African Bank Branch Code

African Bank agreed on 26 May 2022 to buy Grindrod Financial Holdings and Grindrod Bank's preference shares; regulatory approvals were in by 6 October 2022 and the effective date was 1 November 2022 (outside the 2023-2026 window but it explains African Bank's business banking entry). Source

African Bank was named successful bidder (announcement archived February 2025) for the majority of Ubank's assets and liabilities in an R80 million deal; Ubank has been under curatorship since 16 May 2022 and African Bank is not buying the legal entity. Closing date not verified. Source

Ubank (formerly Teba Bank) was placed under curatorship by the Minister of Finance with immediate effect on 16 May 2022, announced by the SARB Governor. Ubank does not appear on the SARB locally controlled banks list dated 7 July 2026. Wikipedia (third party) says Ubank now falls under African Bank, citing an African Bank release of 17 May 2023 ('African Bank to Acquire Majority of Assets and Liabilities of Ubank in R80-Million Deal'); that first-party African Bank page is behind a Cloudflare challenge, so the acquisition is NOT first-party verified and what Ubank customers should use now (African Bank codes) is unconfirmed. Source

Wikipedia states Ubank is now part of African Bank (acquisition announced by African Bank 17 May 2023). Third-party; owner page blocked to curl. Treat as lead, not confirmed. Source

What is the African Bank universal branch code?

430000. African Bank publishes it as the branch code for payments into any African Bank account, whichever branch it was opened at.

Where do I use the African Bank branch code?

When you add a African Bank account as a beneficiary for an EFT, salary payment or debit order: enter 430000 as the branch code with the account number.

What is the African Bank USSD code?

Banking: *120*225#.

What is the African Bank customer care number?

Customer care phone: 0861 111 011.