Business Banking

Business Current Account

Go to new platform

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.

R
95
Min Monthly fee

Some of the benefits

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Convenient payment solutions

Get quick and safe payments from your customers with our innovative point of sale (POS) devices and solutions

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Access business lending solutions

Boost your business’s cashflow with a business overdraft, business loans, revolving credit, and debit or structured finance

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Travel insurance

Get free basic travel insurance every time you pay for your travel ticket using your Standard Bank Visa Business cheque card

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Dedicated support

Get cross-border and international business support as well as access to our BizDirect support team for any business queries

  • Secure chip- and PIN-enabled cheque card with automatic lost card protection

  • Earn UCount Rewards Points whenever you swipe your business debit card

  • Access secure electronic transfers, pre-paid purchases, and payments

  • Custom payment and collection solutions, including innovative point of sale (POS) devices

  • Dedicated support from the BizDirect team

  • Cross-border and international business support

  • eStatements for easy filing

  • Receive transaction notifications via MyUpdates

  • Contact us via WeChat or Facebook Messenger

Business debit card
  • Your MasterCard Business debit card is linked to your business accounts for easy access

  • Pay for purchases locally and internationally wherever MasterCard is accepted

  • Bank via any of our electronic banking channels

  • Tap to Pay™ at till points for R500 or less

  • Link your card to 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 provide significant discounts on business-related services and benefits, including travel and accommodation, stationery, advertising, and cleaning services (see latest offers at visa.co.za or merchantoffersresource.visa.com)

  • Cards can be used at toll roads, car rental companies, hotels, and for telephone and Internet purchases

  • Access 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

Monthly fee ranges from R95 to R 155
  • No opening deposit required

  • No minimum balance required

  • Annual card fee is included

  • Monthly fee depends on your annual turnover:

    • R0 – R5 million (Enterprise Direct Banking): R95

    • R5 – R10 million (Enterprise Portfolio Banking): R95

    • R10 – R100 million (Relationship Banking Growth): R110

    • R100 – R300 million (Relationship Banking Premium): R140

    • R300 million or more (Commercial Banking): R155

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

To apply
  • Click on the Apply now and leave your contact details. We will call you back.

  • Visit your nearest branch

Are you ready to move to Standard Bank?

SWITCH

Tips and guidance

Need assistance with your company registration?

Operating your business as a company separate from our personal affairs has many advantages. Standard Bank has partnered with CIPC who will guide you through your business registration.

Register online at BizPortal
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We also offer

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Get rewarded for your everyday business purchases by joining our UCount Rewards for business programme. Earn Rewards Points every time you use your Business Credit, Cheque or Debit card to pay for your purchases - no need to swipe your Rewards Card to earn. 

1

JOIN

Sign up for R 365 a year to collect Rewards Points, and activate your Business Rewards card to redeem them

2

EARN

Collect Rewards Points whenever you pay by credit, cheque or debit card

3

SPEND

Use your Business Rewards card to redeem points for fuel, office supplies or travel deals

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