Private Clients

The accounts below are suitable for people who have never had a cheque/current account account before, but would like more functionality than a regular savings accounts or are looking for a transactional account with the lowest monthly fees.

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Account Information

Account Name Standard Bank Private banking Absa Private Bank Exceller Package FNB Private Clients Nedbank Private Wealth
Fees Valid Until 31 December 2016 31 December 2016 30 June 2017 31 December 2016
Monthly Fee R325 R380 R285
(you will not be charged this fee if you constantly maintain a balance of R100,000 or more)
Minimum monthly income to qualify R58,000 pm R62,500 pm (R750,000 per year) You need to earn an annual income of R1.1 million or have investable assets of R3 million You need to earn an annual gross income of at least R1.5 Million (excluding bonuses)

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