InvoiceBerry Tips for for Freelancers & Small Businesses 5 Best Banks for SA Small Businesses | Page 7

# 2 FNB – Business Acct .

According to FNB ’ s site , its business account is suited to sole proprietors , partnerships , close corporations , companies , incorporated businesses , trusts and co-operatives .

Account Feature Minimum Balance

Monthly fee

Deposit Electronic debit transactions

Debit card fee

Cost R750 for sole proprietors ; R1000 for juristic entities Option 1 : R215,00 , Option 2 : R320,00 , Option 3 : R480,00 R0 Option 1 : 30 , Option 2 : 50 , and Option 3 : 75 electronic debit transactions per month , with R18 , R17 , and R16 for excess R0