Requirements for Opening an African Bank Account

What are the requirements for opening an African Bank account? A lot of people in South Africa have been asking that question. African Bank is one of the most popular financial institutions in the country. They currently have over 1 million customers. If you wish to join this bank, there are some requirements that you are going to have to meet. That’s what we are going to look at in this post.

What do I need in order to open an account with African Bank?

The following are the requirements for opening an African bank account;

1. A South African ID or a passport
2. A phone that can be used to take selfies.
3. An email address.

Proof of residence is not required

Some people have asked whether or not proof of residence is required. The answer is no. You don’t need proof of residence when opening an African Bank account.

Can I open an African Bank account online?

Those are the requirements for opening an African bank account. A lot of people have been asking whether or not it’s possible to open an account online with African Bank.

The answer is yes. You can have an account up and running in less than 5 minutes. All that you need to do is to make sure that you have the above mentioned required items.

African Bank offers what is referred to as the MyWorld Bank account. It’s the most popular type of account with the bank. It’s also the one that’s the easiest to open and manage.

If you open this account, you won’t be charged when you swipe while buying using your card. The MyWorld account also does not have monthly fees. So, it’s a great all round offering.

Summary

In this article, we gave you the requirements for opening an African bank account. It was shown that African Bank is a popular destination for those looking to open bank accounts.

One popular account that’s offered by the bank is the MyWorld account. It’s the best because it’s cheap, making it reachable to the majority of South Africans.

Find the African Bank contact number