Mercantile Bank Group Booklet - May2021

Growing entrepreneurs.
It’s what we know. It’s what we do.

“We pride ourselves on
being rated number 1
in service!”
The bank has been around for over 54 years servicing South
African entrepreneurs and small to medium size businesses.
In November 2019, Capitec acquired Mercantile Bank to offer
business banking solutions to enterprises in South Africa,
based on the same fundamentals that made Capitec successful
in the retail banking sector.
We offer a full suite of financial services and focus on a

relationship-based service model, which gives each client a single
point of contact for all their banking needs.
THE MERCANTILE BANK OFFERING DESIGNED WITH
ENTREPRENEURS IN MIND
BUSINESS BANKING BUSINESS BANKING

TRANSACTIONAL PRODUCTS BORROWING SOLUTIONS
AND SOLUTIONS
Mercantile Bank offers a comprehensive range We offer a range of business lending products
of business banking transactions, along with tailored to suit your unique requirements, all
a personal assurance of professional service at highly competitive rates. We understand an
delivery at all times. We focus on you and your entrepreneur’s requirements when it comes to
business to ensure that your unique needs are operational efficiencies and expansion opportunities.
met quickly, effectively and in line with your We offer a range of financing options for all your
expectations. motor vehicle, fleet and capital equipment needs
at competitive rates. Enjoy flexible and affordable
asset finance facilities including:
• Business Transactional Account • Overdrafts

• Debit Card • Business Term Loans
• Credit Card • Asset Finance
• Business Internet Banking • Property Finance
• Mobile Banking • Merchant Loan
• SafeCash • Cash Advance Loan
• Rental Finance
BUSINESS AND PERSONAL INVESTMENT SOLUTIONS
Mercantile Bank offers a full suite of business savings products

and services. Our Business Savings products cater for all your
investment needs and deliver a solid return on your investment.
These accounts include:
• Call Accounts
• Notice Deposits
• Tax Exempt Savings Account
BUSINESS BANKING
PAYMENT SOLUTIONS MERCHANT SERVICES

We have successfully assisted our clients Our Point of Sale (POS) terminals can be linked
improve unpaid collections up to 35%. With a to your Mercantile Bank transactional bank
focus on service, security and cost efficiencies, account, enabling you to receive same-day
we offer direct access to the payment system, value for all VISA and MasterCard Credit and
regulators and BankservAfrica which ensures Debit card transactions.
that we are part of, and have an influence over,
the ever-changing payments environment.
Electronic Banking Services provides solutions

to third parties and offers access to the following:
• Debit Order Collections

• DebiCheck
• NAEDO Collections
• AEDO Collections
• Bank Account Validation
• Account Verification Services (AVS)
PRIVATE BANK PRIVATE PRACTICE
Mercantile Bank Private Bank is the first bank in As a healthcare professional with your own
South Africa that caters exclusively for entrepreneurs. practice, you’re an entrepreneur charting new
We’ve taken what we’ve learnt from five decades waters with your business. Yet, when it comes to
of banking this sector to create South Africa’s first your personal and business banking needs, you
Private Bank, custom-created for an entrepreneur’s find you are still largely unsupported because your
personal banking needs. Our seasoned private current bank can’t think beyond your profession.
bankers will support you when you need them to
ensure a more personal service and quick turnaround. We have created the Mercantile Bank Private
Practice Solution to help your business grow
Our loyalty programme offers Private Bank and beyond your profession. Whether you are
Private Practice clients employed, training as a medical professional or
thinking of starting your own practice - we have
• Access to premier lounges at airports around a solution for you. Because we understand the
South Africa hard work and time you have invested in your
• Access to a loyalty app - the first offering of profession. This means you can concentrate
its kind in South Africa - which allows client to on doing what you do best-looking after your
earn points that can be redeemed at a number healthcare practice while our banking expertise
of handpicked premium stores from a cup of allow you to steer your business in the right
coffee to a holiday you will be able to reward direction. You will be provided with a dedicated
yourself with what you desire most. Private Practice Banker for both your personal
and business needs.
FOREIGN EXCHANGE & TREASURY PRODUCTS
Mercantile Bank is an authorised foreign exchange dealer, offering

a range of services for both importers and exporters active in
cross-border trade. Our Treasury employs professionals with a
wealth of experience, able to advise you astutely and address all of
your forex requirements:
• Bills for Collection

• Forward Exchange Contracts (FECs)
• FOREX trade
• Letters of Credit
• Trade Guarantees
• CFC Accounts
• FCA
• Treasury Advisory
Let us help you take your business to the
next level of growth. Get in touch today!
Contact us on 086 030 9250 or [email protected]
www.mercantile.co.za
Mercantile Bank a division of Capitec Bank Limited Registration Number: 1980/003695/06. An authorised financial services
provider (FSP46669) and registered credit provider (NCRCP13).

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Growing entrepreneurs.

It’s what we know. It’s what we do.

We offer a full suite of financial services and focus on a

BUSINESS BANKING BUSINESS BANKING

• Business Transactional Account • Overdrafts

Mercantile Bank offers a full suite of business savings products

PAYMENT SOLUTIONS MERCHANT SERVICES

Electronic Banking Services provides solutions

• Debit Order Collections

Mercantile Bank is an authorised foreign exchange dealer, offering

• Bills for Collection

Contact us on 086 030 9250 or [email protected]

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