• What you get

    Benefits of this account
    • Interest is calculated daily based on the balance
    • Interest is paid quarterly
    • One free withdrawal per quarter. Additional withdrawals are charged at P30
    • If you don’t withdraw in a quarter, you earn bonus interest
    Requirements for this account
    • You need a minimum of P2,000 to open and operate the account

  • Documents required

    Documents required to apply
    • Form 3 (Certificate of 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: ID documents (Omang for Batswana and passports for non-citizens)
    • Address verification for the company and directors: letters of confirmation from company secretaries. Please note both the physical and postal address should be clearly stated in the letter
    • 12 months’ cash flow projections for new companies or latest financial statements for existing companies
    • P2,000 opening balance required to activate the account
    • 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