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

    √

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Need more help?

Call:

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

Email:

talktous.tz@absa.africa