The South African banking giant Capitec Bank announced that their bank now allows customers to open bank accounts without the need for proof of address.
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| Capitec Bank // Picture by Bloemfonteincourant |
By Tsireledzo Michael
Capitec offers banking services to more than 10 million South Africans. The bank has been on a steady growth for the past few years and this new announcement is surely a major boost. A process of opening a bank account in South Africa usually needs an ID, Proof of Address and minimum determined payment.
Important announcement: You no longer need proof of address to open a Capitec account. š„š„š„ pic.twitter.com/JB9L1YDgx7ā Capitec Bank (@CapitecBankSA) March 14, 2019
The bank made major announcement just a month ago when announced that they will be reducing their banking fees for 2019. Check the banking fees for Capitec here
