FNB Business Banking
FNB is one of the oldest banks based in South Africa. Looking at its past, two features stand out. The first is that it can survive despite the difficult conditions of Africa. The second is that it constantly progresses based on people’s needs. The acacia tree in their logo symbolizes the history of the bank.
In 1998, Rand Merchant Bank Holdings and Anglo American merged. This was due to forming FirstRand Limited with financial services interests. This development has been one of the most important points in the history of FNB Bank. In the process, FNB was divested from JSE to become a wholly owned subsidiary of FirstRand, which was listed on the JSE in 1998.
With the FNB application, you can easily enter Fundaba and get the necessary trainings. The application is designed so that you can easily access the lessons you need and use the necessary information comfortably. You can access all audio and video content in 5 different languages, isiZulu, isiXhosa, Sesotho, English and Afrikaans.
FNB Business Banking consists of 12 modules and allows you to train from 0 to the finest detail. Each of the 12 modules includes an animated video, a podcast, text articles, infographics, tools, templates, and a quiz so you can see your progress.
The titles of the modules are as follows; ”Idea and opportunity, Business plan, Financing Corporate structure and governance, Licenses, legal and banking setup, Day 1 preparation, Finance and operations management, Human resources and recruitment, Innovation and optimization, Scaling and investor relations, Mergers, acquisitions and exits, Finance and operations management.
How to Create an Account?
The first thing to know is that creating an account is free. You also get free and unlimited card passes. Additionally, FNB Business Banking provides its investors with a free FNB Connect SIM and access to a QR code so they can accept payments on the go.
First Business Zero is a platform that brings FNB to the phones that are always at our disposal in daily life, regardless of time and place. So it is a digital solution designed for the sole proprietor investor who wants to take advantage of the app.
Opening a First Business Zero account is a very easy process. After opening the FNB application from your phone, you must select the Initial Business Zero Account and upload your required documents. So you can start your transactions.
Advantages of FNB Business Banking
As a business banker, FNB Business Banking offers you the opportunity to do your banking whenever you want. You will be informed of every development and payment notifications via e-mail or fax. You can also instantly take advantage of accounting, invoicing, cash flow and payroll tools.
It provides you with reference for all transactions and instantly notifies you of the payment received from another online banking user. To further grow your business, you can find common recipients using the global list search feature.
You can register your company online and thus save time. You will receive a response within 5 working days after completing your application. FNB Business Banking allows you to promote your company globally and reach wider audiences. It is a completely reliable platform and all documents of your registration will be available to you electronically.
The amount you pay when registering is at your discretion. There are 2 options to save money when registering with CIPC. If you only want to establish a Company, you have to pay R125 for this, or a total of 175 R if you want to open an account with your Company with a name reservation selected by you. No facilitation fee is charged by FNB.
As long as you are a part of FNB Business Banking, a previously reserved name is not added to your company registration.