If you are a business with an annual turnover between R10 million and R100 million we can provide you with the necessary banking support through our Absa Growing Business Account.  With this account you can open an unlimited number of business accounts, as well as personalise your account and debit card.

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Access to a Service Desk

Our Service Desk helps you with your day-to-day banking needs through a dedicated team of bankers on call. This desk is accessible to our Growing Business Account holders on
0860 040 302.

Free access to value adds

When you get your Absa Growing Account, you get value adding offerings: switching service, concierge service and business legal advice at no cost.

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Get free access to Enterprise Development Centers

When you get an Absa Growing Business Account you also get business support services from our Enterprise Development Centers.

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How to get it and what you can expect

Qualifying criteria
  • Any registered business entity with an annual turnover between R10 million – R100 million
  • 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 - R128.00
  • Monthly cheque service fee - R75.00
Account features
  • Debit card: assisting you with day-to-day cash withdrawals and cash-free payments and purchases.
  • Unlimited channel access: access to our branch network as well as our electronic platforms, including; internet Banking, the App, self-service kiosks, ATMs and Absa supported ATMs.
  • Statements either via post or email.
  • Cheque book: a personalised cheque is available if required.
  • Multiple accounts: open an unlimited number of business accounts.
  • One account number for life: retain existing account number when changing between current accounts.
  • Block debit orders: block unwanted debit orders to protect your funds from being used fraudulently.
  • Transfer charges: transfer banking fees to another Absa current account in your profile.

*Download our Business Client Agreement

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