With zero monthly fees, our Business Evolve Core package is a pay-as-you-transact business account option designed for sole proprietors. Apply online today.


Monthly account fee:
R0

Get 10 free electronic transactions per month

Get more value

A Visa Debit Card, Liquidity Plus* Investment Account, 24/7 access to Absa Online, the Banking App, and Cashflow Manager at no additional cost.

*Liquidity Plus is not available on Islamic accounts.

Get 5 free cash transactions per month

Tiered pricing on eTransactions

The choice to pick your pricing level, pay for what you can afford and save.

Unlimited POS and prepaid airtime transactions

Access to a dedicated service desk

Let our dedicated team of bankers take care of your daily banking needs.

Unlimited POS and prepaid airtime transactions

Build a credit record

Helps you build a good credit history for your business.

Tailor your Business Evolve Account to suit your business type

Apply for any one of the Business Evolve Current Accounts below and reap the benefits.

rainy day
Business Evolve
Account

Apply online now for your business account.

Apply now

rainy day
Business Evolve Islamic
Account

Apply online now for your Shari’ah-compliant account

Apply now

Applying for a business account is easy

  • Let’s switch your debit orders

    Whether you’re an existing customer or new Absa business customer, you can switch your debit orders.

    Learn more

  • Business Evolve Core features

    • Zero monthly account fee.
    • Transacting channels: 24/7 access to Absa Online and the Banking App, at no additional monthly management fee.
    • Visa Debit Card: Assists you with day-to-day cash withdrawals, cash-free payments and purchases. Secondary debit cards and personalisation options available.
    • Demand Call Account: Access to Liquidity Plus. (Please note that Liquidity Plus is not included on the Business Evolve Islamic Account. Shari’ah-compliant investment options are available if required.)  
    • Tiered pricing on electronic transactions.
    • Zero fees on Absa interaccount transfers and Absa-to-Absa debit orders.
    • No monthly fee on your Absa Mobile Pay POS device.
    • One account number for life: retain your existing account number when you change between business transactional account types or price plans.
    • Access to the Self-service portal, Absa ATMs, Absa-supported ATMs and branch network.
    • Access to a cash-handling service.
    • Statements: View your statement on your Absa Online profile or receive your statement via email.
    • Shari’ah-compliant account options available.

How to apply for your business account

  • Qualifying criteria

    • Sole proprietors with an annual turnover of up to R5 million.

  • Documents needed

    • Copy of ID (per business member/individual member and/or director).
    • Proof of address (per business member/individual member and/or director).
    • Proof of physical address of business (if absent, an affidavit required for a sole proprietor).
    • Business member/owner to submit three months' bank account statements on a personal account.
    • Company resolution (where more than one signatory is applicable).

  • What it costs

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.

If you’re a new customer or you don’t bank with us, call us on 0800 227 592.