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- How to Select my Shares
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- Shares FAQ
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FAQs - Account opening
How do I open a share investing account and how long does it take?
We offer real time account opening. Once logged in to Online Banking just follow the apply online prompts. Within a few minutes you could be investing on the JSE!
Can I hold more than one Share Investing account?
Yes, you can. You may hold multiple accounts within your individual profile. This means that you may for example, have two Share Builder accounts and one Share Investor account, if you like.
Can I open accounts in the name of a Trust, a partnership, a close corporation?
Yes. Share Investor is available to South African, Non-Resident and Emigrant Companies, Trusts and Legal Entities.
Are Non-Residents able to open accounts?
Yes. If you require any more information on opening a Non-resident Share Investor account, please call us on 0860 SHARES (742 737).
Are under 18's able to open an account?
For a Share Saver account, there is no minimum age requirement, but the parent or legal guardian needs to be an authorised signatory for the minor.
To open a Share Builder or Share Investor Account, you must be 18 years or older.
How do I add to and/or withdraw funds from my account?
Funds can be deposited or withdrawn according to standard transfer/payment functionality. If you hold an FNB transactional account and also open a share investing account - movement of funds across accounts is especially quick and simple.
How do I know that my funds and investments will be safe once I make a deposit?
Unlike other share trading platforms, FNB Share Investing is located within Online Banking. This means that your account will be located within the most secure online environment that FNB is currently able to offer.
What are the minimum account opening and cash balance amounts required?
For Share Saver, you need to invest a minimum of R300 every month. For Share Builder, you'll need R100 to activate the account and maintain a R100 balance in the account at all times. For Share Investor, you'll need R200 to activate and maintain R200 at all times.
Do I earn interest on cash balances in my trading account?
Yes, at a rate linked to call account rates -1%.
Who do I contact if I have account opening queries?
Contact us on 0860 SHARES (0860 742 737) during office hours, or email us at shareinvesting@fnb.co.za.