Free basic banking, same price for a business as a person
A South African mutual bank whose basic banking carries no fee, charging only for cash and chosen extras, with one published pricing page covering individuals and businesses alike.
Use when
You want a South African business account whose fees do not scale with your growth.
Skip when
You need trade finance, heavy cash handling, or a relationship banker on the phone.
The pricing is the product. Basic banking is free, you pay only for cash and extras and only when you use them, and the same pricing applies to every account whether you are a company or a person, so there is no business premium for the same transactions. There are also no entry-level tiers you get forced to upgrade out of as you grow, which is the usual trap in South African business banking. Check the licence before you park large balances: this is Bank Zero Mutual Bank, a mutual bank rather than a commercial one, which is a different licence with a different scope. The pricing guide is one page and is published per year, so compare it against your current bank's tariff directly.
