South Africa's most exclusive bank accounts for the super rich – what they cost and what they offer
South Africa’s most exclusive bank accounts for the super rich – what they cost and what they offer Subscribe Top retail banks in South Africa all offer a top-tier account, reserved exclusively for the country’s wealthiest individuals. Each account carries a minimum annual salary requirement – ranging from R750,000 to R2.5 million – or requires a substantial amount of investible assets. While South Africa’s banking sector has become a battleground for low-cost or zero-fee accounts, aiming to rope in the country’s unbanked, the high-income bracket is a lucrative pool. New entrant...
Source: businesstech.co.za