Opening a bank account is now effortless with ABC Banking Corporation. Whether for personal or business needs, you can easily apply online through our new e-onboarding platform. Our accounts are not only easy to open but also simple to manage.

With our internet banking platform, you can conveniently handle your accounts from anywhere at any time.

This includes the seamless management of payments, foreign currencies, facilities, and deposits, all in one centralized location. Apply now to experience the convenience of modern banking with ABC Banking Corporation.

Personal bank account

  • Quick and easy account opening from the comfort of your home or office

  • Accounts available in Mauritian Rupees and in all major currencies including USD, EUR, GBP, ZAR, CHF, CNY, CAD, UAD and AUD

  • Current accounts, savings and term deposit accounts

  • Free internet banking for your everyday needs

  • ABC Banking mobile app to bank securely anytime, anywhere

  • International money transfers

  • Apply for UnionPay Debit cards and Mastercard Debit & Credit cards

  • Chequebooks available in Mauritian Rupees

  •  

    What documents are required to open a personal bank account?

     

  • – Passport or Mauritian ID Card
    – Proof of residential address under the name of the applicant (I.e. utility bill, bank statement, etc.) dated within the last 3 months. If request is made by another party, proof of relationship is required.
    If you are not a resident of Mauritius or Mauritian national, we would also require:
    – A CV/Resume
    – 6-month bank statements and/or bank reference letter (if applicable)
    – Employment contract or other documents showing source of wealth (if applicable)

Apply
Corporate bank account

  • Apply for an account in minutes for all your business needs

  • Suitable for entrepreneurs, medium and large corporations

  • Call deposit accounts in all major currencies including USD, EUR, GBP, ZAR, CHF, and CNY

  • Free internet banking to access your business accounts

  • ABC Banking mobile app to manage business banking anytime, anywhere

  • Pay easily locally and send money worldwide

  • Apply for UnionPay cards and Mastercard cards and chequebooks

  • Access ABC Banking’s facilities, forex, trade finance services, and much more!

  •  

    What documents are needed to open a business bank account for a company operating in Mauritius?

  • Statutory documents of the entity/company :
    – Certificate of incorporation
    – Business License
    – Memorandum & Articles of Association/Constitution (if applicable)
    – Register of Directors / Register of shares
    – Financial Statements or audited accounts (for active companies)
    – Certificate of good standing (if applicable)
    – Board resolution authorizing the account opening (if applicable)
    – Bank statements (for entities that already have bank accounts)
    – Company organogram (showing shareholders) – for complex structures only
    – Forecast Accounts (if applicable)
    Document of the ultimate beneficial owner(s), director(s), shareholder(s) and signatories:
    – Passport copy or Mauritian ID Card
    – Proof of residential address (I.e. utility bill, bank statement, etc.) dated less than 3 months.
    – CV/Resume & bank reference letter for ultimate beneficial owner(s) of the entity (if applicable)
    Statutory documents of the shareholder/director if it is a corporate entity
    – Certificate of incorporation
    – Business License
    – Memorandum & Articles of Association/Constitution (if applicable)
    – Register of Directors / Register of shares
    Proof of business (I.e., agreements with clients/suppliers, contracts, product list, shipping documents/bill of landing)

Apply
International bank account

  • Apply for an account in a few clicks

  • Suitable for Global Business Companies, Authorised Companies and Foreign Companies (entrepreneurs, medium and large corporations)

  • Call deposit accounts in all major currencies including USD, EUR, GBP, ZAR, CHF, AED and CNY

  • Free internet banking to access your business accounts 24/7

  • ABC Banking mobile app to manage business banking anytime, anywhere

  • International transfers across jurisdictions

  • Access ABC Banking’s facilities, forex, trade finance services, and much more!

  • Corporate Service Providers and clients in the Middle East and Asia may contact our Representative Offices for more information about our international banking services

  •  

    What documents are needed to open a bank account for a global or international business or entity registered outside Mauritius?

  • Statutory documents of the entity/company :
    – Certificate of incorporation
    – Business License or Registration, if any
    – Memorandum & Articles of Association/Constitution (if applicable)
    – Register of Directors / Register of shares
    – Financial Statements or audited accounts (for active companies)
    – Certificate of good standing (for entities incorporated over a year ago)
    – Board resolution authorizing the account opening (if applicable)
    – Bank statements (for entities that already have bank accounts)
    – Company organogram (showing shareholders) – for complex structures only
    Document of the ultimate beneficial owner(s), director(s), shareholder(s) and signatories:
    – Passport copy or Mauritian ID Card
    – Proof of residential address (I.e. utility bill, bank statement, etc.) dated less than 3 months
    – CV/ Resume
    – Bank reference letter for ultimate beneficial owner(s) of the entity (if applicable) dated less than 3 months
    Statutory documents of the shareholder/director if it is a corporate entity
    – Certificate of incorporation
    – Business License
    – Memorandum & Articles of Association/Constitution (if applicable)
    – Register of Directors / Register of shares
    Proof of business (I.e., agreements with clients/suppliers, contracts, product list, shipping documents/bill of lading)

     

Apply
Frequently Asked Questions

    • How can I open an account with ABC Banking?

    You can submit business and personal bank account opening requests through the Digital Onboarding Platform of ABC Banking Corporation.

     

    • How long does it take to open a bank account?

    Personal accounts can be opened within 24 hours, while business accounts can be opened within 3 days. The timeline for business accounts depends on the complexity of the corporate structure and other factors, including the submission of all documents as per our checklist of requirements.

     

    • What are the minimum requirements to open a bank account?

    To open an account for a business in Mauritius, the minimum deposit required is MUR 10, 000. Please refer to the above list of documents and tariff guide for more information.

    For international entities and individuals not resident of Mauritius, the Bank accepts applications through licensed Corporate Service Providers (CSP), Company Registered Agents, Offshore Management Companies, accountancy firms or law firms.

    Opening a Bank Account as an International Banking customer involves submission of documents, as per our checklist of requirements, to ensure compliance with regulations. The minimum deposit required is USD 5,000 or its equivalent in other currencies.

    These requirements may vary depending on the business profile and the nature of the corporate entity.

     

    • What are the currencies available?

    Accounts are available in Mauritian Rupees (MUR) and in all major currencies: USD, EUR, GBP, AUD, CAD, CHF, HKD, SGD, CNY, INR, JPY, UAD and ZAR.

     

    • What are the types of bank accounts available?

    Our bank offers current accounts, savings accounts, call deposit accounts, and term fixed deposit accounts.

     

    • Can corporate accounts be opened for companies outside of Mauritius?

    Yes, ABC Banking can open accounts for entities and companies registered or doing business outside of Mauritius.

     

    • Can ABC Banking open accounts for trusts and funds?

    Yes, ABC Banking can open accounts for trusts, funds, and other type of entities.

     

    • What is the account opening fee?

    Account opening fees differ based on the type of account. Please refer to our tariff guide for more information. Please refer to our tariff guide for more information.

     

    • Is there a monthly maintenance fee?

    International and local clients have different account maintenance fees.

    Please refer to our tariff guide for more information.

     

    • What is the minimum deposit to maintain?

    Minimum deposit varies on the type of accounts. Please refer to our tariff guide for more information.

     

    • What fees are associated with cash withdrawals using cards?

    Withdrawal of cash with ABC Banking debit and credit cards is free in all ATMs in Mauritius. The fees for withdrawal of cash with ABC Banking debit cards in ATMs outside Mauritius will depend on the acquiring bank (bank owning the ATM). A cash advance fee is applied to credit card transactions. Additionally, a markup of 1.5% to 3% is applied for ATM withdrawals outside of Mauritius.

     

    • Does ABC Banking offer internet banking and mobile banking services?

    Yes, ABC Banking offers free internet banking and mobile banking services. The mobile app can be downloaded on App Store and Play Store.

     

    • What are the cards available at ABC Banking Corporation?

    ABC Banking Corporation offers debit cards and credit cards for corporate and individual clients. The debit cards are MasterCard and UnionPay Card.

     

    • What is the daily cash withdrawal limit for cards?

    For business and individual clients residing in Mauritius, the maximum daily ATM withdrawals for a MasterCard Debit Card and a UnionPay Classic Card are limited to three transactions, totaling MUR 20,000 or its equivalent in foreign currencies. For a UnionPay Diamond Card, the maximum daily ATM withdrawals are limited to three transactions, totaling MUR 100,000 or its equivalent in foreign currencies.

    For entities and individuals that are not residents of Mauritius, maximum ATM withdrawals for a MasterCard Debit Card and UnionPay Diamond Card is limited to 3 withdrawals per day amounting to a total of USD 3,000 or its equivalent in other foreign currencies. For Mauritians who are non-residents, the limit is MUR 20, 000 or equivalent in foreign currencies.

     

    • Where can we use the ABC Banking cards?

    ABC Banking debit and credit cards can be used around the world at ATMs, online and POS machines that accept MasterCard and/or UnionPay.

     

    • Can I use my ABC Banking cards for purchase online?

    Yes, online purchases can be done with ABC Banking cards. Fees and charges may apply, refer to our tariff guide for more information.

     

    • What are the fees applicable while using the debit card?

    Please refer to our tariff guide for more information.

     

    • What are the fees applicable for inward and outward payment?

    Please refer to our tariff guide for more information.

     

    • Does ABC Banking Corporation accept cheques?

    ABC Banking accept cheques only in Mauritian Rupees.

     

    • Does ABC Banking Corporation offer letters of credit or trade financing services?

    Yes, letters of credit and trade financing services are available.

     

    • Who are your correspondent banks?

    You will find the list of our main correspondent banks here.

     

    • Does ABC Banking Corporation provide credit lines?

    ABC Banking caters for the provision of credit lines which would entail a credit assessment of the request. ABC Banking can offer credit lines for: working capital financing through overdraft and trade finance products such as import loans, letter of credit, bill discounting and bank guarantee, as well as leasing for asset financing. Credit lines are also offered for project financing through structured term loans and GFA facilities. For individuals, the bank ABC Banking also offers home loan, leasing, personal loans and overdraft for individual clients.

     

    • Does ABC Banking Corporation offer interests on business accounts?

    ABC Banking can give interests on business accounts depending on the type of account. For example, fixed term deposits are available in Mauritian Rupees and other foreign currencies.

     

    • Can I close my bank account anytime?

    Yes, if you wish to close your ABC Banking account you should contact your relationship manager who will assist you in the process.

     

    • Where is ABC Banking Corporation?

    ABC Banking Corporate is located in Place d’Armes, Port Louis, Mauritius. The bank also has representative offices in Hong Kong and Dubai (Regulated as a Representative Office by DIFC). Our addresses and contact details can be found on https://www.abcbanking.mu/contact-us/