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Start Your Own Business

Nedbank Small Business Services offers small and medium businesses an opportunity to grow. If you have annual turnover below, we’d like to tell you more about our range of customised small-business solutions:
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Apply Online Apply Online We'll call you We'll call you
Nedbank Small Business Services offers small and medium businesses an opportunity to grow. If you have annual turnover below, we’d like to tell you more about our range of customised small-business solutions:
Share
Apply Online Apply Online We'll call you We'll call you
Nedbank Small Business Services offers small and medium businesses an opportunity to grow. If you have annual turnover below, we’d like to tell you more about our range of customised small-business solutions:
Share
Apply Online Apply Online We'll call you We'll call you
Nedbank Small Business Services offers small and medium businesses an opportunity to grow. If you have annual turnover below, we’d like to tell you more about our range of customised small-business solutions:
Share

Small-business current account

Our current account lies at the heart of our small-business offering.

Sole Trader Account

This account is ideal for sole proprietors and traders who operate blow the mandatory tax registration requirements. The Sole Trader Account allows traders to segregate their business activity from their individual income and to establish a banking history, which is important for lending purposes.

SME Call Account

The Call Account is targeted at small and medium enterprises that need to save for a rainy day or preserve funds from surplus cash. It also allows them to save for buying vehicles, equipment, or business premises.

Account-opening requirements

Our account-opening requirements include, but not limited to, the following:

For sole proprietors (sole traders)

  • Valid identity document or card, or passport (with a passport-sized photo).
  • Trader’s licence or registration certificate.
  • Tax clearance certificate.
  • Resident and work permit for temporary residents (foreign businesspeople residing in Lesotho ONLY).
  • Latest six months’ bank statements (from current bankers).
  • Proof of trading address (lease, sub-lease, rental agreement, chief declaration or utility bill).
  • Proof of residential address (lease, sub-lease, rental agreement, chief declaration or utility bill).

For companies - proprietor limited and close corporations, i.e. (Pty) Ltd and CC

  • Company extracts.
  • Certificate of incorporation.
  • Valid trader’s licence.
  • Valid tax clearance.
  • Proof of trading address (lease, sub-lease, rental agreement, chief declaration, or utility bill).
  • Board resolution regarding authority to open account with full list of members (signed by appointed director or members stating signatories and signing arrangement).
  • Valid identity document(s) or card(s) or passports of members or directors (with a passport-sized photo).
  • Proof of residential address of directors or members (lease, sub-lease, rental agreement, chief declaration, or utility bill).
  • Latest six months’ bank statements (from current bankers).

SME Enabler account is a low cost, no frills account

Template for a business plan.doc
Cash flow projection.xls The balance sheet.xls
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Your feedback matters

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+266 2228 2100
Send Us Feedback

Important Links
Home loans
Terms & conditions
Privacy Policy
Pricing Guide 2019

Personal
Business
Corporate
About Us
Nedbank Lesotho
Nedbank Lesotho

Nedbank Lesotho Limited Reg No 92/191.

Authorised financial institution and credit provider.

Nedbank Lesotho Limited Reg No 92/191.

Authorised financial institution and credit provider.

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