Minimum Bank Requirements

  1. The Applicant should be a South African resident.
  2. Business current account holders or business transaction account holders.
  3. The Account should be in operation for at least six months.
  4. Acceptable bank code or full general report.
  5. A Clear credit record:
  6. Business must be affiliated to a relevant industry association.
  7. A summary plan of the business describing the internet business.
  8. The Website must compliant with the Electronic Commerce and Telecommunication Act. (See Legal Requirements ) Legal Requirements