Below is How To Open An FNB Account In South Africa
I personally bank with FNB (First National Bank) so I must say if you’re thinking of opening a bank account with them, you’re making a great decision. They offer all sorts of benefits like eBucks, airport lounge visits and discounts on flights, etc. The best part? You can open an account online without walking into a branch.
To open an FNB bank account online you need to go through these 3 steps:
Gather the documents that you’ll need to open an FNB bank account.
Choose an FNB account that will suite your needs.
Apply for the FNB bank account online.
Ready to get started? Great, in the next sub-heading, we’ll take a quick look at the documents you need on hand.
Documents You’ll Need To open an FNB Bank Account Online
As with any bank account application, you’ll need to get all your paperwork in order before starting the application. Because you’re applying online, scan these documents and save them on the same computer you’ll be using during the online application.
Documents you’ll need as a South African:
Proof of identity. You can use a passport, I.D, or even a valid driver’s license.
Recent payslip. *Not required for FNBy bank account.
Three months of bank statements if you have any. *Not required for FNBy bank account.
Proof of address. Generally, they accept a utility bill, or a letter from the owner of the property along with a utility bill if you’re a tenant.
Minimal opening deposit. This amount will depend on the FNB bank account you choose in the next step. Just as a thumb suck, though, it’s generally around R50 for a savings account. *Not required for FNBy bank account.
Documents you’ll need as a foreigner living in South African:
Use a passport as proof of identity.
Visa, work, or study permit. Or literally any documents you can use that you got from the Home Affairs proving that your stay in South Africa is legal.
Minimum deposit. The amount will depend on the FNB bank account you choose in the next step. Just as a thumb suck, though, it’s generally around R50 for a savings account.
Have you got these documents together? Great. Now it’s time to choose which FNB bank account will best suit your situation.
What is the cheapest FNB account?
First National Bank (FNB) – South Africa’s second-largest bank in terms of total assets – has dropped prices for its entry-level account in its annual pricing review. FNB’s pay-as-you-use account now starts at R4.95 a month, down from the R5. 75 it was previously charged.
List Of Public Banks in South Africa
Absa Group Limited
African Bank Limited
Bidvest Bank Limited
Capitec Bank Limited
Discovery Limited
First National Bank
FirstRand Bank – A subsidiary of First Rand Limited
Grindrod Bank Limited
Imperial Bank South Africa
Investec Bank Limited
Nedbank Limited
Sasfin Bank Limited
Standard Bank of South Africa
Ubank Limited
TymeBank
Branches Of fbn Banks in South Africa
African Bank Limited
Bidvest Bank
Capitec Bank
FirstRand Bank
Grindrod Bank
Imperial Bank South Africa
Investec
Nedbank
Sasfin Bank
Standard Bank
Teba Bank Limited
Tyme Bank Limited