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
  • Zero monthly fees for the first 6months
  • Absa Online and the Banking App
  • Visa Debit Card
  • Liquidity Plus Investment Account*
  • Islamic Depositor Plus for Islamic customers*
  • 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 R2.40/R100 (std)
  • ATM cash deposits R0.90/R100 or part thereof 
  • Shari’ah-compliant option available

 


 

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Business Evolve Core 

 Annual turnover:
R0 to R5 million
Limited to Sole Proprietors

R0
  • Absa Online and the Banking App
  • Visa Debit Card
  • Liquidity Plus Investment Account*
  • Free inter-account transfers
  • Free Absa-to-Absa debit orders
  • Free POS transactions
  • EFT payments: R1.45 per transaction
  • Pay only R3.50 for each external debit order
  • Pay only R7.50 for each immediate payment transaction
  • ATM cash withdrawals: pay only 90c for every R100 you withdraw
  • ATM cash deposits: pay only R4.70 for the first R100 you deposit and R4.70 + R1.30 for each R100 you deposit thereafter
  • Shari’ah-compliant option available

 

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Business Evolve PAYT

Annual turnover:
R0 to R500 million
Suited for all businesses

R95
  • Absa Online and the Banking App
  • Visa Debit Card
  • Liquidity Plus Investment Account*
  • Tiered pricing: charges reduce when you do more EFTs and POS transactions
  • Pay only R11.50 for each external debit order 
  • Free Absa inter-account transfers
  • Free Absa-to-Absa debit orders
  • No monthly fee on Mobile Pay
  • Franchise and Shari’ah-compliant options available

 

 

 

 

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Account

Qualifying criteria

Monthly fee

Standard features
Key features
Business Evolve Ignite

Annual turnover:
R0 to R20 million
Suited for Small enterprises

R190
  • 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

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Business Evolve Start

Annual turnover:
R0 to R20 million
Suited for Small enterprises

R300

 

 
  • 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
  • 50 electronic transactions
  • 2 Immediate interbank payments
  • payments
  • 10 cash deposits/withdrawals at any Absa ATM (capped at R50 000 per month)
  • No monthly fee on Mobile Pay
  • Shari’ah-compliant option available

Apply now

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Business Evolve Grow

Annual turnover:
R0 to R500 million
Suited for all businesses

R420

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
  • 100 electronic transactions
  • 2 Immediate interbank payments
  • payments
  • 15 cash deposits/withdrawals at any Absa ATM (capped at R100 000 per month)
  • No monthly fee on Mobile Pay
  • Shari’ah-compliant option available

Apply now

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Account

Qualifying criteria

Monthly fee

Standard features
Key features
Business Evolve Excel

Annual turnover:
R0 to R500 million
Suited for all businesses

R675

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

Apply now

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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.

R95
  • 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
 
 
Trust Account

You must have any one of our Business Banking accounts.

R95
  • Immediate access to funds
  • Competitive interest rates
  • Interest is calculated daily and capitalised monthly
  • Free Online Banking (effective 1 July 2020)
  • 24-hour access to electronic channels
  • Can be linked to multiple business accounts
  • No need for trustees to move funds to an investment account
 
 

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.