HomeAnswersHow do I open a bank account in Mauritius as a foreigner?

How do I open a bank account in Mauritius as a foreigner?

Direct Answer

MCB and SBM are the main options. You need passport, Mauritius address, permit documentation, and proof of source of funds. Allow 2–4 weeks for KYC.

Opening a Mauritius bank account as a foreigner

**MCB (Mauritius Commercial Bank)** is the most popular choice — English-speaking staff, good app, familiar with EDB permits. **SBM** is the second main option. **HSBC Mauritius** for UK clients. **Absa** for South Africans.

Documents required

  • Passport (original + certified copy)
  • Proof of Mauritius address (rental agreement or utility bill)
  • Copy of permit or visa
  • 3–6 months home country bank statements
  • Source of wealth declaration

Timeline

Allow 2–4 weeks from submitting complete documents. Some banks allow remote initiation before you arrive; full activation needs an in-branch visit with originals.

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