Our Absa Business Essentials Package gives you a host of benefits which include online banking, 30 monthly electronic payments and transfers, a debit card as well as access to value-added services.

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Keep your business costs under control

Our packaged pricing helps you save and control your banking fees.

Get access to value adding offerings

Your Business Essentials Package gives you access to our switching service, concierge service and business legal advice at no cost.

Gain access Enterprise Development Centers

When you get an Absa Business Essentials package you gain access to our Enterprise Development Centers where you can get assistance, advice and support to build and grow your business.

Get 30 free monthly electronic payments

Your Business Essentials Package includes a current account with 30 free monthly electronic payments and transfers.

How to get it and what you can expect

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 (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
  • Monthly account fee - R199.00
  • Monthly cheque service fee - R75.00
Account features
  • 30 electronic transactions (transfers and payments)
  • Absa Online
  • Value-added services
    • Legal advice 
    • concierge services
    • Debit order switching services
    • Enterprise service desk
  • Transactions in addition to bundled electronic transactions charged at a premium fee of R15.00
  • Other transactions charged at normal pay-as-you-transact rate

*Download our Business Client Agreement

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Need more help?

Let one of our consultants assist you.

If you need more information on opening an Instant Business Account

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