The cheapest business accounts in South Africa – FNB vs Absa vs Standard Bank and more

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These are the cheapest business bank accounts on offer in across South Africa’s most popular banks.

South Africa is still a land of opportunities for businesses of all sizes despite the ongoing economic hardships.

For entry-level businesses and entrepreneurs in South Africa, the Pay-As-You-Use business account is one of the cheapest and most flexible options available. Additionally, Nedbank offers its Business PAYU account to customers with an annual turnover of less than R3 million. It also doesn’t offer unique business banking services like Bank Zero, which lists a host of third-party charges such as card customisation and delivery, balance requests, and proof of payment via SMS.

 

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