How do I open an EveryDay Business account?

By TymeBank - 12 February, 2020

You need to be an existing EveryDay Personal account holder on a “Good Friends” profile limit. You must also be a Sole Trader.

How do I know if I’m a Sole Trader?

  • Have a business that is owned and run by you in, where you have all the decision-making authority
  • A business that is not registered with the Companies Intellectual Property Commission (CIPC) i.e. the business must not be a registered closed corporation, company, private company or partnership
  • All the risks associated to the business are assumed by you

All good?

Follow these easy steps to register for your EveryDay Business account via Internet Banking:

  • Login
  • Select Register
  • From the list provided select where the money being deposited into this account will come from
  • Type in your full business name
  • Select the industry of your business from the list provided
  • Type in your business address, this can be the same as your personal address
  • Type in your business phone number and business e-mail address, these can be the same as your personal account information
  • Your EveryDay Business account will now be created