• What you get

    Benefits of this account
    • A VISA debit card that is accepted worldwide
    • Access to 32 branches and 114 ATMs countrywide
    • Internet banking
    • Access to trade finance and cash management products and services
    • Access to a relationship manager (turnover of P10 million and above)

  • Business Club


    The Business Club is an initiative under the Enterprise and Supply Chain Development (ESD). The mandate of the Club is to build capacity and help move SMMEs forward.

    How to join
    • To apply for the Absa Business Club, an SME/SMME must have an Absa Business Banking KYC compliant account to facilitate payment of monthly subscription fees
    • The business account opening forms can be found in any of the 38 Absa branches in Botswana and the ED Centre
    • The monthly subscription fees required are P134.39
    Benefits of the Business Club
    • Get access to our Enterprise Development (ED) Center which gives you access to:
      • Boardroom that seats 8 people and has a projector that can be used for meetings and presentations
      • Printing
      • Free Wi-Fi
      • Workspace with a laptop
      • Please note the ED Center is open for use weekly from 0800-1700 and it is located on the First Floor, Absa Industrial Branch, Old Lobatse Road, Gaborone, Botswana
    • Capacity Building, which includes skills training and networking opportunities that will equip and capacitate your business in terms of accounting, business plan development, tax and general skills necessary for running a sustainable business
    • Market Development, creating sustainable and longer-term access to wider market for goods and services
    • Access to the Business Development Manager (find out moreby calling 3988511)

  • Documents required

    Documents required to apply
    • Memorandum and articles of association
    • Form 3 (Certificate of Incorporation)
    • Form 2 (shows list of directors)
    • Form 5 (shows location and address of business)
    • Share certificates
    • New company documents registered July 2007:
      • Certificate of incorporation
      • Form 13 consent and certificate of directors of an existing company
      • Form 14 Notice of change of directors or secretary and particulars of directors or secretary
      • Form 15 Notice of change of registered office (only required if there is a change after incorporation)
    • Resolution - opening an account with Absa, stating signing arrangements, signed by ALL directors and stamped by company secretaries/for an existing account confirmation of the current signatories
    • Directors’ signatories: identity documents (Omang for Batswana and passports for non-citizens)
    • Address verification for the company and directors: utility bills for the company (not more than three months old) , i.e. water utilities bill, electricity bill, telephone (btc) bill, or letters of confirmation from company secretaries Please note both the physical and postal address should be incorporated in the bill
    • Kindly note that if the prospective customer is owned by another company, we require certificate of incorporation, share certificates, list of directors form, company structure, address verification for the company and directors, IDs for all directors, signatories into the account and shareholders OR key stakeholders of the parent company (Omang for Batswana and passports for non-citizens). All ultimate beneficiary owners KYC is required
    • Company structure stamped by company secretaries, showing the names of the key controllers and percentage of shares they hold
    • 12 months’ cash-flow projections for new companies or latest financial statements for existing companies
    • P2,000 opening balance required to activate the account
    • Company profile which should include background about the director/s, company and the services they offer
    • Directors’ source of income and source of funds (payslip) or declaration of income form to be completed
Need more help?

Call us on:
+2673159575 (Contact centre)
0800 600 444 (BTC Toll Free)
150 (Mascom Toll Free)

Email us:
absa.commercial@absa.africa