Prendre sa retraite à l’île Maurice

Yes, you have to be physically present in Mauritius to open a bank account, however an application can be made remotely provided that the introduction is done through a management company in Mauritius approved by the Financial Services Commission (FSC).

• original and copy of valid passport (in colour)
• original and copy of proof of residence in their home country (in colour)
• bank reference from the country of origin indicating that the account is well managed and does not have any anomalies.
• CV with professional status.

It takes approximately 2 working days to open a bank account in Mauritius

You can open a bank account in any foreign currency such as ZAR, EUR or USD.

Rich in history and ancestral linage, the Mauritius Banking Sector has been at the service of the economy since 1838. Mauritius is in fact eulogized as having the oldest banking institution of the south of the Sahara, and one of the oldest banks of the Commonwealth. Today, the banking industry is made up of local and international bank for aering a wide array of services, from traditional retail banking facilities to specialized services such as fund administration, private banking, structured trade finance, Islamic banking, investment banking and custody services. All the banks are licensed by the Bank of Mauritius to carry out banking business locally and internationally.

Here is a list of banks in Mauritius:

• ABC Banking Corporation Ltd
• ABSA Group Ltd (Barclays Bank) Ltd
• AfrAsia Bank Limited
• Bank of Baroda
• Bank of China
• Bank One Mauritius
• BCP Bank
• Habib Bank Limited
• HSBC Bank (Mauritius) Limited
• Investec Bank
• MauBank Ltd
• Mauritius Commercial Bank Group
• SBI (Mauritius) Ltd
• SilverBank Limited
• Standard Bank (Mauritius) Limited
• Standard Chartered Bank (Mauritius) Limited
• State Bank (Mauritius) Limited
• The Hongkong and Shanghai Banking Corporation Limited
• Warwyck Private Bank Ltd