Accounts and cards

Get a business current account to facilitate payment flows for your business.

• Easy access to funds.
• Multiple payment options through electronic banking.
• Process financial transactions and generate transactional information such as statements and other information services.

Manage your working capital effectively with Nedbank Cash Management.

• Interest optimisation is available through notional pooling of cash balances across participating accounts, thereby optimising interest benefits.
• Automated sweeping functionality across accounts with debit or credit balances reduces the risk associated in performing manual transfers.
  
• Daily reporting of cash holdings is aggregated or shown independently, by account.

We offer business debit and credit cards with flexible repayment options.

• Charge expenses to a business card from travel expenditure and entertainment to stock or consumable purchases.
• Settle the full amount at the end of each month interest-free, or choose to repay a minimum portion each month.

Your employees can use the Nedbank Travel Card when travelling abroad for business purposes.

• It is a safe, convenient and affordable way to access your money when you travel.
  
• The exchange rate is locked in, reducing your exposure to exchange rate fluctuations.
• You can transfer South African rands into eight currency pockets on the travel card, with the added flexibility of switching between pockets to conclude transactions.
  

Link your debit or credit card to our rewards programme and earn rewards on business spend*.

• American Express and Nedbank cards have a rewards programme card that are linked to your account.
• Points are converted to a rand value in real time, making these cards as good as cash.
• Use the card at retail outlets, make payments abroad when travelling, pay for online transactions and fuel, or withdraw as cash at any ATM.

Our Purchasing Card can be customised to meet all your procurement spending needs, giving you full visibility, security and control over business expenses.

• Monitor business purchases and payments to identify possible savings opportunities.
• Restrict the types of merchants that cardholders can purchase from.
• Enable petty cash transactions to reduce the risk of managing cash.
• Get up to 40 days’ interest-free credit.