Open a Capitec Bank Account Online
To open your account, we need the following 2 documents from you:
Transaction / savings your main account. Flexible savings You choose the amount and the term. Fixed-term savings Single or multiple deposits. Tax-free savings Invest in your future. 2020 savings rates. Capitec Bank Limited Reg. No: 1980/003695/06. Most banks let you compare different kinds of accounts to help you decide. Do you want an individual account or do you want to open a joint account online? Do you want things like overdraft protection and the ability to earn interest? From checking and savings accounts to CDs and IRAs, there are many types of accounts you can open online.
- The transaction and savings account is your main account (R25 minimum balance; R5 monthly admin fee) that gives you affordable banking and up to 4 free flexible, fixed or tax-free savings plans.
- Opening A Savings Account – What You'll Need News Capitec Bank There are certain documents that you need to supply when opening a bank account. These documents are governed by Fica and the original proof of residential address and identification documents are outlined here.
- The power of GoalSave. The money in your GoalSaves earns you interest at a rate that grows over time. You can have as many as 10 active GoalSaves and you can add money as often as you’d like, as long as the combined total across all your GoalSaves and your EveryDay account is not more than the limit set for your profile or doesn’t exceed R100 000 across all 10 GoalSaves.
- Original identification document
- Original proof of residential address document
- If you are liable to pay tax in a country other than South Africa we require your foreign tax number
We will scan and keep a record of these for identification and verification purposes.
Documents we accept
Find out more about all the documents you need: FICA documents info
Some options will require a FICA Declaration form that you can get at any of our branches or download here: FICA Declaration form
Important note on all documents
- Certified copies of original documents are only accepted in the case of rental or lease agreements and marriage or birth certificates
- Temporary identity documents or passports are not acceptable
- A valid version of the document means that it must be current and unexpired
- FICA requires that all client information be correct and up to date. It is therefore important that you notify us of any changes to your identity or residential address details. Visit your nearest branch with your identification document and original proof of residential address to update your details