• 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)

     

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  • 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 for companies to apply
    • CIPA documents
    • Address confirmation for directors and other key controllers (postal and residential)
    • Address confirmation for entity (postal and operational addresses)
    • Resolution - opening an account with Absa, stating signing arrangements, signed by ALL directors and STAMPED by company secretaries
    • Company profile stating services offered and brief background of the directors
    • Company structure stamped by company secretaries, showing the names of the key controllers/directors and the percentage shares they hold. This should not be an operational structure
    • 12 months' cashflow statements for new companies or current financials for existing companies
    • Directors source of income and source of funds (payslip) or declaration of income to be completed
    • Directors signatories' ID documents (Omang for Batswana and passports for non-citizens)
    • P2000 opening balance required to activate account
    • VAT and TIN registrations (not applicable to newly registered companies)
    • Proof of company operation i.e invoices or contract

     

    Documents required for non-companies: churches, societies and trusts
    • Certificate of registration and constitution
    • Address confirmation for the key controllers (postal and residential)
    • Address confirmation for society (postal and operational addresses)
    • Resolution - to outline updating of account KYC at Absa Bank, confirmation of appointed or current signatories and stating their signing arrangement, signed by relevant committee members and STAMPED
    • Entity structure stamped. Showing key controllers and ultimate beneficiaries
    • Latest financials
    • Key controllers’ source of income and source of funds (payslip) or declaration of income to be completed
    • Key controllers and signatories ID documents (Omang for Batswana and passports for non-citizens)
    • P2000 opening balance required to activate account
    • VAT and TIN registrations or exemption certificate
    • Authorisation letter from higher authorities to open account
    • Profile for the organisation/society
    • Proof of operation
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