At the heart of Nedbank’s banking service is a prestigious current/cheque account – your complete solution to linking to other products and services. A cheque account provides a safe and convenient cashless mechanism for the payment of goods and other services. It is for individuals earning a minimum gross income M3500.
 

Why a Nedbank current account?

A Nedbank current account makes it so much easier and convenient to take care of all your day-to-day banking needs, offering you:

• Qualify for a wide range of financial products and services such as:
  - an overdraft,
  - vehicle finance,
  - a Home Loan,
  - digital banking channels, to name a few.
• Freedom to change your mind – You can apply for a range of products and services.
• Convenient digital channels - bank anywhere, anytime with of our digital banking channels. To do this, you will need to apply for Internet banking and have your electronic profile activated on your account.

• Monthly salary to be paid through the account
• Reduces the need to carry large amounts of cash
• You can use a Nedbank ATM card to draw cash at any CashPoint or Saswitch ATM.
• You can buy goods and services, using your cheque book.
• It’s a complete payment solution - arrange debit and stop orders against your current account to take care of regular monthly payments.
• You may also elect to pay your accounts electronically (through Netbank Internet banking)
• Transfer of funds and withdrawal of cash.
• You can deposit and draw money once you have opened your Nedbank Current Account.
• Access to credit facilities on application and pre-approvals like overdrafts, to help meet your financial needs
• Keep track of your transactions, through your monthly statement or at your convenience on Internet banking

• 21 years and above
• Minimum gross income of M3500 per month
• A minimum amount of M100 is required to open your current account.
• Proof of income – payslip or letter from employer showing monthly income, or Source & Purpose of Funds Declaration Form
• Proof of Residence – Letter from local chief or Utility bill
• Valid Passport (together with Residence permit for non residents)
• Good credit record