Essential documents you need to open account at FNB

First National Bank (FNB) is the oldest and one of the largest banks in South Africa.

As a financial institution, FNB provides personal, private, business, commercial and corporate banking services to millions of customers across South Africa.

Community service is one of the values that the bank stands for. Being efficient and reliable is what the bank strives to achieve.

For that reason, one of the wisest decisions that one can ever make is just onto the bandwagon and be part of the FNB family.

That way, you will experience the most reliable services and the additional packages that the bank has to offer.

Being in possession of all the required documents will make the process smoother and easier for you. What exactly do you need to open a FNB account?’ This is the list of documents that you will need to open the account:

1. Proof of identity

The bank is particular about this requirement. One should have a valid smart card Identification document or an authentic identity book that has the green bar codes. This is one of the essential documents that one should present when they intend to apply for FNB account.

2. Proof of address

The bank will also require the prospective account opener to give a valid address of their FNB proof of residence. The documents that one can use as proof of residence FNB include; a municipal utility bill. A clothing bill of not less than three months can also be used as a proof of residence.

3. The minimum opening deposit 

For every account, the owner is expected to pay a deposit while opening it. The FNB open account charges are dependent on the type of account that one would have opened.

What do I need to open a FNB account if I am not a citizen of South Africa? A foreigner living in South Africa too can bank with FNB. These are the FNB non resident account requirements:

1. Passport

A passport acts as the proof of identity of the applicant. It should be valid and clearly state the official name of the applicant and their country of origin.

2. A study permit or a work permit

Depending on the case, the applicant is expected to present the official documents from the Ministry of Home Affairs declaring that their stay in the country is valid. The bank accepts other permits like the business permits., visitors permit,

3. Minimum deposit

The applicant will also be required to deposit the stipulated amount that is needed to activate the account.

FNB online account opening 

You can also open FNB account online. The good thing about this service is that you do not need to open FNB new account to benefit from it. Alternatively, you can update the details of your FNB current account, and that way, you will be good to go.

FNB bank accounts 

The bank has several FNB account types that one can go for. Some of the accounts include:

  • FNB business account
  • FNB savings account
  • FNB student account
  • FNB smart account
  • FNB youth account
  • FNB easy account
  • FNB cheque account
  • FNB premier cheque account
  • FNB platinum cheque account

Each one of these accounts has requirements that one is supposed to present during the opening account stage. For instance; the FNB business account required documents are different from those of the student account. The same way the FNB business account requirements are different from those for the other account.

FNB business account types 

Opening a business account with FNB is one of the most crucial and sensitive parts that the new applicant should take into consideration. The process involves a lot of caution, especially when selecting the account type that one is going for. So far, these are the business account types that they can choose from;

  • The Gold account.
  • The Premier account.
  • The Private clients account.
  • The Private wealth account.

Non-compliant business owners can upload their FNB FICA documents using the KYC Doc Uploader. The bank issued a statement saying that the business persons who were not compliant had been sent messages urging them to upload their FICA documents FNB. Upon uploading the documents, the information in the documents will be verified within two days, after which the applicant would be notified.

SARS banking details FNB

If you wish to pay SARS through FNB, the procedure is very possible. FNB is one of the bank that has been listed to allow for payments to be made. Individuals are warned to be keen to ensure that they feed in the right beneficiary identification details and the reference number for the transaction.

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