As of august 2017 the bank was the second largest retail bank in south africa based on number of customers with 120000 customer opening new accounts per month. All information correct at time of going to print 31012019 and subject to change.
Yet capitecs management was thinking ahead.
Capitec bank balance. Capitec intends to expand its product offering to business banking. With middle income accounts however capitecs global one account is by far the cheapest even if no interest is considered. The retail bank made the announcement alongside its interim financial results stating that its plans to enter into business.
Rationale the ratings on capitec reflect the banks bb stand alone credit profile sacp which incorporates our bbb anchor which is the starting point for rating banks operating only in south africa. Capitec bank is a south african retail bank. Transact 2019 fees conditions apply.
Union solidarity has released the 7th edition of its annual banking charges report showing the cheapest and most expensive banking options across the major retail banks in south africa. An authorised financial services and credit provider 192900122506 ncrcp20. Learn more about global ones transaction fees and see how much you can save.
Alongside capitecs second tier position and. Capitec bank offers the most affordable banking available in south africa. Capitec bank is an authorised financial services provider fsp 46669 and registered.
Visit the capitec bank online help centre for to read some of the most frequently asked questions the team receives as well as their answers. Even at 29 transactions per month cost of r8050 before any. After it had established itself in the cities and gained a well known brand name and reputation it started setting up branches in high end shopping.
First national bank a division of firstrand bank limited.