Various loan accounts, for different purposes and over different repayment terms, can be created from the approved line of credit.
What banking solutions are you looking for?
Get an ongoing line of credit
The structured loan portion of the Universal Package gives you the power of an ongoing line of credit that, once approved, is readily available.
Choose a loan that suits your needs
Once approved, the funds can be used as you see fit – to purchase a vehicle, secure a property, take advantage of an investment opportunity, grow your business, improve your lifestyle, enjoy a once-in-a-lifetime experience or purchase a gift. It truly provides the freedom to use the money as you choose.
Private Banking offers a range of innovative home loan options that are structured according to your individual requirements – all facilitated through your dedicated and professional private banker.
As a Private Banking client you are eligible to Private Banking vehicle finance. This is our premier vehicle finance solution that streamlines your vehicle purchase process from start to finish.
Your answer to success is Practice Management
The Practice Management offering consists of a transactional account through which the affairs of your practice are conducted. In addition to the transactional account, you have access to a line of credit, which can be allocated to an overdraft only or to an overdraft and structured loans.
How to get it and what to expect
- Professional practices
- Dedicated private banker
- Private Assist – 24/7 access to professional query resolution and account administration via a direct telephone and e-mail service
- Priority services at selected Absa branches
- Support from and access to a team of financial specialists
- Offshore banking and investment services
- Professional on-line stockbroking service
- Foreign exchange services
- Onshore and offshore mortgage
- Business credit card
- Preferential interest rates
- Card delivery and pin
- 57 days interest free
- Global acceptance
- Lost card protection
- Detailed monthly statements with option of eStatements
- Chip and pin security
- Budget facility
- Automatic monthly payment of outstanding balance