Our Business Evolve Excel package is perfect for businesses that have large transaction volumes. It includes fixed-fee banking to support your cashflow and budgeting needs.

 

Monthly account fee:

R675

Get 10 free electronic transactions per month

Get more value

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

*Liquidity Plus is not available on Islamic accounts.

Get 5 free cash transactions per month

Electronic transfers

150 electronic transactions (digital payments, external debit orders and POS transactions) every month. 

Unlimited POS and prepaid airtime transactions

Cash transactions

35 cash deposits/withdrawals at any Absa ATM (capped at R250 000 per month).

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Immediate interbank payments

Includes 2 immediate payments per month.

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Uncapped transfers

Unlimited Absa interaccount transfers, Absa-to-Absa debit orders and NotifyMe.

Tailor your Business Evolve Account plan to suit your business type

Apply for any one of the Business Evolve current accounts below and reap the benefits.

 

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Business
Account

Apply online now for your business account.

Apply now

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Islamic Business
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 Excel features

    • 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.)  
    • Zero fees on Absa interaccount transfers, Absa-to-Absa debit orders and NotifyMe.
    • Transactions in excess of the bundle cap will be charged at out-of-bundle fee rates.
    • Cash transactions in excess of the bundled number and/or transaction value charged as an out-of-bundle fee.
    • Transactions that do not form part of the bundled transactions are charged on the normal pay-as-you-transact (PAYT) basis.
    • One account number for life: Retain your existing account number when you change between business current account types or price plans.
    • Multiple accounts: No limit to the number of business accounts opened per entity.
    • Access to the Self-service portal, Absa ATMs, Absa-supported ATMs and branch network.
    • Statements: View your statement on your Absa Online profile or receive your statement via email.
    • Access to a cash-handling service.
    • Shari’ah-compliant account options available.

How to apply for your business account

  • Qualifying criteria

    • Any registered business entity with an annual turnover of up to R500 million.
    • Sole proprietors (an affidavit must be presented if proof of address or business registration number is not available).
    • Anybody who wants to be registered as a private company (for online customers).

  • Documents required

    • 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).
    • Bank statements: last three months (not applicable for start-up businesses and sole proprietors).
    • Business member/owner to submit three months' bank account statements on a personal account.
    • Company registration documents (not required for sole proprietors).
    • 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