Silver student cheque account

Absa Rondebosch Student Bureau

Shop 1 Ground Floor, Riverside Centre

Rondebosch 7700

Ph: 021 658 4900

SILVER STUDENT CHEQUE ACCOUNT

REQUIREMENTS:

• 
  Registered full time student
  
• 
  Green S.A. ID book / Passport
  
• 
  If foreign citizen then passport with a valid study permit
  
• 
  Clear credit record
  
• 
  Proof of registration at any SAQA approved tertiary institution.
  
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  Proof of registration to be submitted by 31 March every year to qualify for student charges.
  
• 
  Proof of residential address – Utility Bill or clothing account statement (FICA Act Requirement)
  
• 
  Regular deposit of at least R20.00 per month to avoid dormancy
  

FEATURES AND BENEFITS

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  The Absa Silver Student Cheque Account is a card based account but works exactly like a cheque account.
  
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  Access to all local and international ATM’s where the Maestro, Cirrus or Visa sign is displayed.
  
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  Use of debit card facilities at merchants displaying the Maestro or Visa Electron Logo.
  
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  One account number for life
  
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  Build up a good credit record now so that you can benefit later.
  
• 
  Low banking charges and 1 x FREE monthly bank statement
  
• 
  Free Internet Banking excluding specialised services
  
• 
  Notify me & Cellphone Banking
  

EASY- FEE OPTION

R15.00 PER MONTH

UNLIMITED ELECTRONIC TRANSACTIONS

MANAGEMENT FEES INCLUDE:

• 
  Absa ATM cash withdrawals / Debit Card purchases
  
• 
  P.O.S. Cash Withdrawals / ATM Transfers & Account Payments
  
• 
  Debit Orders / Stop Orders & ATM Pre-Paid top-ups
  
• 
  Absa Atm cash deposits (maximum 2 month)
  

CHARGES

• 
  Cash Deposit fee Branch - 1.05% of deposit value / ATM –R 1,05c per R100
  
• 
  Saswitch charges R9,50 plus R1,00 / R100 (other banks ATM)
  
• 
  Declined transaction fees and Reversed Debit Orders for insufficient funds will be charged for.
  
• 
  Cheque Payments R50.00
  

• 
  The free transactions exclude Saswitch and in-branch transactions