Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Switch to FNB Business

Product shop Retrieve application

By Turnover

First Business Zero (R0 - R5 million p.a) Gold Business (R0 - R5 million p.a) Platinum Business (R5 million - R60 million p.a) Enterprise Business (R60 million - R150 million+ p.a)


Business Accounts Credit Cards Cash Solutions Merchant Services eWallet Pro Staffing Solutions ATM Solutions Ways to bank Fleet Services Guarantees

Savings and Investments

Save and Invest 3PIM (3rd Party Investment Manager)


Overdraft Loans Debtor Finance Leveraged Finance Private Equity Vumela Securities Based Lending Selective Invoice Discounting Asset Based Finance Alternative Energy Solutions Commercial Property Finance Fleet Services



For my employees

Staffing Solutions Employee benefits

Forex + Trade

Foreign Exchange International Trade Structured Trade + Commodity Finance Business Global Account (CFC account)

Value Adds + Rewards

Connect my business the dti initiatives Business Hub eBucks Rewards for Business DocTrail™ CIPC Instant Accounting Solutions Instant Payroll Instant Cashflow Instant Invoicing SLOW 24/7 Business Desk FNB Business Fundaba nav» Marketplace Prepaid products Accounting integrations

Industry Expertise

Philanthropy Chinese Business Islamic Banking Agriculture Public Sector Education Healthcare Franchise Motor Dealership Tourism

Going Global

Global Commercial Banking

Financial Planning


Bank Better

Demos KYC / FICA Debit order + recipient switching Electronic Alerts

Switch to FNB

Product Shop

Corporates + Public Sector

Corporate Public Sector

Switch to FNB

Product Shop

Private Banking

Private Banking

Find a branch

Pricing guide

Sub Product codes DDA MT
Charge Types Pay-As-You-Use
Monthly Account Fee R45.00
Debit Service Fee R45.10 per debit issued
Debit Deposit Fee R19.80 per debit deposit
Inward Unpaid R105.00 per item
Cash withdrawals including debit encashments <R5,000 <R10,000 <R15,000 <R50,000 <R150,000 >/=R150,000
FNB Branch Debit Service Fee (Min R23.50) plus R2.66 R1.96 R1.59 R1.40 R1.16 R1.16
FNB Bulk Cash Centres Debit Service Fee (Min R23.50) plus R2.06 R1.57 R1.27 R1.12 R0.94 R0.82
Cash deposits <R5,000 <R10,000 <R15,000 <R50,000 <R150,000 >/=R150,000
FNB ATM Advance R3.75 plus R0.48 per R100.00 or part thereof
FNB Branch (Min Fee R15.00) R8.40 plus R1.08 R1.08 R1.08 R1.08 R1.08 R1.08
FNB Bulk Cash Centres (Min fee R15.00) R5.00 plus R2.35 R1.50 R1.12 R0.97 R0.82 R0.71

Legal Practitioners S86(2) Trust Account

Manage + hold funds in trust

Designed for registered legal practitioners managing or holding funds in trust on behalf of clients
or third parties. It is regulated by section 86(2) of the Legal Practice Act No. 28 of 2014.

  • Keep your third-party funds completely separate
  • Use the Managed Option(AMTS) to automatically pay the Legal Practitioners Fidelity Fund

How it works

Trust management made easy

The funds contained in this account are not owned by the principal client (the Legal Practitioner) as they are only controlled by virtue of a fiduciary relationship for the third party/client of the Legal Practitioner. It is used by Legal Practitioners to hold funds on customers' behalf. In line with this requirement, no cards or overdrafts are available for these accounts to protect the integrity of audit trails and the funds held in trust.

To prevent the trust account from overdrawing, a linked business account must be opened in conjunction, as it allows customers to redirect the fees and VAT charges of the trust account, to the Legal Practitioners' main FNB Business Account (transactional account).

The Legal Practitioners S86(2) Trust Account should only reflect the trust monies and all fees and interest need to be settled against the transactional Business account and not from the funds held in trust.


Managed Option - Automated Monthly Transfer System

Pay your Legal Practitioners Fidelity Fund easily

Legal Practitioners can sign up for the Managed Option(AMTS) functionality which simplifies the mandatory payments to the Fidelity Fund (in terms of Rule made under the authority of Section 95 (1) of the Legal Practice Act, 28 of 2014).

The system is automated to reconcile interest and approved recoverable charges monthly, enabling the automatic transfers of surplus credit interest earned on the trust account to automatically be paid to the Legal Practitioners Fidelity Fund. The VAT portion of the fees and any fees not offset against the interest will be redirected to the transactional Business Account.


Key features

Benefits to your business

An account that offers you features to suit your business.

Reduced Administration

Legal Practitioners can automate the offsetting of approved recoverable charges and interest and their payments to the Legal Practitioners Fidelity Fund.

Clear audit trail

There is a clear audit trail of all credit interest, transaction costs and VAT to assist clients when they are required to account for them.

Trust-specific fees

The fee structure on the trust account is catered to the holding of trust money.

Statement reconciliation

All transactions are reflected on the bank statements for ease of reconciliation.

Applying made easy

Legal Practitioners S86(2) Trust Account

Qualifying criteria

  1. The account holder must be a Legal Practitioner with an acceptable ITC credit record and a FNB Business Banking Account
  2. The account must only be used for the safe keeping of funds belonging to the Legal Practitioner's clients

How to get it

Apply now!

Other ways to apply

Contact us

Find a branch