Account

Qualifying criteria

Monthly fee

Standard features

Key features
 

Business Evolve Lite

Businesses with an annual turnover of R0 - R1.5 million and Suited for Small enterprises

R50
  • 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
  • ATM cash withdrawals R2.70/R100 (std) 
  • ATM cash deposits: R4.90 + R1.40 or part thereafter
  • Pay only R8.50 for the first 3 immediate payments
  • Shari’ah-compliant option available

Apply now

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Business Evolve Core 

 Annual turnover:
R0 - 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: R5.50 per transaction
  • Pay only R5.50 for each external debit order
  • Pay only R8.50 for each immediate payment transaction
  • ATM cash withdrawals: pay only 90c for every R100 you withdraw
  • ATM cash deposits: R4.90 + R1.40 or part thereafter
  • Shari’ah-compliant option available

Apply now

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Business Evolve PAYT

Annual turnover:
R1.5 million - R1 billion
Suited for all businesses

R115
  • Absa Online and the Banking App
  • Visa Debit Card
  • Liquidity Plus Investment Account*
  • Flat pricing on electronic transactions
  • Pay only R15.00 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

Apply now

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Account

Qualifying criteria

Monthly fee

Standard features
Key features
 

Business Evolve Ignite

Annual turnover:
R0 to R50 million
Suited for Small enterprises

R210
  • 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

Apply now

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Business Evolve Start

Annual turnover:
R0 to R1 billion
Suited for Small enterprises

R335
  • 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 million –R1 billion
Suited for all businesses

R450

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
  • 85 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 R1 billion
Suited for all businesses

R725

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
  • 145 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.

R115
  • 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
 

 

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Trust Account

You must have any one of our Business Banking accounts.

R115
  • 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

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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.