Sole Proprietor Banking

Access banking for your sole prop - or your side hustle

Sole proprietor with a turnover under R5 million? When your small business is you, and you are your business, get banking solutions that look after you both.

All the access
you need

Small business banking that works the way you do.

Diamond Advantage
Current Account

Access a low-cost transactional account that’s just like a business account. Especially for sole proprietors or small businesses with a turnover of less than R5 million. You can be an SA resident or a non-SA resident to apply.

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    Get everything business account does, but no relationship manager, for R60/month

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    Withdraw cash from any ATM or selected retailers

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    Deposit cash at any ABSA ATM or ABSA branch

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    Access competitive investment products

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    EMV debit card for point of sale and online transactions

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    Free online banking for one user

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    Real-time balances, transaction info, transaction history and statements

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    Access all your accounts 24/7

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    Manage your beneficiaries and view direct debits

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    Pay creditors and employees safely and securely from wherever you are

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    Set up capturers and approvers in your business for banking security

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    Run your collections and account verifications through an easy-to-use platform

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    Make balance enquiries at any ATM

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    Access merchant services

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    Access bulk salary payments

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    Link up to 20 debits cards and manage their limits

What do you need access to? Tell us and we’ll call you.

Internet Banking