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Banks

 

 

 

There are more than 20 commercial banks and a host of foreign bank representatives in South Africa. These banks are well represented with a wide network of branches and automatic teller machines (ATMs) across the country. Almost all shopping centres have at least one ATM and most fuelling stations have ATM facilities in the convenience shop. This means that banking is easy and convenient no matter where in South Africa you find yourself.

 

Banks in South Africa are generally open from 09h00 to 15h00 on weekdays and 09h00 to 11h00 on Saturdays. Some banks, however, have recently adopted extended hours in certain areas to better accommodate their clientele. Generally, bank branches are at their busiest over lunchtimes during the week and on Saturdays.

 

Some of the popular commercial banks in South Africa include:

  • ABSA Bank Limited
  • Capitec Bank Limited
  • First National Bank
  • Standard Bank of South Africa
  • Nedbank Limited

 

Other locally controlled banks:

  • African Bank Limited
  • Bidvest Bank Limited
  • Grindrod Limited
  • Imperial Bank Limited

 

Foreign-controlled banks:

  • Albaraka Bank Limited
  • Habib Overseas Bank Limited
  • Mercantile Bank Limited
  • South African Bank of Athens

 

Mutual banks

  • GBS Mutual Bank
  • VBS Mutual Bank

 

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