Bank Accounts

Business Transactional Account


The Business account is a transactional account that allows registered entities to perform debit and credit transactions on available balances at clients’ convenience and provides them with access to cash through multiple channels, namely ATM, POS, Branch Network, Internet and Mobile Banking.


  • Free Internet banking subscription

  • Free Mobile banking subscription

  • Free Online statement


Minimum opening deposit of R 100.00

Business Registration documents

A resolution to open an accounts

A Tax clearance/ tax number is already registered for Tax

Green bar-coded Identity document or RSA Identity Smart card of all members

Proof of residential address (utility bill, letter from your Council/ Induna), of all members

Marriage certificate if applicable

Rates & Fees

You can view our latest pricing guide here

Other Savings Products

Open an Account 


  • YouTube
  • Twitter
  • Black Facebook Icon
  • Black LinkedIn Icon

Contact Information

Head Office: +27 (0) 31 366 2500  
Call Centre: +27 (0) 80 133 1130

Lost Cards: +27 (0) 80 133 1130

Ithala SOC Limited is an Authorised Financial Services and Credit Provider FSP License No. 17139 NCRCP No. 1559 Reg No. 2001/007427/30.

Ithala SOC Limited is a wholly-owned subsidiary of Ithala Development Finance Corporation Limited