Our Absa Business Essentials Lite Package is best suited for start-ups and small businesses. Get this account and benefit from unlimited point-of-sale and prepaid airtime transactions, including a host of value added services.

Apply now Switch debit orders

Get 10 free electronic transactions per month
Get 10 free electronic transactions per month

Your Business Essentials Lite Package comes with 10 free monthly payments and transfers.

Get 5 free cash transactions per month
Get 5 free cash transactions per month

You get to make 5 free cash deposits and withdrawals from any of our ATMs to the value of R15 000 per month.

Unlimited POS and prepaid airtime transactions
Unlimited POS and prepaid airtime transactions

Enjoy unlimited point-of-sale and prepaid airtime transactions.

Access value adding services
Access value adding services

Your Business Essentials Lite Package gives you access to our Switching Service, Concierge Service, Business Legal Advice and Enterprise Service Desk at no cost.

How to get it & what you can expect

Qualifying criteria
Qualifying criteria
  • Any registered business entity with the annual turnover below R10 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 limited (for online customers)
documnets required
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 (Although not applicable for start-up businesses and sole proprietors. Business member/owner to submit three month 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 cost
What it costs
Account features
Account features
  • 10 electronic transactions (transfers and payments)
  • Transactions in excess of the 10 bundled to be charged at premium of R15.00
  • 5 Cash transactions - ABSA ATM Deposits and Withdrawals (capped <R15,000 per month)  
  • Cash transactions in excess of the bundled number and or value of transactions to be charged at a premium fee of 2% of the deposit or withdrawals value
  • Transactions which do not form part of the bundled transactions to be charged at the normal Pay As You Transact (PAYT) basis.
  • Free Point-of-Sale transactions
  • Unlimited prepaid airtime transactions
  • Absa Online
  • Value Added Services
    • Legal advice and
    • Concierge Services
    • Switching Services
    • Enterprise Service Desk

*Download our Business Client Agreement

need help

Need more help?

Let one of our consultants assist you.

If you need more information on opening a Business Account online.

Call us on:

0861 000 734

If you’re a new customer or you don’t bank with us

Call Business Banking on:

0860 040 302