Are you interested to learn about the Absa business evolve core package in South Africa? Then read through this guide to learn.
This is a pay-as-you-transact account tailored for sole proprietors.
The account is easy to maintain with affordable fees for the various services offered.
We will first show you the requirements to apply for this account.
What Are The Requirements
Below are the requirements to apply for the Absa business evolve core package:
- You need a valid South Africa
- Provide proof of your address
- Provide proof of physical address of the business
- Submit three months bank statements of your account
- You need to provide a company resolution if the business has more than one signatory
To qualify for the account, you need to be a sole proprietor with an annual turnover of up to R5 million.
These are the basic requirements for the Absa business evolve core package in South Africa.
Now that you know the account requirements, we will show you the features of this package.
Absa Business Evolve Core Package
You get 24-hour access to Absa online and the Absa banking app with no additional monthly management fee.
You get assistance with your day-to-day withdrawals, cash-free payments, and purchases.
You have the option of getting a secondary debit card and personalizing your services.
You have access to liquidity plus as this is a demand call account.
You get to retain your existing account number even when you change between business transactional account types or price plans.
You have access to the self-service portal, Absa ATMs, Absa-supported ATMs, and branch network.
You also access the cash-handling service and can view your statements online through Absa or through email.
These are the features of the business evolve core package in South Africa.
Now that you know the features of this account, we will show you the costs of this account.
What Is The Cost Of Absa Business Evolve Core Package In South Africa
You are not charged any monthly fee with this account.
You can access a cash flow manager at no additional monthly management fee.
Electronic transactions are priced according to tier levels where you pay for what you can afford and save.
You are not charged anything for inter-account transfers and Absa-to-Absa debit orders.
There is no monthly fee on Absa SmartPay card payment device.
This is the cost of Absa’s Business Evolve Core Package in South Africa.