Small Business Services


The offer

Nedbank understands the challenges that small-business owners face. Time, information, resources and money, to name a few, are in short supply, especially when you are in the startup phase of your business. One of the business imperatives is to have your business registered. Nedbank has partnered with a company called SwiftReg to enable registration of Nedbank clients in a convenient and hassle-free way. SwiftReg is a company that specialises in the registration of new Pty (Ltd) companies:

Through this association, Nedbank Small Business Services can offer a convenient and efficient way for clients to register their business. This offering is a value-add offering to both existing and new Nedbank clients.

Existing clients
A service is offered to Nedbank Small Business Services clients by facilitating the registration of their additional business or the changing of one type of business entity to another, thereby removing the hassle factor as well as the expense of using an accountant and/or attorney.

New clients
Any client opening a Nedbank Small Business Services Current Account can make use of this service. This will be especially suitable to businesses in the startup phase of business (in the first two years of operation).

A comparison of business entities: click here

Who can make use of this service?
This service is available to small-business owners with a business that has an annual turnover of between R150 000 and R7.5 million per annum.

How to make use of this service:

  • Visit your Nedbank branch.
  • Ask for a Nedbank Small Business Services representative.
  • The Nedbank Small Business Services representative will request the necessary information and facilitate the process of registration.
  • The SwiftReg fee is R390,00 for a new (Pty) Ltd which includes the first director and shareholder, thereafter a charge of R30 per director and shareholder will be applicable.
  • The fees can be paid directly into the company’s account at the bank teller. A copy of the deposit slip must then be given to the banker who processes the documents.

Work hand-in-hand with Nedbank to build and sustain your business.

Nedbank Ltd Reg. No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16).

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