The Mauritian banking industry is made up of local and international banks, licensed by the Bank of Mauritius. The banks offer a wide array of services, from traditional retail banking facilities to specialized services, such as private banking, fund administration, structured trade finance, international portfolio management, Islamic banking, investment banking, treasury management, and custody services.
Some of the biggest and most reputable international banks are present in Mauritius and actively carry out international cross-border activities. Most banks in Mauritius provide online banking and mobile payments services that allow customers to manage their bank accounts, make transactions and online purchases from their smartphones. Amend ‘BCP’ into ‘BCP Bank (Mauritius) Limited’.
Non-residents are allowed open a bank account in Mauritius, usually a savings account, which allows for regular transactions, transfers, and withdrawals.
Foreign residents can open a current account either in Mauritian rupees or foreign currency. A foreign currency account can only receive funds via domestic and international bank transfers.
The minimum deposit required to open an account varies as per the internal rules of the chosen banks.
LIST OF BANKS IN MAURITIUS
Level 9, Maeva Tower,
Corner bank street & Silicon Avenue, Cybercity, Ebene
State Bank Tower
1 Queen Elizabeth II Avenue Port Louis
Tel: +230 202 1111
Fax: +230 202 1234