South Africa
Business Current Account
Run your business with a business bank account that lets you manage your money and transact 24/7 from your Banking App or Internet Banking. Our business current account gives you access to secure electronic transfers, pre-paid purchases and payments, and allows you to boost your business’s cashflow with tailored business lending solutions
Some of the benefits
Convenient payment solutions
Get quick and safe payments from your customers with our innovative point of sale (POS) devices and solutions
Access business lending solutions
Boost your business’s cashflow with a business overdraft, business loans, revolving credit, and debit or structured finance
Travel insurance
Get free basic travel insurance every time you pay for your travel ticket using your Standard Bank Visa Business cheque card
Dedicated support
Get cross-border and international business support as well as access to our BizDirect support team for any business queries
WHAT YOU GET
- Secure chip- and PIN-enabled cheque card with automatic lost card protection
- Earn UCount Rewards Points whenever you swipe your business debit card
- Access to secure electronic transfers, pre-paid purchases and payments
- Custom payment and collection solutions such as innovative point of sale (POS) devices
- Dedicated support from the BizDirect team
- 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
- Tap to Pay™ at till points for R 500 or less
- 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 Banking App
Business cheque card
- Your Visa Business cheque card offers all the functionality of your debit card and more:
- 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
- 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 http://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 digital 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 and legal referral and company liability waiver insurance
WHAT IT COSTS
- No opening deposit
- No minimum balance
- Annual card fee included
Monthly fees 2020:
| Small enterprise | : R 85.00 |
| Business | : R 100.00 |
| Commercial | : R 115.00 |
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
- Secure chip- and PIN-enabled cheque card with automatic lost card protection
- Earn UCount Rewards Points whenever you swipe your business debit card
- Access to secure electronic transfers, pre-paid purchases and payments
- Custom payment and collection solutions such as innovative point of sale (POS) devices
- Dedicated support from the BizDirect team
- 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
- Tap to Pay™ at till points for R 500 or less
- 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 Banking App
Business cheque card
- Your Visa Business cheque card offers all the functionality of your debit card and more:
- 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
- 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 http://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 digital 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 and legal referral and company liability waiver insurance
- No opening deposit
- No minimum balance
- Annual card fee included
Monthly fees 2020:
| Small enterprise | : R 85.00 |
| Business | : R 100.00 |
| Commercial | : R 115.00 |
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.
In 3 minutes you’ll know if your business overdraft has been approved.
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.
