Banking in South Africa

banking in south africaA crucial but time-consuming part of setting up a business is opening the appropriate banking accounts. To help lessen the stress associated with establishing a business in a foreign country, Intergate employs in-house consultants to assist with banking in South Africa.

Banking services

Intergate has set up special arrangements with a number of South Africa’s most prominent banks. This means our clients do not have to set foot in a bank when first doing banking in South Africa. Everything happens in our boardroom, from the first consultation to the opening of the bank accounts.

Our consultants are able to help with:

  • Corporate bank accounts.
  • Cash account options for larger cash holdings.
  • Personalised banking.
  • Foreign exchange.

Ask about our Cash Account

Our Cash Account is a dynamic alternative for foreigners to a money market account available from the banks. It is a fully managed and service-driven account with competitive interest rates and the additional benefit of personal banking facilities.

Why is the cash account so great?

  • It can be opened from abroad.
  • Foreign currency can be transferred into the account whenever it suits the account holder.
  • Money can be transferred directly from the Cash Account to third party accounts.
  • Debit orders can be set up on the account.
  • The money is available 24 hours.

Each cash account holder has a dedicated personal cash account manager. All instructions for payments, debit orders and the like go directly to the manager for processing.

To make banking in South Africa simple, contact us

If you’d like to make use of Intergate’s banking services, all you have to do is call us. Our Cape Town team is available on +27 (0) 21 424 2460 and our Johannesburg team can be reached on +27 (0) 11 234 4275. Alternatively, request a free call back and one of our consultants will contact you instead.

If you haven’t applied for your business visa yet, remember that you have to do that first. The consultant you speak to during your conversation about banking in South Africa will be able to answer any questions about a business visa too.