|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. 🔥🔥🔥 pic.twitter.com/JB9L1YDgx7
— 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