Absa Transact Account

Technology has affected every aspect of human life.Technology is making it easier for customers to switch banks, making relationships much less sticky. This has also driven the third wave, where banks and their partners develop sophisticated profiles on each of their customers.The pace of innovation has continued to increase, and leading banks are tapping and leveraging on innovation. All of this has accelerated the evolution of leading banks into being customer-centric. One bank that is a shining example of being customer centric is Absa and the introduction of the transact account reinforces the banks approach to business.

The Absa transact account offers a simple and affordable way to bank, providing all your basic banking needs but without the unwanted extras. This account is a perfect choice for those who don’t have a regular or fixed income. Although no rewards are earned using this account, you will also benefit from having to hold no minimum daily or opening balance to open or keep the account open. The account offers a transparent pricing policy, with transactions being charged on a pay-as-you-transact basis making it even easier to understand. One feature from the account that is missing is the ability to bank online, but it does however still allow full banking facilities via your cellphone and telephone for added convenience and peace of mind.

To apply for this account, one must be 18 years and above,be in possession of a South African ID and show proof of residence.

Absa can be contacted on 0860008600.