Our Islamic Business Essentials Package is best suited for growing businesses with high volume transactions. Get unlimited point-of-sale, NotifyMe and prepaid airtime transactions when you apply for this high volume Islamic business account.

Electronic payments

Make as much as 75 online payments and transfers per month.

Unlimited POS transactions

Swipe your card and buy prepaid airtime as many times as you want.

We make business banking 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

  • Account features

    • Shari’ah compliant.
    • 75 electronic transactions (transfers and payments).
    • Transactions in excess of the 75 bundled to be charged at premium of R20.18.
    • Transactions which do not form part of the bundled transactions to be charged at the normal Pay As You Transact (PAYT) basis.
    • Unlimited POS transactions.
    • Unlimited prepaid airtime transactions.
    • Absa Online Banking subscription fee included.

    *Download our business client agreement

  • Qualifying criteria

    • Any registered business entity with an 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 customer).
  • 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 consultants assist you.

For 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 us on:

0860 040 302