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Mercantile Bank Business Account

Mercantile Bank Business Account

Our Bank Account offers you a complete banking solution with easy access to a wide range of products and services.

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1. Make and receive payments using a comprehensive range of convenient banking channels
2. Link your debit card to your Business Bank Account to pay for daily purchases and for access to VISA’s global ATMs and point of sale network

  • Business internet banking that is available 24/7 – manage multiple user access, functionality and enable dual authorization to ensure security checks and internal controls. You can easily integrate with 3rd party salary packages for easy payments and make immediate, group and batch payments. The easy functionality also allows you to manage beneficiaries and has a direct link to confirm SARS payments via integration to SARS.
  • You can also set up debit orders to automate monthly payments.
  • Single point of contact through your Mercantile Bank Business Manager for all your business banking requirements.
  • Earn competitive tiered interest rates according to your balance. Your interest is calculated daily and capitalized monthly.
  • Minimum requirements to open an account – Latest Audited Financial Statements not older than 18 months.

BUSINESS BANKING

Turnover of up to R75 million

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Mercantile Bank offers businesses a specialized range of secure and user-friendly Business and Commercial Banking products and services. We adopt a niche approach to business and commercial banking and pride ourselves on being able to tailor our solutions to suit our client’s unique and evolving needs.

Our service has a personal touch and our teams are skilled, experienced, and flexible. Pricing is transparent and we are committed to solution-driven service excellence across our operations, from our business centers to our high-tech dealing room.

We focus on the following industries:

  • Finance, Business and Professional Services
  • Manufacturing and Engineering
  • Wholesale, Retail, Trade and Franchising
  • Transport and Logistics
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