Absa Bank is one of the leading financial services organizations in South Africa. The bank is responsible for serving personal, corporate and commercial customers in the country. The bank interacts with its customers through physical as well as electronic channel. The Barclays PLC is the major shareholder of this bank. The financial products offered by this bank include the following:
- Basic products and services for low-income personal market
- Customized products for the corporate and commercial markets
- Bancassurance
- Wealth management products and services
Absa Bank Overview
The Absa Bank is headquartered in Johannesburg. It has its operations in many other cities located in South Africa such as Cape Town, Durban, Bryanston, Midrand and Gauteng. It has also opened branches in Asia, Europe, UK, USA, Australia and Africa.
The swift code of this South African bank is ABSAZAJJ. This eight character code is employed to distinguish this bank from the other banks operating in the country. The swift is very useful in case of international transaction of money.
Services Offered by Absa Bank
It offers a bouquet of financial products to the customers. Below here we give you a description about few financial services offered by the Absa Bank.
Home Loans
Home loans are available to the customers buying a first house. The application can be filled online. The interest rates generally charged for the home loans are generally affordable to the customers. It offers different interest rates to the customers so that it becomes easy for the customers to the best option for him.
Internet Banking
Aside from the physical transaction, It has offered internet banking facility. You can avail a lot of banking services through on line banking services. You need a user id and password to avail the internet banking. The high-tech internet banking facility is a safe and smart way of doing banking transactions.
Credit Card
The credit card division is responsible for everything related to credit cards. The various kinds of credit cards offered by the bank are private credit card, classic credit card, electronic credit card, silver credit card, platinum credit card and gold credit card.