Nedbank is a major bank in South Africa. It began a long time ago, in 1888, in Holland. The idea was to help people do business between the Netherlands and South Africa. Later, in 1890, they opened a place in South Africa, in Durban.
Over time, the bank changed its name a couple of times. First, it was called “Nedcor Bank”, and then it became”Nedcor Group”. Finally, in 2003, it merged with Old Mutual, another South African finance company, and became known as Nedbank.
Nedbank is not just a bank, it cares about important things like helping the community and taking care of the environment. They also like to use technology to make it easier for people to do things with their money, such as using the internet to check their balance or pay bills.
Fees and commissions
| Opening of account | Free |
| Minimum account balance | R100.00 |
| Inter-account transfers | Free |
| Replacement of lost/damaged card | R175.00 |
| Annual service fee | R220.00 |
| Monthly statements (fee per page) | R1.00 |
| Balance enquiry | Free |
To learn more visit: https://www.nedbank.com.na/content
Nedbank Products Reviewed by Infinity Discover:
How to open an account
Applying for your account is pretty easy, and you can choose whether you prefer to do it online, in person, or by phone call.
Requirements to open your account:
- You need to be over 18 years old.
- You need to live in South Africa and have a valid South African identity.
- Have a healthy credit score.
To open your account, follow the steps below:
- On the official website, choose which type of account you want
- Click on the “Apply online”button
- Fill in your personal details
- Wait for your account to respond
To learn more, visit the official website: https://personal.nedbank.co.za
Talk to Nedbank:
If you want general information Nedbank offers these options:
- Call the Nedbank Contact centre on 0800 555 111
- Call the MFC Contact Center on 084 196 4473
The Nedbank Contact Center is free and available 24/7.
You can also follow Nedbank on social networks:
