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NEDBANK Small Business package offers small and medium sized business an opportunity to grow. If you have Annual turnover of below US$3m(equivalent) per annum allow us to introduce our range of customised small business solutions:-

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Small Business Current Account

Our current account lies at the heart of Nedbank Small Business offering.

Sole Trader Account

For sole proprietors/ traders, who operate blow the mandatory tax registration requirements. Sole Trader account allows traders to segregate their business activity from their individual income, as well as to establish banking history which is important for lending purposes.

SME Call Account

SME Call Account is targeted at SME’s that need to save towards a rainy day or preserve funds from surplus cash. It also allows savings towards purchase of vehicles, equipment or business premises.

Account Opening Requirements

Our Account opening requirements include, but not limited to:

Certificate of incorporation/ Private Business Certificate/ Business Operating Licence
Memo and Articles of Association
Tax Clearance Certificate
Constitution ( Informal Bodies)
CR2, CR6 and CR14 Forms
Identity documents for all Directors, e.g, National ID/ Passport
Proof of residence for all directors & signatories( Utility bills-water, electricity, telephone)
2 Passport size Photo's
3 months Bank statements from current/ previous bankers