Rating based on 57 reviews

FirstRand Bank

Updated
  • Transactional banking
  • Investments and insurance
  • Delivering superior returns

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FirstRand Bank homepage
Author FirstRand Bank. Screenshot of FirstRand Bank website.
[Accessed December 11, 2022]

About FirstRand Bank

Do your online banking with the best bank in the country – FirstRand Bank.

Their online banking services cover the whole of Africa including Nigeria and the United Kingdom, Dubai, Australia, China, and India. Rand Merchant Bank is a division of FirstRand Bank Limited, which is JSE-listed.

A little history about FirstRand Bank

FirstRand bank's history dates back to the early 1800s when it opened its doors to online banking services that benefited everyone who partnered with them.

FirstRand works as an integrated online banking financial services bank comprising four major well-known brands: First National Bank, Rand Merchant Bank, Momentum, and Wesbank.

A unique approach to banking

They offer long-term value in their finance and online banking options, with a vision to be the financial services group of choice around the globe. FirstRand Bank delivers on its promise of returns to its shareholders and clients.

FirstRand holds to its philosophy that its people are the core of its brand. They pull in, create & hold the best talent to ensure their online banking abilities are maximised.  Employees are enabled to grow, become empowered, and are rewarded suitably.

A company with high standards and values

As the champions of FirstRand's qualities, their employees act with honesty and passion. They're proud of the qualities amongst their people, especially as it adds to inventiveness and develops through connections.

They've prospered significantly in the online banking world and operate in almost every area of the financial services sector.

FirstRand Bank Services

At FirstRand they provide online banking and insurance products and services within the retail, commercial, corporate and public sectors in South Africa and several African countries.

A company where you are a priority

Their online banking services are positioned very carefully – they are of extremely high quality, informative, and tailored to your needs.

This is achieved through an active team and customized online banking solutions focusing on what will be suitable for their clients and shareholders. They provide a range of products and services to ensure a seamless online banking solution.

Prime online banking services

The RMB Global Market division provides you with execution, financing, asset servicing, custody, and clearing facilities. These online banking services are facilitated through equities, fixed income, currencies, and commodities markets.

Technology has allowed them to think outside the box and use systems to create long-term sustainable solutions to meet their online banking needs.

Online Banking – Trade

Their online banking global markets help you navigate through the international trade markets.

With this it maximizes your cash flow, they can identify growth and respond to customer, market, and regulatory demands. They'll target the right online banking markets, offering you optimal growth in your business.

Working capital solutions

FirstRand offers flexible online banking solutions to meet your ideal business finance needs. Along with facilities for up to 18 months structured specifically to decrease your costs during your working capital cycle.

FirstRand Bank – Bank

  • Loan Type Online Banking

Benefits of FirstRand Bank

  • Banking Services
  • Loan Services
  • Reward points

FirstRand is the financial service group of choice

FirstRand Bank is the leading South African online banking financial group in existing and new markets.

By growing their existing online banking markets in Africa, they aim to target markets that have potential growth capabilities.

Markets that are best positioned to show profitable trade and investment between Africa and Asia, China, and India. They intensify these online banking strategies through operating franchising that represents separate branded profit centres.

Transactional online banking

You get advanced online banking services to increase the working capital cycle of collections and payments, and liquidity management that releases balances locked in working capital. This will enable you to optimize interest revenues and reduce interest costs within your business.

One of the very best online banking banks in SA

To be recognized as a leader in the online banking market, each franchise delivers superior, sustainable economic profits, recognized by employees and stakeholders, with flawless execution. The initiative of FirstRand, including the FirstRand CEO, COO, and CEOs, decides the Group technique and is responsible for the general execution of the Group.

Every establishment then takes responsibility for particular systems, which are executed inside the limits of the group's vision and shared business logic. This guarantees that the online banking group provides economic value.

They believe in values and principles through

  • Respect and empowerment of people
  • Integrity and accuracy
  • Open communication within the business
  • Employee participation
  • Long-term viability
  • Their philosophy reflects in their owner-management culture

Their online banking track record for entrepreneurship and innovation differentiates them from their competitors. They encourage their people to balance profit growth with sustainable development.

Benefits of online banking with FirstRand Bank

  • Banking services
  • Online loan services
  • Reward points
  • Investments and insurance
  • Delivering superior returns

Their online banking culture

Empowerment requires accountability throughout the business, from top to bottom. They continuously commit to rigorous performance management and upskilling of their people. They're aligned with an online banking group strategy to retain ownership and accountability within their group. This is carried through with strategies, operational decisions, and financial performance.

FirstRand recruits and develops online banking entrepreneurial self-starters who show passion for what they do. They've proven that by employing and partnering with talented people, they consistently create entrepreneurial action that builds excellent online banking businesses.

Their people from the core of their business

They believe that having experienced, passionate and willing people on board, provide a positive work environment. FirstRand believes in empowering its people through skill development to retain the best in the online banking industry and reward them accordingly. Their employees contribute to their innovative thinking and play a major role in the relationships built with their clients and shareholders.

Try out their online banking

Online banking is so much more convenient in a rushed world where everyone around you is running in different directions and most of them have no idea what they are doing. Be sorted, be relaxed, and do online banking from the comfort of your home.

man holding thumbs up

FirstRand Bank is a trusted & reliable provider of online banking

In our review, FirstRand Bank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ FirstRand Bank is a registered credit provider in South Africa: NCRCP 20

Customer Reviews & Testimonials

April 2021

With FirstRand you can rest assured that they will put you first. I love collaborating with them because I know that I am going to receive the best online banking experience from them

Siyabonga D
— Alice —

April 2021

If you are looking for a great online banking service then FirstRand is the only lender that I would recommend. Their staff knows their way around loans, they are so friendly and 100% accessible ...

Amanda C
— Potchefstroom —

October 2021

Online Banking is so much more convenient and because FirstRand Bank has such amazing security systems, your private information is safe, and you can access it whenever with your password. Thank ...

Edith N
— George —

FirstRand Bank Contact

Physical Address


Postal Address

  • PO Box 650149, Benmore, Johannesburg, 2010, South Africa

Opening Hours

  • Monday 09:00 – 16:30
  • Tuesday 09:00 – 16:30
  • Wednesday 09:00 – 16:30
  • Thursday 09:00 – 16:30
  • Friday 09:00 – 16:30
  • Saturday 09:30 – 13:00
  • Sunday – Closed