After 4 years of no increases, SA and Africa’s best business bank is again keeping fee changes below inflation

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[Promoted] After 4 years of no increases, SA and Africa's best business bank is again keeping fee changes below inflation

FNB continues its commitment to support businesses by curbing fee changes below inflation while enhancing value-added solutions as some sectors remain under pressure due to the impact of Covid-19 and rising inflation heightened by unforeseen events, including the recent floods in KwaZulu-Natal and global events affecting supply chains.“In alignment with our strategy to help businesses to start, run and grow, our priority is to assist our clients manage the cost of doing business.

Following the surge in side-hustles started by entrepreneurs during the Covid-19 pandemic, FNB has simplified and made its low cost First Business Zero account more accessible to start-ups and digitally savvy sole proprietors. “We have also enhanced our Single Free Pricing Option bundles to offer more value to clients by including up to 2 free Gold credit cards with the current account, increasing the number of free account payments as well as reducing the out-of-bundle fee.”withdrawals and a basket of free ATM deposits and withdrawals remain included in the bundles, amongst other benefits.”

“2022 has so far been characterised by rising costs affecting all the industries, we believe that it is prudent to help businesses to contain costs by keeping our fee changes to below inflation while adding more value and benefits to our value propositions.”

 

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