Investec South Africa

Investec South Africa offers the Investec Private Business Account, designed for privately owned companies whose owners are already personal clients of Investec. A separate commercial division serves larger businesses, and the criteria of the two offers are not interchangeable. The bank lists a Cape Town office at the Victoria & Alfred Waterfront.

Eligibility The owner must already be an Investec personal client to qualify for the Private Business Account. This requirement applies to that account specifically and not to the commercial banking division. The listed client type is privately owned SMEs.

Services The service list is limited to business bank accounts. The data does not describe cards, payments, foreign-currency services or fees, so these should be confirmed with the bank before applying.

Who it suits The account is aimed at owners of private companies who already have a personal relationship with the bank and want to keep business and personal banking in one place. A company whose owner is not yet a client, or one that has outgrown the SME segment, should ask Investec which route applies and what documents are required. Pricing for either route is not published in the data.