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Business bank account international limits

Techfox

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Kind forum members, looking for info from anyone with business accounts with any of the banks. For some reason, info is almost impossible to find

FNB personal card is capped at R300,000 daily transaction and R700,000. Anyone with a business account know if these limits can go higher? Need around a monthly spend of R2,500,000+ Looking specifically for international spend / POS

Hopefully save me sitting on the phone for the next few days asking each one

xoxo
 
Kind forum members, looking for info from anyone with business accounts with any of the banks. For some reason, info is almost impossible to find

FNB personal card is capped at R300,000 daily transaction and R700,000. Anyone with a business account know if these limits can go higher? Need around a monthly spend of R2,500,000+ Looking specifically for international spend / POS

Hopefully save me sitting on the phone for the next few days asking each one

xoxo
Here is what I could quickly find, BusinessTech - personal account limits are more than likely imposed by SARS/SARB.

If you can do those volumes of transactions (daily), is it not worth looing into a usage based business account (transaction limits will be geared to turnover forecasts)?

Lastly (to toot my own horn), feel free to chat to @Jack Rabbit Group for any advice/research on tax & accounting (a bunch of things that fall into the periphery too).
 

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