South Africa
Business Current Account
Run your business with a bank account that gives you more freedom and visibility, and the backing of specialists in cash flow money management.
Some of the benefits
Insurance
You get automatic free basic travel insurance every time you pay for your travel ticket using your Standard Bank Visa Business cheque card
Open a gateway to lending
Boost your cash flow with access to a business overdraft, loans, revolving credit and debtor or structured finance
Offer convenient payment
Access innovative payment devices and solutions that allow your customers to pay you quickly and safely however they prefer
UCount Rewards for Business
Earn UCount Rewards points whenever you pay for anything by card, and spend them on fuel, trips or office supplies
WHAT YOU GET
- 24/7 access to the BizDirect support team
- Secure electronic transfers, pre-paid purchases and payments
- Custom payment and collection solutions
- Cross-border and international business support
- eStatements for easy filing
- Notifications on transactions via MyUpdates
- Get in touch with us via WeChat or Facebook Messenger
CARD FEATURES
Business debit card
- Your MasterCard Business debit card is linked to and gives you access to your business accounts.
- You can pay with your card for purchases locally and internationally wherever MasterCard is accepted, and you can do your banking via any of our electronic banking channels.
- Secure chip- and PIN-enabled cheque card
- Tap to Pay™ at till points for R 500 or less
- Earn UCount Rewards for Business when you pay by card
- Link your card to the SnapScan or Masterpass apps to pay by phone
- Activate or disable till-point, ATM and online card functionality using our app
- Automatic Lost Card Protection
Business cheque card
- Visa Business cheque card which also comes with chip and PIN security features. Your Visa Business cheque card offers all the functionality of a debit card and more:
- You get automatic free basic travel insurance every time you pay for your travel ticket using your Standard Bank Visa Business cheque card
- Additional travel cover is available at preferential rates
- Free lost card protection
- Visa Commercial Offers has significant discount on business related services and benefits, including travel and accommodation, stationery, advertising and cleaning services (subject to latest offers on www.visa.co.za)/ (https://merchantoffersresource.visa.com)
- Cards can be used at toll roads, car rental companies, hotels, and for telephone and Internet purchases
- Access to your Business current account via self-service banking channels, subject to limits authorised by account signatories.
- Additional cards are available for signatories on your Business current account
- Contactless transactions can be performed for small value purchases
- GCAS - Dedicated 24/7 Visa cardholder services to assist with international emergency card/cash replacement
- Medical & legal referral
- Company liability waiver insurance
WHAT IT COSTS
- No opening deposit
- No minimum balance
- Annual card fee included
- Monthly fees:
Small enterprise : R 80.00 Business : R 95.00 Commercial : R 110.00
How to get it
Documents Required
- ID of owners and signatories
- Proof of address not older than 3 months
- Company registration documents if a registered company
To submit your documents online
- On completing the online application process, you’ll see an email address
- Click on the email address to generate a reference number* in the subject field.
- Attach the required documents to this email and send it through to us
*You can use this reference number if you have any queries
To submit your documents in-branch
- Visit your nearest branch with your documents and we’ll process them for you
-
WHAT YOU GET
-
CARD FEATURES
-
WHAT IT COSTS
-
How to get it
- 24/7 access to the BizDirect support team
- Secure electronic transfers, pre-paid purchases and payments
- Custom payment and collection solutions
- Cross-border and international business support
- eStatements for easy filing
- Notifications on transactions via MyUpdates
- Get in touch with us via WeChat or Facebook Messenger
Business debit card
- Your MasterCard Business debit card is linked to and gives you access to your business accounts.
- You can pay with your card for purchases locally and internationally wherever MasterCard is accepted, and you can do your banking via any of our electronic banking channels.
- Secure chip- and PIN-enabled cheque card
- Tap to Pay™ at till points for R 500 or less
- Earn UCount Rewards for Business when you pay by card
- Link your card to the SnapScan or Masterpass apps to pay by phone
- Activate or disable till-point, ATM and online card functionality using our app
- Automatic Lost Card Protection
Business cheque card
- Visa Business cheque card which also comes with chip and PIN security features. Your Visa Business cheque card offers all the functionality of a debit card and more:
- You get automatic free basic travel insurance every time you pay for your travel ticket using your Standard Bank Visa Business cheque card
- Additional travel cover is available at preferential rates
- Free lost card protection
- Visa Commercial Offers has significant discount on business related services and benefits, including travel and accommodation, stationery, advertising and cleaning services (subject to latest offers on www.visa.co.za)/ (https://merchantoffersresource.visa.com)
- Cards can be used at toll roads, car rental companies, hotels, and for telephone and Internet purchases
- Access to your Business current account via self-service banking channels, subject to limits authorised by account signatories.
- Additional cards are available for signatories on your Business current account
- Contactless transactions can be performed for small value purchases
- GCAS - Dedicated 24/7 Visa cardholder services to assist with international emergency card/cash replacement
- Medical & legal referral
- Company liability waiver insurance
- No opening deposit
- No minimum balance
- Annual card fee included
- Monthly fees:
Small enterprise : R 80.00 Business : R 95.00 Commercial : R 110.00
Documents Required
- ID of owners and signatories
- Proof of address not older than 3 months
- Company registration documents if a registered company
To submit your documents online
- On completing the online application process, you’ll see an email address
- Click on the email address to generate a reference number* in the subject field.
- Attach the required documents to this email and send it through to us
*You can use this reference number if you have any queries
To submit your documents in-branch
- Visit your nearest branch with your documents and we’ll process them for you
Tips and guidance
Getting started
Getting started
Learn to make the most of your new card.
Managing your business
Managing your business
Growing your business
Growing your business
Get tips and tools on strategising, innovating and accelerating growth from BizConnect™
Registering for chat services
Registering for chat services
Speak to your banker anytime through social media.
We also offer
Business Overdraft
As a short-term credit facility on your Business Current Account, your overdraft is a quick and convenient way to free up your cash flow.
Business Revolving credit plan
Open a line of business credit to use as working capital or bridging finance to expand your operations or make acquisitions.
