Transactional Banking that is tailored to suit your needs.

Everything we do is designed to help you grow your business. Our solutions take your business beyond banking, we understand business from start-up to scale-up, and we’re with you every step of the way. Whether it’s banking, invoicing, or other value-added services like tagging your payments, access to Xero or payroll, we're here to help you. Our Business Bankers will take the time to understand your business to provide the correct solutions for you to ensure that you set your business up for success.

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Our Transactional Banking offering is an all-encompassing Business Banking solution

A team that is ready to assist

A dedicated team of relationship consultants ready to assist you with all your banking requirements.

Intuitive Dashboards

Understand your financial position in real-time using the B\\YOND® intuitive dashboard.

Payroll

Perform your own payroll management simply, at no extra cost, from paying employees to generating SARS-compliant payslips in real time.

Quotes and Invoices

Generate and send personalised quotes and invoices, with your company name, VAT number and logo directly through your internet banking.

Account classification and transaction tagging

Account classifications and tagging of transactions to manage your revenue and expenses, and easily keep track of projects.

Unlimited transaction history

B\\YOND® keeps track of your history while you take care of the future. Get unlimited transaction history off the platform at no extra charge.

Link your personal and business banking

Open a personal transactional account with us and have one holistic view of your finances

Transact safely and securely

Add multiple levels of approval for making payments and adding beneficiaries

Beneficiary Management

B\\YOND® means more. Import or add beneficiaries easily, either from a CSV file or off a predetermined list.

Multiple Transactions

Go B\\YOND® conventional banking to facilitate multiple transactions in one go – from setting up multiple account transfers to managing future payments and beneficiaries.

Multiple accounts, one profile

Seamlessly switch between your Transactional Banking portfolios with a single login.

XERO direct feed integration

Our Business accounts have a direct feed into Xero cloud accounting software. No need for third parties or screen scrapers.

Open a bank account today

Apply online today for a bank account that goes B\\YOND® banking.

Personalised service at your fingertips

Multiple cards for business convenience

Link multiple business debit cards to your account at no additional cost.

Rewards that matter

Enjoy free access to Bidvest’s network of lounges with your Sasfin Business card.

*Domestic airports only

Real-time payments to improve your cash flow

Receive and pay money in real time at a lowest price in the market.

Value for money

Earn interest on your transactional account balances.

Apply for your account online

Apply for an account online via our quick and easy online application, click here to start now.

Pricing options to meet your needs

Monthly fee

R199.00

Included in the bundle are the following free transactions, after which applicable per transaction fees apply.

30 free debit transactions comprising of:

Electronic Funds Transfer (EFT)

R6.90

Debit order

R10.20

Local Point of Sale purchase

R3.90

International Point of Sale purchase

R3.90 plus 2.85% conversion fee

Not included as part of the 30 free debit transactions

Immediate funds transfer

(Two free transactions, thereafter the following rates apply)

R15.00 for payment amount up to R10 000

R25.00 for payment amount from R10 001 to R25 000<

R35.00 for payment amount greater than R25 000

Two free cash deposits

(capped at a total of R20 000)

R12.00 + R1.50 per R100 thereafter

ATM

Local ATM withdrawals

R9.00 + R1.30 per 100

International ATM withdrawals

R35.90 plus 2.85% conversion fee

ATM balance enquiry

R5.00

Local ATM airtime purchase

R1.20

Free Transactions

Inter-account transfers

Free

Electronic credit

Free

EFT to other Sasfin account holders

Free

Unpaid debit order

Free

Secondary card

(up to 20 cards)

Free

Insufficient funds - ATM and POS

Free

Other Fees

B\\YOND user role

Four free B\\YOND user roles, thereafter R50.00 per role

Card replacement

R120.00 per card replacement

Statement

(consultant assisted)

R30.00 per statement

Account payments

(consultant assisted)

R150.00

Bidvest domestic lounge

(One free main member plus one guest free per month, thereafter rates apply)

R283.00 per visit thereafter (Incl. VAT)

Bidvest International (excluding CPT International) lounge access

(One free main member plus one guest free per month, thereafter rates apply)

R475.00 visit thereafter (Incl. VAT)

PayShap payments up to R1500 in value

R5.50

PayShap payments valued between R1501 and R3000

R7.50

As at 05 January 2023

Monthly fee

R100.00

The below fees are applicable per transaction unless otherwise stated.

Account payments

Electronic Funds Transfer (EFT)

R5.50

Debit order

R8.00

Immediate funds transfer

(Two free transactions, thereafter the following rates apply)

R15.00 for payment amount up to R10 000

R25.00 for payment amount from R10 001 to R25 000

R35.00 for payment amount greater than R25 000

EFT to other Sasfin account holders

Free

Purchases

Local point of sale purchases

R4.90

International point of sale purchases

R4.90 plus 2.85% conversion fee

ATM

Local ATM withdrawals

R9.00 + R1.30 per 100

International ATM withdrawals

R35.90 plus 2.85% conversion fee

ATM balance enquiry

R5.00

Local ATM airtime purchase

R1.20

Free Transactions

Inter-account transfers

Free

Electronic credit

Free

Unpaid debit order

Free

Secondary card

Free

Insufficient funds - ATM and POS

Free

Other Fees

B\\YOND user role

Four free B\\YOND user roles, thereafter R50.00 per role

Statement

(consultant assisted)

R30.00 per statement

Account payments

(consultant assisted)

R150.00

Card replacement

R120.00 per card replacement

Bidvest domestic lounge

(One free main member plus one guest free per month, thereafter rates apply)

R283.00 per visit thereafter (Incl. VAT)

Bidvest International (excluding CPT International) lounge access

(One free main member plus one guest free per month, thereafter rates apply)

R475.00 visit thereafter (Incl. VAT)

Bidvest Premier Lounge CPT International

(One free main member plus one guest free per month, thereafter rates apply)

R569.00 visit thereafter (Incl. VAT)

PayShap payments up to R1500 in value

R5.50

PayShap payments valued between R1501 and R3000

R7.50

As at 05 January 2023

Monthly fee R199
Included in the bundle are the following free transactions, after which applicable per transaction fees apply.
30 free debit transactions comprising of:  
Electronic Funds Transfer (EFT) R6.90
Local Point of Sale purchase R4.90
International Point of Sale purchase R4.90 plus 2.85% conversion fee
Debit order R10.20
Immediate funds transfer (Two free transactions, thereafter  the following rates apply)
  • R15.00 for payment amount up to R10,000
  • R25.00 for payment amount from R10,001 to R25,000
  • R35.00 for payment amount greater than R25,000
Two free cash deposits (capped at a total of R20,000)  R12.00 + R1.50 per R100 thereafter
Bidvest domestic lounge (One free main
member plus one guest free per month,
thereafter rates apply)
R283.00 per visit thereafter (Incl. VAT)
Bidvest International (excluding CPT
International) lounge access (One free
main member plus one guest free per
month, thereafter rates apply)
R475.00 visit thereafter (Incl. VAT)
Bidvest Premier Lounge CPT
International (One free main member
plus one guest free per month, thereafter
rates apply)
R569.00 visit thereafter (Incl. VAT)
PayShap payments up to R1500 in value R5.50
PayShap payments valued between R1501 and R3000 R7.50
A conversion fee of 2.85% will be charged on all international transactions. Pay-As-You-Use pricing applies for transactions not included in the bundle.

As at 05 January 2023

Please note that in order to qualify for Personal Account, you will need to be a Sasfin Business Account holder.

Monthly fee R100
The below fees are applicable per transaction unless otherwise stated.
Account payments
Electronic Funds Transfer (EFT) R5.50
Debit order R8.00
Account payments (consultant assisted) R150.00
Immediate funds transfer payment
  • R15.00 for payment amount up to R10,000
  • R25.00 for payment amount from R10,001 to R25,000
  • R35.00 for payment amount greater than R25,000
EFT to other Sasfin account holders FREE
Purchases
Local card purchases R3.90
International card purchases R3.90 plus 2.85% conversion fee
ATM
Local ATM withdrawals R9.00 + R1.30 per 100
International ATM withdrawals R35.90 plus 2.85% conversion fee
ATM balance enquiry R5.00
Local ATM airtime purchase R1.20
Deposits
Cash deposits R12.00 + R1.50 per R100 thereafter
Free Transactions
Inter - account transfers Free
Electronic credit Free
Unpaid debit order Free
SMS and email notification Free
Insufficient funds - ATM and POS Free
Other fees
Statement (consultant assisted) R30.00 per statement
Card replacement R120.00 per card replacement
Bidvest domestic lounge (One free main
member plus one guest free per month,
thereafter rates apply)
R283.00 per visit thereafter (Incl. VAT)
  R475.00 visit thereafter (Incl. VAT)
Bidvest Premier Lounge CPT
International (One free main member
plus one guest free per month, thereafter
rates apply)
R569.00 visit thereafter (Incl. VAT)
PayShap payments up to R1500 in value R5.50
PayShap payments valued between R1501 and R3000 R7.50

As at 05 January 2023

Please note that in order to qualify for Personal Account, you will need to be a Sasfin Business Account holder.

Frequently asked questions

At Sasfin, we are committed to safeguarding your financial well-being, that's why we are sharing this important information about the deposit insurance scheme implemented by the Corporation for Deposit Insurance (CODI), established by the South African Reserve Bank, effective April 2024.

What is CODI?

CODI is a new initiative mandated by the South African Reserve Bank (SARB), aimed at providing additional protection for your deposits.

How does CODI Benefit You?

  • Deposit Insurance: Your deposits are now covered by CODI up to R100,000.00, providing extra protection in the unlikely event of financial challenges faced by our bank.
  • Smart Implementation: No action is required from your end. You can continue to access your accounts and perform transactions as usual.

Which products fall under CODI protection?

The following Sasfin products are affected:

  1. Transactional accounts
  2. Tax-free savings accounts
  3. Investment products such as fixed deposits and notice deposits

Ensuring your financial security

At Sasfin, we go beyond to ensure your financial security and peace of mind. We understand the importance of your deposits and are committed to providing you with the highest level of service and protection. Thank you for entrusting us with your financial needs. We value your relationship with us and remain dedicated to serving you with excellence.

Should you have any questions or require further information, please visit resbank.co.za/codi or email CODI@resbank.co.za.

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Contact us today

Customer Service

+27 80 23 23 23 6
+27 86 520 8571
+1 303 967 1090
customerservice@sasfin.com

Lost, stolen or damaged cards

Sasfin 080 23 23 23 6
Visa 0800 990 475

Postal Address

Sasfin Transactional Banking
Client Relationship Centre
PO Box 95104, Waverley, 2090

Support hours

Monday – Friday: 08:00 to 16:00
(excluding public holidays)

Need more information on our Transactional Banking options?

Give us your details and we will call you back and provide any information you might need.

Let's talk

Let's talk

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