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.
Running a business can be overwhelming, but your banking fees shouldn't be. Here's our latest Business Bank rates and fees.
| Monthly service fee | |
|---|---|
| Transactional account - Business | 65.00 |
| Entrepreneur (Private Banking) | 375.00 |
| Credit card - primary card/secondary card | 40.00 |
| Credit card - account | 40.00 |
| Monthly overdraft/loan service | 69.00 |
| 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 sale | 5.00 |
| 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 accounts | 5.00 |
| Entrepreneur account | FREE |
| 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 account | FREE |
| 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 fee | 10.00 |
| Batch payment per item (app/online banking) | 5.00 |
| Stop Payment on All Transactional Accounts | 80.00 |
| Balance order | 42.50 |
| Payment Recalls (app/online banking) | 160.00 |
| Notifications | FREE |
| 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 Accounts | 7.00 |
| Over the limit fee | |
| All Transactional Accounts | 100.00 |
| Debit order return due to insufficient funds | |
| All Transactional Accounts and all Credit Cards | 7.00 |
| 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 Notice | 1% on the amount withdrawn for the period to maturity + admin fee of R287.50 |
| TESA | 345.00 |
| Other penalty/unsuccessful transaction fees | |
| Disputes: False Disputes on all Credit Cards | 80.00 |
| First statement | |
|---|---|
| First statement on all products sent by email/post | FREE |
| ATM mini statement | |
| Debit card (Capitec ATM) | 5.00 |
| Duplicate statement and provisional statement | |
| All Transactional Accounts and all Credit Cards | 25.00 |
| Daily statement | |
| All Transactional Accounts | 100.00 |
| Weekly statement | |
| All Transactional Accounts | 50.00 |
| Foreign payments | |
|---|---|
| Foreign inward payment - SHA/BEN | 350.00 |
| Foreign inward payment - OUR | 250.00* |
| Foreign outward payment - SHA/BEN | 250.00 |
| Foreign outward payment - OUR | 500.00** |
| SWIFT query | 138.00 |
| 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