To be eligible to open a Zazu business account in South Africa, you must:
Be a registered business with CIPC, or provide the required verification documentation for your South African business entity type (e.g. Sole Proprietors, who are not CIPC-registered)
Have a SARS tax number
Be 18 years or older
Be the authorised representative of the business
Have a valid personal identification document:
South African citizens: SA ID card (front and back) or ID book
Foreign nationals: Valid passport, together with a valid visa or permit showing legal authorisation to reside and work in South Africa (valid at submission, not expiring within 6 months)
A proof of business address, no older than 3 months (or currently valid and active, where the document is a policy, agreement, or registration):
Bank statement
Lease or rental agreement
Utility bill (water and/or electricity)
Landline or cellphone account statement
Municipal rates and taxes invoice
Municipal councillor's letter
Official SARS document (excluding eFiling documentation)
Long- or short-term insurance policy, with the FSP number visible
Document from a PSIRA-registered security provider, with the PSIRA number visible
Signed letter from an independent auditor or accountant confirming the business address
Motor vehicle registration or licence document
Letter from the municipality confirming the business address
Property loan statement
Television licence renewal or confirmation letter
Agree to Zazu's terms and conditions
You can complete the onboarding fully online in just a few minutes here.
Note
Zazu and our partner bank may, at our own discretion, decide not to open a bank account for your business due to compliance reasons.