Standard Bank Group is one of South Africa’s largest financial institutions, offering a wide range of banking and financial services, including personal, commercial and Corporate Banking, Asset Management, Investment and treasury services. Founded in 1862, Standard Bank has a beautiful history and a strong presence in Africa, with branches and branches in several countries on the continent.
The bank has been an integral part of South Africa’s economic development and played an important role in the country’s financial sector. It offers a variety of products and services, including bank accounts, loans, mortgages, credit cards, Investment Services and more. In addition, Standard Bank is also involved in social and development initiatives, seeking to contribute to the sustainable growth of the communities in which it operates.
Fees and commissions
| Minimum opening balance | R5,000 |
| Minimum balance to earn interest | R10,000 |
| Maintenance fee | Free |
| Statement (copy - per sheet) | R40 |
| ATM withdrawals (at other local banks) | R50 |
| ATM withdrawals (overseas ATMs) | R75 |
| Standing Orders (to another Absa Account) | R15 |
To learn more visit: www.absabank.mu/en/rates-and-fees/
Standard Products Reviewed by Infinity Discover:
How to open an account
Opening an Absa Bank account is a surprisingly easy and incredibly fast process.
Requirements to open your account:
- A valid South African ID with barcode or a valid foreign passport.
- Proof of address
To open your account, follow the steps below:
- Online Application: Fill in the required details at your convenience
- Digital KYC: Complete your Digital KYC verification Process
- Start Banking: All set! Your Digi Debit card will be delivered at your doorstep. Experience banking services that bring your possibility to life
Talk to Absa:
For general information, contact us through the following contact methods:
- Telephone: 0860 008 600
- Email: [email protected]
Service is available 24 hours a day, seven days a week.
You can also follow ABSA on social networks:
