Corporate Account Opening for Your Mauritius Company
Mauritius sits at the crossroads of Africa and Asia, backed by a well-regulated financial sector and an extensive network of double taxation agreements. We guide your Mauritius entity through the banking process — from selecting the right institution to completing account activation.
Remote opening
Your Mauritius corporate account can be established remotely. Banks on the island are experienced with international applicants and offer streamlined digital onboarding.
Multi-currency
Mauritius banks cater to businesses spanning two continents. Hold accounts in USD, EUR, GBP, INR, and currencies relevant to both African and Asian markets.
Global network
Positioned as the gateway between Africa and Asia, Mauritius banking provides strong correspondent relationships reaching financial institutions across both regions and beyond.
No restrictions
Mauritius maintains a liberalised foreign exchange regime for Global Business Companies. Transfer funds internationally without exchange control hurdles.
How Mauritius Approaches Corporate Banking
How Mauritius serves as a strategic gateway for international banking and investment
Mauritius as a Financial Hub
Strategic Financial Hub Bridging Africa, Asia, and Europe
Mauritius has positioned itself as a premier international financial centre at the crossroads of three continents, attracting global banks and investment firms seeking access to African and Asian markets.
Flexible Capital Structure Without Mandatory Local Deposits
Authorised companies in Mauritius are not required to maintain prescribed capital levels in domestic accounts, enabling businesses to allocate resources according to their global strategy.
Multi-Currency Operations With No Exchange Control Barriers
Mauritius has eliminated exchange controls for global business companies, allowing them to transact in USD, EUR, GBP, and other currencies without regulatory impediments.
Extensive Double Taxation Treaty Network Spanning 45+ Countries
Mauritius has negotiated investment promotion and protection agreements with nations across Africa, Asia, and Europe — a significant differentiator that enhances the financial efficiency of cross-border operations.
Well-Established Banking Sector With Both Local and International Institutions
The island hosts branches and subsidiaries of major international banking groups alongside strong domestic banks, all regulated by the Bank of Mauritius under internationally recognised standards.
Banking Services for Mauritius Entities
Multi-Currency Accounts With Major World Currencies
Mauritius banks routinely offer corporate accounts in USD, EUR, GBP, ZAR, and INR, reflecting the jurisdiction's role as a conduit for investment flows between diverse economic regions.
SWIFT Transfers and Correspondent Banking Networks
Well-integrated SWIFT infrastructure and established correspondent banking arrangements ensure that international transfers are processed efficiently and reach recipients worldwide.
Modern Digital Banking and Corporate Payment Tools
Leading Mauritius banks provide comprehensive internet banking, mobile applications, and payment automation tools that allow global business companies to manage finances remotely.
Investment and Treasury Management Services
Beyond transactional banking, Mauritius institutions offer structured investment products, fixed deposits, and treasury advisory services tailored to the needs of international holding and investment companies.
Efficient Account Opening With Digital Verification Options
Several banks in Mauritius have streamlined their corporate onboarding processes, accepting certified documents electronically and conducting video-based identity verification for directors.
Why Expanship for Mauritius Bank Account Opening
As an international financial centre bridging Africa and Asia, Mauritius offers compelling banking options for Global Business Companies. We bring practical experience with Mauritius banking — helping your entity meet local requirements and access the right financial institution.
Mauritius Banking Expertise
Our team brings practical experience with Mauritius banking for Global Business Companies, understanding the requirements of the Financial Services Commission and local banks.
Trusted Banking Connections
Access banking institutions in Mauritius that regularly service GBCs and understand the needs of companies operating across Africa, Asia, and international markets.
Full Document Preparation
We compile and verify every document required by Mauritian banks, including those specific to GBC structures and the jurisdiction's regulatory framework.
Accelerated Timeline
Our established process with Mauritius banking keeps applications on schedule, coordinating documentation and communication to reduce wait times.
Regulatory Readiness
Mauritius banking is well-regulated under the FSC and Bank of Mauritius. We prepare your application to satisfy all compliance thresholds without repeated revisions.
Continued Guidance
Beyond account opening, we support your ongoing banking needs in Mauritius — from compliance updates to managing banking relationships across markets.
Mauritius Corporate Banking Options
Access a selection of banking partners spanning traditional financial institutions and modern fintech solutions, tailored to support cross-continental business operations.
Mauritius Bank Account Opening Pricing
Transparent, one-time fees for corporate bank account opening support. Get started with free digital banking or unlock access to the full range of financial institutions.
Digital Banking Package
Fast-track your Mauritius company's access to digital financial services
What You Get
- Guided account setup with one digital banking platform
Already included at no charge as part of our Mauritius company formation packages
Unlimited Banking Package
What You Get
- Assistance with unlimited traditional banks in Mauritius and internationally
- Assistance with unlimited digital banking platforms
Institution Matching
Guidance on Mauritius banks best suited to Global Business Companies with operations across Africa and Asia
Application Documentation
Compilation and review of all required documents to meet Mauritian banking and FSC compliance standards
Certified Document Preparation
Certified corporate records including Certificates of Incumbency and courier logistics as add-on
Bank Liaison Service
Acting as a coordination point between your business and banking institutions during the application
Your Mauritius Banking Process
Open a corporate bank account in Mauritius through a well-coordinated process. Our team handles the details so your application moves forward efficiently and compliantly.
Assess banking options for your Mauritius entity
We assess Mauritius and international banking institutions to identify the best fit for your company's sector, transaction profile, and multi-currency requirements.
Organise paperwork and submit your application
All corporate documentation, beneficial ownership disclosures, and application forms are compiled and verified for accuracy before being submitted to the selected bank.
Cooperate with the bank during their review
During the bank's assessment phase, we coordinate with their compliance team to furnish supplementary documents and answer any follow-up questions on your behalf.
Receive approval and finalise account activation
Once the bank communicates its decision, we facilitate account activation. If the application is not successful, we swiftly identify and pursue alternative options.
Mauritius Banking Account Requirements
Documentation requirements for opening a corporate bank account for your Mauritius entity. Our team ensures compliance with both local and international due diligence standards.
Certificate of Incorporation
Registration certificate issued by the Mauritius Registrar of Companies confirming company formation
Company Constitution
The company's constitutional document filed with the Registrar, outlining governance and operational rules
Certificate of Good Standing
Certificate from the Registrar confirming the company's active status and regulatory compliance
Register of Directors
Current record of directors as filed with the Corporate and Business Registration Department
Register of Shareholders
Updated register showing all shareholders, share allocations, and beneficial ownership details
Global Business Licence
Licence issued by the Financial Services Commission for companies holding Global Business Company status
Passport Copies
Certified copies of valid passports for all directors listed on the company's records
Proof of Residential Address
Recent document confirming each director's home address — utility bill, bank statement, or official letter
Professional Curriculum Vitae
Detailed resume for each director covering career trajectory, roles, and relevant expertise
Bank or Professional References
Formal reference letters from the director's financial institution or a professional adviser
Business Plan
Description of the company's activities, investment strategy, and target jurisdictions for operations
Financial Projections
Forward-looking financial statements covering revenue, expenses, and cash flow over 12 to 24 months
Transaction Profile
Expected transaction patterns including currencies, volumes, and primary counterparty regions
Source of Funds Documentation
Detailed evidence of the lawful origins of funds to be channelled through the account
Client and Investment Details
Information on the company's investment targets, clients, or portfolio companies as relevant
Frequently Asked Questions
In-depth answers to your questions about corporate banking in Mauritius and international account services for GBC entities
Account opening usually takes 3 to 8 weeks. Mauritius banks apply thorough compliance reviews, particularly for GBC entities. A well-prepared application with complete documentation can help shorten the timeline.
Several Mauritius banks now support remote onboarding through video verification and certified electronic documents. That said, some institutions may prefer an initial face-to-face meeting, particularly for larger accounts.
Minimum opening deposits vary by bank, typically starting from $1,000 for basic business accounts and going up to $50,000+ for premium products. We clarify the deposit expectations for each institution during selection.
Yes, Mauritius banks require documentation of your company's commercial operations. This includes business plans, evidence of transactions, contracts, or details of investment activities. This is especially important for GBC entities.
Yes, corporate documents typically require apostille or legalisation, and personal identification needs to be certified. We handle the full authentication process as part of your application preparation.
Banks generally accept corporate documents issued within the last 6 months. Certificates of Good Standing should typically be dated within 30 to 90 days. We verify each bank's specific requirements before submission.
Most Mauritius banks accept scanned copies for preliminary review, but certified originals are required for final approval. Several banks now accept certified documents submitted via secure digital channels.
Documents in languages other than English or French require certified translations. Mauritius uses both English and French officially, so documents in either language are generally accepted without translation.
Banks require full disclosure of individuals holding 25% or more of the entity, including identification, address proof, and an organisational chart. For GBC entities, the Financial Services Commission licence documentation also forms part of the ownership verification.
Mauritius has substance requirements for GBC entities. Banks may request evidence that your company maintains adequate management and control in Mauritius, including local directors, office presence, and operational activity.
Certain banks are cautious about higher-risk sectors such as cryptocurrency, gambling, or unregulated financial activities. However, Mauritius's diverse banking sector means options often exist for a range of business types.
Maintain your GBC licence conditions, keep directors and shareholder registers current, respond to bank periodic reviews, report material business changes, and comply with CRS, AML, and substance requirements as applicable.
Common fees include monthly maintenance ($50–$500+), international transfer charges ($15–$50+), minimum balance fees, and FX conversion charges. We provide transparent fee comparisons across all banks we recommend.
Yes, most corporate accounts maintain minimum balance requirements between $5,000 and $200,000+ depending on the bank and account category. Sub-minimum balances typically attract additional monthly charges.
Yes, most Mauritius banks offer corporate debit cards, and some provide credit card programmes for qualifying clients. Card limits and eligibility depend on the banking relationship and company profile.
Mauritius banks offer internet banking platforms with account monitoring, multi-currency management, international transfers, payment scheduling, and statement retrieval. Mobile applications are increasingly available.
Closures can result from compliance reviews, policy revisions, or changes in business activity. We recommend keeping banking relationships with more than one institution and can assist promptly with sourcing an alternative.
Reach Our Mauritius Banking Team
Need help navigating Mauritius banking requirements, account eligibility, or institution selection? Our team is ready to walk you through the process.
