Business banking
Compare Business Bank Accounts in South Africa
Compare South African business bank accounts, monthly fees, payment charges, cash facilities, digital banking features and eligibility requirements. Understand the full cost of business banking before choosing an account.
Bank fees, account features and eligibility can change. Confirm the current tariff and account terms directly with the bank. Information checked 29 October 2026.
Compare business accounts
The bank name links to the WiT Money profile. The gold button opens the bank's website. It is not an application, and it is not labelled as opening an account.
17 of 17 accounts. The list is in bank name order. Nothing is ranked as the cheapest account.
Bundled transactions. Extra use can still be charged. A bundle is not unlimited unless the bank says so.
- Monthly account fee
- R725 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- 150 electronic transactions; additional bundles
Eligibility. Registered businesses; up to R500m turnover per product page A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Suited to heavier activity
Considerations
- High monthly fee
- Bundles have caps
Notes checked 29 October 2026. Named legal entity: Absa Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Bundled transactions. Extra use can still be charged. A bundle is not unlimited unless the bank says so.
- Monthly account fee
- R450 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- 85 electronic transactions bundled; business app
Eligibility. Business; confirm eligibility A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Larger electronic transaction bundle
Considerations
- Higher base fee
- Cash limits and fees
Notes checked 29 October 2026. Named legal entity: Absa Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Pay-as-you-transact. A low monthly fee does not include every payment.
- Monthly account fee
- R50 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- Debit card, digital banking and pay-per-transaction fees
Eligibility. Turnover up to R1.5m (published comparison) A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Low published fee
- Digital services
Considerations
- Electronic/cash transactions charged separately
Notes checked 29 October 2026. Named legal entity: Absa Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Pay-as-you-transact. A low monthly fee does not include every payment.
- Monthly account fee
- R115 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- Pay-as-you-transact business banking
Eligibility. Confirm current eligible turnover A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Flexible for different transaction mixes
Considerations
- Transaction costs vary with activity
Notes checked 29 October 2026. Named legal entity: Absa Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Bundled transactions. Extra use can still be charged. A bundle is not unlimited unless the bank says so.
- Monthly account fee
- R335 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- 50 bundled electronic transactions; 2 immediate payments
Eligibility. Registered businesses and sole proprietors; conditions apply A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Predictable bundled package
Considerations
- Unused bundle may reduce value
- Excess fees apply
Notes checked 29 October 2026. Named legal entity: Absa Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Confirm how transactions are priced with the bank.
- Monthly account fee
- R50 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- Business transactional banking and dedicated support
Eligibility. CIPC-registered companies A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Published simple monthly price
Considerations
- Transaction and advanced service fees need checking
Notes checked 29 October 2026. Named legal entity: Capitec Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Relationship pricing. The monthly amount is not a complete tariff.
Pricing is on request. No monthly fee is shown.
- Monthly account fee
- Confirm the current monthly fee with the bank.
- What the account page describes
- Relationship-led business banking
Eligibility. Turnover R60m+ A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Tailored banking for larger enterprises
Considerations
- Relationship pricing
- Limited public cost comparability
Notes checked 29 October 2026. Named legal entity: FirstRand Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Confirm how transactions are priced with the bank.
- Monthly account fee
- R0 monthly account fee. Other transactions may still be charged. This is not a statement that the account is free.
- What the account page describes
- Digital account, unlimited card swipes
Eligibility. Sole proprietor; turnover up to R1m A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- No monthly account fee
- App-based banking
Considerations
- Restricted to sole proprietors
- Other transactions may cost extra
Notes checked 29 October 2026. Named legal entity: FirstRand Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Confirm how transactions are priced with the bank.
- Monthly account fee
- From R49 a month. This is a starting fee, and the amount can be higher. Transaction charges are separate.
- What the account page describes
- SME transactional banking; access to business products
Eligibility. Business turnover R0–R5m A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Published entry-level business account option
Considerations
- Other transactional charges
- Compare bundled terms
Notes checked 29 October 2026. Named legal entity: FirstRand Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Confirm how transactions are priced with the bank.
- Monthly account fee
- From R150 a month. This is a starting fee, and the amount can be higher. Transaction charges are separate.
- What the account page describes
- Business support and transactional account
Eligibility. Turnover R5m–R60m A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Designed for larger SME needs
Considerations
- Higher monthly base fee
- Account eligibility thresholds
Notes checked 29 October 2026. Named legal entity: FirstRand Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Relationship pricing. The monthly amount is not a complete tariff.
Pricing is on request. No monthly fee is shown.
- Monthly account fee
- Confirm the current monthly fee with the bank.
- What the account page describes
- Relationship banking, local/international cash management
Eligibility. Typically >R30m annual turnover A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Specialist mid-market banking
Considerations
- High turnover threshold
- Relationship pricing
Notes checked 29 October 2026. Named legal entity: Investec Bank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Confirm how transactions are priced with the bank.
This row covers a range of accounts, not one priced product.
- Monthly account fee
- Confirm the current monthly fee with the bank.
- What the account page describes
- Business banking and cards
Eligibility. SMEs; account-specific eligibility A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Established bank with multiple business solutions
Considerations
- Exact account tier and current fees require selection
Notes checked 29 October 2026. Named legal entity: Nedbank Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Bundled transactions. Extra use can still be charged. A bundle is not unlimited unless the bank says so.
- Monthly account fee
- R315 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- Bundled transactions; business tools and guidance
Eligibility. Start-ups under one year for special support A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Start-up-oriented services
Considerations
- Higher package fee than entry-level accounts
Notes checked 29 October 2026. Named legal entity: Standard Bank of South Africa Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Relationship pricing. The monthly amount is not a complete tariff.
- Monthly account fee
- R700 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- Business relationship management and digital channels
Eligibility. Business eligibility to confirm A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- High-touch services
Considerations
- Substantial monthly account fee
Notes checked 29 October 2026. Named legal entity: Standard Bank of South Africa Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Confirm how transactions are priced with the bank.
- Monthly account fee
- From R105 a month. This is a minimum, and the fee can vary with turnover. Transaction charges are separate.
- What the account page describes
- Business payments, online banking and card
Eligibility. Monthly fee varies by annual turnover A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Broad business banking services
Considerations
- Published amount is minimum
- Fees vary by turnover
Notes checked 29 October 2026. Named legal entity: Standard Bank of South Africa Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Pay-as-you-transact. A low monthly fee does not include every payment.
- Monthly account fee
- R15 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- Pay-as-you-transact business account; digital banking
Eligibility. Small businesses; confirm exact eligibility A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Low published account fee
Considerations
- Per-transaction costs can add up
Notes checked 29 October 2026. Named legal entity: Standard Bank of South Africa Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Bundled transactions. Extra use can still be charged. A bundle is not unlimited unless the bank says so.
- Monthly account fee
- R175 a month. This is the published base account fee. Transaction charges are separate.
- What the account page describes
- Bundled transactions; 10 electronic payments; card
Eligibility. Businesses with turnover up to R5m (provider page) A mention of one business structure is not a decision that you qualify, and it does not list every structure the bank may accept.
EFT, PayShap, debit-order, cash and international charges are not printed as amounts on this card. A missing charge is not R0. Ask the bank for the current pricing guide.
Advantages
- Bundled banking could help predictable activity
Considerations
- Bundle caps and out-of-bundle charges
Notes checked 29 October 2026. Named legal entity: Standard Bank of South Africa Limited. No licence number is printed here. Confirm the entity and the current tariff with the bank.
Compare selected accounts
Choose up to three. The monthly fee is not the full cost of banking, so the table does not rank a cheapest account.
No accounts selected.
Not shown as a current account
- Bank Zero. Business account — verify current availability. Confirm with the bank before treating a business account as available.
- TymeBank. Business account — verify current availability. Confirm with the bank before treating a business account as available.
Estimate your monthly business banking costs
A card can copy its published monthly fee into this form. It does not copy EFT, cash or debit-order prices, because those tariffs were not recorded as current figures.
Understanding the monthly cost
The figure on a card is the published monthly account fee, where one was found. Pay-as-you-transact accounts often keep that fee low and charge each payment. A bundled account may include a stated number of electronic payments. Extra payments, immediate payments, cash deposits and cash withdrawals can still be charged. An unused bundle is not a saving until you price a normal month.
Standard Bank MyMoBiz Plus is described as including 10 electronic payments. Absa Business Evolve Start is described as 50 bundled electronic transactions and 2 immediate payments. Those allowances are not applied in the calculator, because the out-of-bundle price was not recorded.
Who can open an account
A sole proprietor, a partnership, a private company (Pty) Ltd, a close corporation, a trust and a non-profit are not the same customer. FNB First Business Zero is described for a sole proprietor. Capitec Business Banking for Companies is described for a CIPC-registered company. Other cards say to confirm eligibility. A filter that mentions a sole proprietor only means the eligibility sentence mentions one. It is not a list of every structure the bank accepts.
FICA and the people behind the business
Banks identify the business, the directors or owners, and often the beneficial owners and the people who may sign. They may ask for identity documents, registration documents, an address, and something that shows what the business does. The list is not the same for every applicant. CIPC documents apply to a registered company. They are not a credit approval. Source of funds and updates to customer information can be asked for later.
Payments, cash and who can release a payment
EFT, immediate payment, PayShap, debit orders and bulk files are different charges. This comparison does not print those prices, because a full pricing guide was not checked into each product. Cash deposits are often a percentage, a fixed fee, or both, and they matter for a business that takes cash. A digital account is not assumed to offer branch cash.
Who can see the account, who can load a payment, and who must approve it matters for a partnership, a payroll run and a business with more than one director. User limits and dual authorisation are not shown on these cards, because the records do not confirm them. Ask the bank before you rely on a control that is not in the contract.
International payments, foreign-currency accounts and exchange-control documents are separate from an ordinary EFT. Investec's published line mentions local and international cash management. The other accounts are not described here as including international payments. No exchange rate is shown.
A bank feed into accounting software is not the same as a CSV download. No accounting integration is listed, because none was confirmed on these records.
Deposit insurance
The Corporation for Deposit Insurance covers qualifying deposits up to R100 000 per qualifying depositor, per registered bank, subject to the rules. Cover is not automatically R100 000 on every account. Eligible balances at the same bank may be added together. Not every product sold by a bank is a qualifying deposit. A business overdraft or a business credit card is borrowing, not an insured deposit. No account on this page is marked as CODI protected.
Common questions
- Can a sole proprietor and a company open the same account?
- Not always. Some accounts name a sole proprietor, a turnover band or a CIPC-registered company. The card repeats that eligibility text. It does not decide that your business qualifies.
- Does a low monthly fee mean cheap banking?
- No. EFT, immediate payments, PayShap, debit orders, cash deposits and cash withdrawals can cost more than the monthly fee. A bundled account can still charge for use outside the bundle.
- What does FICA ask for?
- The bank identifies the business and the people behind it. A company usually needs registration documents, directors and beneficial owners. A sole proprietor is not asked for the same company documents. The exact list depends on the bank and the business.
- Are business deposits covered by CODI?
- Qualifying deposits are protected up to R100 000 per qualifying depositor, per registered bank, under the Corporation for Deposit Insurance rules. Cover is not R100 000 per account. Balances at the same bank can be added together. A credit facility is borrowing, not an insured deposit. This page does not mark any account as protected.
- Is a business credit card part of the account fee?
- No. A business credit card is a separate credit agreement. An overdraft is borrowing on the account, not part of the transactional fee shown here.
How WiT Money compares these accounts
Accounts stay in bank name order unless you sort by the published monthly fee. That sort is not a cheapest-bank award, because transaction charges are missing. A listed bank is not a recommendation, and WiT Money does not open the account. FSCA authorisation for another activity is not shown as a banking licence. The named legal entity is the one recorded for the brand. A licence number is not printed.
Related comparisons
A business credit card provides credit. It is not a place the business keeps its deposits, and the limit is not an account balance.
Sources
Page updated 29 October 2026. A source date is the day WiT Money checked that page, not a promise the institution has not changed it since.
- South African Reserve Bank
South African Reserve Bank · checked 28 October 2026
- South African registered banks and representative offices
South African Reserve Bank · checked 29 October 2026
- Corporation for Deposit Insurance: frequently asked questions
South African Reserve Bank · checked 29 October 2026
- Financial Intelligence Centre
Financial Intelligence Centre · checked 29 October 2026
- Companies and Intellectual Property Commission
Companies and Intellectual Property Commission · checked 29 October 2026