Capitec disrupts business banking by charging the same as personal banking

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The bank will save businesses up to 50% in banking fees.

The World Economic Forum estimates that 5.78 million small and medium-sized enterprises in South Africa don’t have bank accounts because of high bank charges and transaction fees.

“We understand the challenges businesses face through traditional banking,” said Capitec CEO Gerrie Fourie. “Our approach to business banking is client-centric in the same way we do for our retail bank,” said Fourie. Everyone gets personalised service and support through exclusive access to a Relationship Banker for all their business needs – either in-person, online, or in-app.Forex services, rental finance solutions and payments services makes it more convenient and more affordable to run a business

 

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