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How to open a bank account

How to open a bank account

A bank account is a safe and reliable way to keep your money, and many jobs nowadays require you to have a bank account to receive your salary.

All you need is your ID book and proof of residence to open an account at any South African Bank. Pick an account and a bank that works for your needs including low fees and benefits to match your lifestyle.

Basic transactional accounts offer:

  • A debit card to use for withdrawals and deposits of cash
  • SMS notifications of your transactions
  • Cell phone banking, so that you can transact from your phone at minimal cost

What you will need

  • SA ID book or valid passport with the relevant study/work permits
    Note: Green barcoded ID book or smartcards only
  • Proof of residence
    Note: Utility bills or a bank-letter completed by your landlord, local chief or councillor

Who can open a bank account in SA?

  • South African Citizens
  • Foreign Nationals living in SA