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Solutions that suit the size of your business

Open a dedicated business bank account to separate business and personal income, build credit history, and get access to our SME business banking services. 

Micro enterprises

Micro enterprises

Annual income of up to N$1.3 million

What you get:

  • Access to basic banking services including day-to-day transacting, internet banking and lending solutions.
Small enterprises

Small enterprises

Annual income between N$1.3 million and  N$5 million

What you get:

  • Enhanced features such as overdraft and working capital finance, debtor management and tender or contract finance options.
  • Access to medium-to-long-term finance solutions including business loans.
Medium enterprises

Medium enterprises

Annual income between N$5 million and N$20 million

What you get:

  • Specialised services including vehicle and equipment finance and investment solutions
  • Access to medium-to-long-term finance options with flexible repayment terms

Features and benefits

Everyday banking

Everyday banking

  • Debit and stop order facilities
  • Online-enabled debit card
  • Online banking
  • Credit card
  • MobiMoney wallet
Payment solutions

Payment solutions

  • PocketPOS
  • Merchant acquiring 
Investment products

Investment products

  • Call accounts
  • Fixed deposits
  • Nedbank Notice Deposit Account

Insurance and risk management solutions

As a business owner, you may need to protect your legacy and the enterprise you've built. Our dedicated Small Merchants Acquiring bankers can tailor a risk mitigation solution for your needs.

 

Our solutions include:

Business insurance
Life insurance

Key person life insurance

Individual life insurance for SME owners

Credit life cover

Growth

How to open an SME Business account

Documents you'll need

Relevant company registration documents.
Proof of BIPA beneficial ownership registration (B01).
Identity documents.
Proof of operating address.
Proof of income tax registration.
Resolution

Need help? Get in touch with an expert business banker

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PayToday enables you to make payments instantly so that you can pay suppliers, shop, buy airtime and electricity, pay for parking, receive payments, and so much more. 

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Nedbank has a variety of portable point-of-sale (POS) solutions, so your customers can pay where it is convenient for them instead of queuing at tills. 

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