What you need to know
Open a Corporate Bank Account in South Africa
Opening a South African corporate bank account as a non-resident requires a registered company, a resident co-director in many cases, and complete KYC documentation. AEG prepares the company registration, introduces you to suitable banks, coordinates the application and follows up on compliance queries. We also align the account with your visa, tax and operational needs. Our banking introductions cover the major South African business banks and are structured to give non-resident shareholders a smooth, transparent onboarding experience.
What we handle for you
What AEG handles for corporate banking
- Company registration and co-director support
- Bank introduction and application preparation
- KYC documentation and source-of-funds evidence
- Interview scheduling and follow-up
- Tax, visa and operational alignment
Ready to move forward?
Tell us about your plans and we will map the right structure, timeline, and cost — no obligation.
How it works
How AEG opens a South African corporate bank account
Company Setup
We register the South African company and appoint a resident co-director where needed.
Bank Selection
We match your business profile to suitable South African business banks.
Application
We prepare KYC, business plan, source-of-funds and company documents.
Interview
We schedule the bank meeting and prepare directors for due diligence.
Activation
We follow up on queries and help activate online banking and cards.
Frequently asked questions
Answers to the most common questions.
Can a non-resident open a corporate bank account in South Africa?
Yes, with a registered company and resident co-director in many cases. AEG coordinates this.
Which banks does AEG work with?
We introduce the major South African business banks and guide you through their KYC.
What documents are required?
Company registration, CIPC certificate, director IDs, proof of address, business plan and source of funds. AEG prepares the file.
Is a personal visit required?
Most banks require at least one director to attend a face-to-face meeting. AEG schedules and prepares you.
How long does account opening take?
2 to 6 weeks after the interview, depending on KYC complexity. AEG follows up.
Can I open an account before I move?
You can start the application remotely, but activation often requires a local visit. AEG coordinates the timing.
What is a resident co-director?
A South African resident appointed as director to meet local banking and regulatory expectations. AEG provides this service.
Do I need a South African tax number?
Yes. AEG registers for income tax and other taxes as part of the company setup.
Open your South African corporate bank account
Let AEG match you to the right bank, prepare your KYC file and guide you through director interviews and activation.
