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Business accounts to help your SME grow

We help your small or medium-sized enterprise drive business with trendsetting bank accounts tailored to your needs. You also gain membership to our Business Club, plus we’ve extended our banking hours so you’re always in business.

Business Current Account

Best suited for start-ups and businesses with lower turnovers.

Apply now

SME Enterprise Account

This is an account designed to meet multiple needs of depositors in one offering.

Apply now

Business Foreign Currency Account

Best suited for importers and exporters who make cross-border payments.

Apply now

Business accounts made with your needs in mind

What you get
50 free transactions monthly

Favourable interest rates for loans

Free internet banking for 6 months

Free SMS alerts for rates and transfers

Free chequebooks and monthly statements

Fast-tracked account opening

Free access to our trade finance and cash management solutions

Discount for outward telegraphic transfer (TT)

Dedicated relationship manager for your banking needs
Requirements to open an Absa business account
The following are common requirements for sole proprietors, partnerships and limited companies account opening:

Business licence

Two passport photos

TIN/VAT certificate and letter of introduction

Address verification document (e.g. utility bills or title deed)

ID documents (passport, voter’s ID, driver’s licence or national ID for Zanzibar only)

Specific requirements that apply to partnerships and limited companies

Requirement	Partnership	Company
Board resolution	X	√
Memorandum and articles of association	X	√
Partnership deed	√	X
Certificate of registration	X	√
Management structure and organogram	√	√
Latest audited accounts	X	√
Certificate of incorporation/compliance	X	√

Apply now Find a branch

Need more help?

Call:

Toll Free: 0800750078
+255 (0) 746 882 000
from 08:30 to 17:00

Email:

You are browsing banking for:

What do you want to do:

Business accounts to help your SME grow

Business Current Account

SME Enterprise Account

Business Foreign Currency Account

Business accounts made with your needs in mind

What you get

Requirements to open an Absa business account

Specific requirements that apply to partnerships and limited companies

Need more help?

Toll Free: 0800750078
+255 (0) 746 882 000
from 08:30 to 17:00

talktous.tz@absa.africa

Useful tools

Our sites

Support

Legal

Offers

Experience banking at your fingertips

You are browsing banking for:

What do you want to do:

Business accounts to help your SME grow

Business Current Account

SME Enterprise Account

Business Foreign Currency Account

Business accounts made with your needs in mind

Need more help?

Toll Free: 0800750078 +255 (0) 746 882 000 from 08:30 to 17:00

talktous.tz@absa.africa

Useful tools

Our sites

Support

Legal

Offers

Experience banking at your fingertips

Toll Free: 0800750078
+255 (0) 746 882 000
from 08:30 to 17:00