The story of African Bank in South Africa is a fascinating narrative of growth, challenges and resilience. Founded in 1975, African Bank began as a bank focused on providing affordable financial services to African communities in South Africa that were often overlooked by traditional financial institutions.
From the outset, the bank had a clear mission to promote financial inclusion and improve the quality of life of people who previously did not have easy access to banking services. The bank has grown over the years, expanding its presence through branches in various regions of South Africa.
One of the notable milestones in the history of African Bank has been its commitment to financial education. Recognizing that many people lacked sufficient knowledge on how to manage their finances, the bank launched educational initiatives and awareness programs to help customers make informed and responsible financial decisions.
Fees and commissions
| Monthly bundle fee | Free |
| ATM Balance enquiry | R4.00 |
| Card replacement fee | R70.00 |
| SMS notifications fee | R0.40 |
| Cash deposit at cash acceptor machine | R3.50 per R100.00 |
| Point of sale purchases | Free |
| Online purchase fee | Free |
African Products Reviewed by Infinity Discover:
How to open an account
To open your account is very easy, and can be done quickly and online.
Requirements to open your account:
- Must have a valid South African identity.
- Be 18 years or older at the time of registration.
- Have proof of residence less than 3 months old at the time of registration.
To open your account, follow the steps below:
- Go to the official website and choose your account.
- See the benefits and click “APPLY NOW”.
- Fill out a form with your information.
- Create a password e receive your offer.
To learn more, visit the official website: https://www.africanbank.co.za/
Talk to African:
For the customer service center please contact via:
- Tel: 0861 111 011
- Tel: 011 207 4500
- E-mail: [email protected]
Hours of operation: Monday to Friday: 7h00 to 19h00 – Saturday: 8: 00 to 16: 00 – Sunday: 8: 00 to 14: 00
You can also follow African on social networks:
