zero monthly fee:
|
|
Qualifying criteria
Annual turnover:
R0 to R20 million
Suited for Small enterprises
Monthly fee
R200
Standard features
- Absa Online and the Banking App
- Visa Debit Card
- Liquidity Plus Investment Account*
- Free Absa inter-account transfers
- Free Absa-to-Absa debit orders
- Free NotifyMes
- 15 electronic transactions
- 5 cash deposits/withdrawals at any Absa ATM (capped at R25 000 per month)
- No monthly fee on Mobile Pay
- Shari’ah-compliant option available
Account |
Qualifying criteria |
Monthly fee |
Standard features |
| Key features |
Business Evolve Excel |
Annual turnover: |
R725 |
Included at a zero monthly fee:
|
|
Qualifying criteria
Annual turnover:
R0 to R500 million
Suited for all businesses
Monthly fee
R725
Standard features
Included at a zero monthly fee:
- Absa Online and the Banking App
- Visa Debit Card
- Liquidity Plus Investment Account*
- Free Absa inter-account transfers
- Free Absa-to-Absa debit orders
- Free NotifyMes
- 150 electronic transactions
- 2 Immediate interbank payments
- 35 cash deposits/withdrawals at any Absa ATM (capped at R250 000 per month)
- Shari’ah-compliant option available
Terms and conditions apply.
*The Liquidity Plus Account is not available on Islamic accounts.
Note: Shari’ah-compliant investment options are available on request.
Trust accounts
Account |
Qualifying criteria |
Monthly fee |
Standard features |
Attorney Trust Account |
You must have any one of our Business Banking accounts. |
R105 |
|
Tell me more |
Trust Account |
You must have any one of our Business Banking accounts. |
R105 |
|
Tell me more |
Qualifying criteria
You must have any one of our Business Banking accounts.
Monthly fee
R105
Standard features
- Preferential credit interest rate paid on credit balances
- Free Online Banking (effective 1 July 2020)
- Interest is calculated daily and paid on the last day of the month
- Option to turn your account into an Attorney Management System
- Can be opened on behalf of the attorney’s clients
- Option to draw a tax certificate
- Link to your Business Current Account
- No overdrafts allowed
Need more help?
Let one of our business managers assist you.
For more information on opening a business account online, call us on: 0800 227 592.
