The Nedbank Arts Affinity Transactor Account is a transmission account where money may be deposited, withdrawn or transferred on demand. Aimed at individual clients 19 -years and older, who transact frequently.

A quick look at the Nedbank Arts Affinity Transactor Account
 

• Immediate availability of cash at any Nedbank ATM or SASWITCH ATM 24 hours per day.
• Flexible transactional functionality e.g. allows for debit orders and stop orders.
• No maximum balance.
• No interest is paid on the Nedbank Card Account, but transaction charges are generally lower than those on a savings account. Transaction charges and account maintenance fees are charged irrespective of the balance in the account.
• Enjoy the convenience of a Maestro or Visa Electron debit card, which can be used to withdrawal funds at ATM’s and to purchase goods at merchants displaying the Visa Electron or Maestro sign.
• No limit to the number of withdrawals, provided there are sufficient funds in the account.
• Transact freely, i.e. make digital payments and inter-account transfers.

When a Nedbank Arts Affinity Transactor Account is opened, Nedbank makes an initial donation (currently R2,50) to Arts and Culture Trust – at no cost to the client. Nedbank then also donates further regular sums on its clients’ behalf, based on account usage, also at no cost to the client.