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 2โ€“4 weeks for KYC.

Opening a Mauritius bank account as a foreigner

**MCB (Mauritius Commercial Bank)** is the most popular choice โ€” 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

  • โ€ขPassport (original + certified copy)
  • โ€ขProof of Mauritius address (rental agreement or utility bill)
  • โ€ขCopy of permit or visa
  • โ€ข3โ€“6 months home country bank statements
  • โ€ขSource of wealth declaration

Timeline

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

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