Rates and fees

Running a business can be overwhelming, but your banking fees shouldn't be. Here's our latest Business Bank rates and fees.

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Business transaction fees

Monthly service fee
Transactional account - Business65.00
Entrepreneur (Private Banking)375.00
Credit card - primary card/secondary card40.00
Credit card - account40.00
Monthly overdraft/loan service69.00

Cash deposit
All Transactional Accounts(Capitec ATM)1.10 per 100.00
Deposits at Absa Bank (Branch)28.00 + 2.00%

Cash withdrawal
Transactional Accounts and Business Credit Card(Capitec ATM)9.50 per 1 000.00
Transactional Accounts and Business Credit Card(International)80.00
Transactional Accounts and Business Credit Card(Other ATM)10.50 per 1 000.00
Entrepreneur account (Capitec ATM) (Only Saswitch ATM fee included in monthly account)FREE
Entrepreneur account (international) (Only Saswitch ATM fee included in monthly account)80.00
Entrepreneur account (other ATM) (Only Saswitch ATM fee included in monthly account)FREE

Debit card purchase
Point of sale5.00
Point of sale (international)11.50
Inter-account transfer fee (transfer between own accounts)
Transfer between own accounts (app/online banking)FREE
Transfer between own accounts (branch)25.00
Debit order
Transactional accounts5.00
Entrepreneur accountFREE
Beneficiary/Bill payment/Standing orders
Transactional Accounts and all Credit Cards (app/online banking)5.00
Transactional Accounts and all Credit Cards (branch)65.00
Entrepreneur accountFREE
Entrepreneur account (branch)65.00
Other payments fees
Immediate payment to another bank (app/online banking)7.50
Straight Through Payment (STP)40.00
SARS eFiling fee10.00
Batch payment per item (app/online banking)5.00
Stop Payment on All Transactional Accounts80.00
Balance order42.50
Payment Recalls (app/online banking)160.00
NotificationsFREE

Unsuccessful ATM fees due to insufficient funds
Debit card (Capitec ATM)2.50
Debit card (international)11.00
Debit card (other ATM)8.00
Credit Card (Capitec atm)2.50
Credit card (international)11.00
Credit card (other ATM)11.00
Stop order rejected due to insufficient funds
All Transactional Accounts7.00
Over the limit fee
All Transactional Accounts100.00
Debit order return due to insufficient funds
All Transactional Accounts and all Credit Cards7.00
Denied transaction fee due to insufficient funds
Internet Banking - Future dated payment /Insufficient funds on
action date
7.00
Early redemption of investment: Admin
All investments (excluding 367 Day Notice)3% on the amount withdrawn for the period to maturity + admin fee of R287.50
367 Day Notice1% on the amount withdrawn for the period to maturity + admin fee of R287.50
TESA345.00
Other penalty/unsuccessful transaction fees
Disputes: False Disputes on all Credit Cards80.00

First statement
First statement on all products sent by email/postFREE
ATM mini statement
Debit card (Capitec ATM)5.00
Duplicate statement and provisional statement
All Transactional Accounts and all Credit Cards25.00
Daily statement
All Transactional Accounts100.00
Weekly statement
All Transactional Accounts50.00

Initiation on credit cards250.00
Replacement Card
Debit card/all credit cards100.00
Card delivery fee
Credit card courier250.00
Credit card urgent courier454.00
Credit card urgent courier - international (quote dependent on country destination)POA
Balance enquiry
Debit Card and Business Credit Card (Capitec ATM)FREE
Debit Card and Business Credit Card (international)9.00
Debit Card and Business Credit Card (other ATM)8.00
Credit Card - Entrepreneur Card (Private Banking) (Capitec ATM)FREE
Credit Card - Entrepreneur Card (Private Banking) (international)9.00
Credit Card - Entrepreneur Card (Private Banking) (other ATM)FREE

Foreign payments
Foreign inward payment - SHA/BEN350.00
Foreign inward payment - OUR250.00*
Foreign outward payment - SHA/BEN250.00
Foreign outward payment - OUR500.00**
SWIFT query138.00

Payment recalls (app/online banking)160.00
Password re-issue (app/online banking)FREE
Secure message on online banking (app/online banking)FREE
Beneficiary notifications on email, SMS (app/online banking)FREE
 

*Inward payment received with “OUR” Charge Option attract a reduced fee as the difference is claimed from the foreign bank

**Outward payment sent with “OUR” Charge Option attract a higher fee as the client agrees to cover the sender’s correspondent bank fee