Account Opening Assistance for Your Seychelles Company
Seychelles has built a growing international financial centre in the Indian Ocean, regulated by the Financial Services Authority. Our team assists your Seychelles-registered company with the banking application — from initial paperwork through to a fully operational corporate account.
Remote opening
Your Seychelles bank account is set up without requiring travel to the islands. Remote-friendly banking procedures handle verification and onboarding digitally.
Multi-currency
Hold and manage funds across USD, EUR, GBP, and other international currencies. Seychelles banks offer flexible currency options suited to globally active companies.
Global network
From its Indian Ocean location, Seychelles banking connects your entity to financial networks spanning Africa, Asia, Europe, and the Middle East through established correspondent channels.
No restrictions
Seychelles IBCs are exempt from local exchange controls. Receive, send, and manage funds across jurisdictions with no regulatory constraints on currency movement.
Banking Landscape for Seychelles Entities
Exploring Seychelles' growing appeal as a jurisdiction for international corporate banking
Seychelles' Financial Infrastructure
Emerging Offshore Financial Centre in the Indian Ocean
Seychelles has steadily developed its international financial services sector, attracting a growing number of IBCs and banking institutions drawn by the jurisdiction's geographic position and business-friendly legislation.
No Local Capital Deposit Mandates for IBCs
International business companies registered in Seychelles have no obligation to maintain minimum capital in domestic bank accounts, leaving founders free to hold funds wherever best serves their operations.
Foreign Currency Freedom With No Exchange Controls for International Entities
Seychelles IBCs are exempt from exchange control regulations, permitting unrestricted inflows and outflows in US dollars, euros, and other foreign currencies.
Evolving Compliance Framework Aligned With Global Standards
The Financial Services Authority and Central Bank of Seychelles are actively modernising the jurisdiction's AML/CFT regime, contributing to improved recognition by international banking partners.
Banking Options Through Both Domestic and International Channels
Seychelles companies can establish accounts with local banks familiar with IBC requirements, or pursue relationships with institutions in Mauritius, Singapore, and other international centres.
Core Banking Features for Seychelles Companies
Foreign Currency Accounts in USD, EUR, and Other Currencies
Banks catering to Seychelles IBCs offer accounts denominated in major international currencies, enabling companies to invoice and settle payments without currency conversion overhead.
SWIFT Infrastructure for Global Transaction Processing
International transfers are facilitated through SWIFT channels, providing Seychelles entities with dependable connectivity to banking counterparts in all major financial centres.
Online Platforms for Remote Account Management
Internet banking services allow directors and authorised signatories to monitor balances, approve payments, and download statements from any location worldwide.
Competitive Fee Structures for International Companies
Banking costs in Seychelles and associated partner jurisdictions tend to be competitive relative to larger financial centres, making it a cost-effective option for smaller international enterprises.
Flexible Documentation Requirements for Account Setup
Banks familiar with Seychelles IBCs often maintain clear, standardised documentation checklists that simplify the application process, with several accepting remote submissions.
Why Expanship for Seychelles Bank Account Setup
Securing a corporate bank account for your Seychelles IBC requires meeting specific compliance and documentation standards set by the Financial Services Authority. We simplify this process, providing clear guidance at every stage of your banking application.
Seychelles Banking Expertise
Our team has direct experience with banking for Seychelles IBCs, understanding the requirements of the Financial Services Authority and the expectations of local institutions.
Proven Banking Network
We connect your Seychelles company with banking partners experienced in servicing international business companies from the Indian Ocean region.
Application Documents
Every document needed for your Seychelles IBC's banking application is prepared, organised, and reviewed to meet institutional requirements.
Smooth Application Path
Our methodology helps your Seychelles banking application avoid common bottlenecks, with proactive coordination at each stage of the process.
KYC & AML Ready
Your application is structured to clear the FSA's compliance expectations and meet international anti-money laundering standards without back-and-forth corrections.
Long-Term Support
We support your banking relationship beyond the initial opening — helping with compliance renewals, transaction queries, and ongoing account management.
Seychelles Corporate Banking Options
Compare banking options across established institutions and digital platforms to find the account structure that best supports your international business activities.
Seychelles Account Opening Pricing
Fixed pricing for professional bank account opening support. Start with a free digital banking setup or choose comprehensive access to all banking channels.
Digital Banking Package
Streamlined digital banking setup through a trusted provider
What You Get
- Setup assistance with one digital banking provider
This package is provided at no charge with our Seychelles incorporation packages
Unlimited Banking Package
What You Get
- Assistance with unlimited traditional banking institutions
- Assistance with unlimited digital banking providers
Banking Guidance
Personalised recommendations on banks suited to Seychelles IBCs based on your business activities and markets
Document Preparation
Thorough compilation and verification of all application documents to FSA and banking standards
Certified Document Services
Certified corporate records with international courier delivery arrangement as add-on
Bank Coordination
Facilitating communication and scheduling between your business and target banking institutions
Seychelles Bank Account Process
Open a corporate bank account for your Seychelles IBC with our guided, step-by-step workflow. We take care of the details while you concentrate on growing your business.
Explore banking options suited to your Seychelles IBC
We research and recommend banking partners familiar with Seychelles IBCs, matching your company's specific needs for services, currencies, and transaction capabilities.
Compile and verify all application materials
The required corporate certificates, identification documents, and completed application forms are gathered, certified, and packaged for a clean submission to the bank.
Address the bank's compliance and due diligence questions
During the bank's due diligence phase, we handle every query and document request, ensuring timely responses that support a smooth review process.
Receive the decision and onboard your account
After the bank issues its decision, we help you get your account up and running. Unsuccessful applications are promptly redirected to other suitable institutions.
Seychelles Banking Account Requirements
Essential documentation for opening a corporate bank account with a Seychelles IBC. We ensure your application meets the bank's acceptance criteria before submission.
Certificate of Incorporation
Incorporation certificate from the Seychelles Registrar of International Business Companies
Memorandum and Articles of Association
The IBC's constitutional documents defining its structure, purpose, and governance rules
Certificate of Good Standing
Recently issued certificate confirming the IBC's active and compliant status in Seychelles
Register of Directors
Current listing of all appointed directors maintained at the registered agent's office
Register of Members
Shareholder register reflecting the current ownership structure and beneficial owners
Economic Substance Filing
Substance documentation required under Seychelles' economic substance rules, where applicable
Passport Copies (Certified)
Certified copies of valid passports for each director of the Seychelles IBC
Address Proof
Utility bill, bank statement, or official letter showing the director's residential address, dated within 3 months
Professional Profile
Curriculum vitae summarising each director's career, expertise, and professional credentials
Bank or Professional Reference
Reference from a financial institution or qualified professional confirming the director's standing
Business Plan
Plan outlining the IBC's intended operations, revenue model, and target market segments
Financial Projections
Forecasts for the first 12 to 24 months covering expected income, costs, and net position
Projected Banking Activity
Estimated transaction volumes, payment flows, and currencies expected in the account
Source of Funds Evidence
Documentation demonstrating the legitimate origins of funds to be deposited
Counterparty and Market Information
Details of principal business partners, clients, and jurisdictions of operation
Frequently Asked Questions
Helpful answers to questions about opening and managing bank accounts for Seychelles international business companies
The account opening process generally takes 2 to 6 weeks from submission to activation. Timelines depend on document quality, the bank's compliance cycle, and the complexity of your company's ownership structure.
Many banks that work with Seychelles IBCs offer remote account opening through video identification and digital document submission. Some banks may request an initial in-person meeting depending on their internal policies.
Opening deposit requirements vary from $1,000 for basic business accounts to $100,000+ for premium products. We detail the deposit expectations for each banking option during the selection stage.
Yes, banks need evidence that your IBC has legitimate commercial activities. A business plan, sample contracts, invoices, or evidence of trading history are commonly requested as part of the application.
Yes, most banks require apostilled or legalised corporate documents and certified personal identification. We manage the full document preparation and authentication workflow.
Corporate documents should typically be dated within 6 months. Certificates of Good Standing usually need to be issued within 30 to 90 days. We check each bank's freshness requirements before compiling your application.
Most banks allow digital scans for preliminary review, but certified hard copies or originals are needed for final account approval. We advise on the documentation workflow from the beginning.
Seychelles corporate documents are issued in English, so this is rarely an issue. If any supporting documents are in another language, certified translations will be arranged as needed.
Banks expect disclosure of all individuals owning 25% or more. Passport copies, proof of address, and an ownership structure chart are typically required to trace beneficial ownership.
Seychelles has economic substance requirements for IBCs engaged in certain activities. Banks may request evidence of your company's substance filing as part of their due diligence process.
Yes, banks may restrict or decline accounts for sectors they perceive as higher risk, including cryptocurrency, gambling, or unregulated financial activities. We help match you with banks that suit your business.
Keep your IBC's corporate records and filings up to date, respond promptly to bank reviews and information requests, notify the bank of any ownership or director changes, and maintain compliance with substance and reporting requirements.
Common fees include monthly maintenance ($50–$500+), wire transfer charges ($15–$50+), minimum balance fees, and currency conversion charges. We provide detailed fee comparisons for each banking option.
Yes, most banks require minimum balances, typically between $5,000 and $500,000+ depending on the institution and account tier. Sub-minimum balances may result in additional charges.
Most banks provide business debit cards. Credit card availability depends on the company's financials and any guarantees offered. We share card options as part of the banking selection process.
Banks offer internet banking for balance monitoring, transfers, payment management, and statement downloads. Mobile apps are available at many institutions, enabling remote account management.
Account closures can occur for compliance, policy, or business reasons. Maintaining multiple banking relationships reduces risk. We can help you find a replacement account quickly if any relationship is terminated.
Get Seychelles Banking Guidance
Looking for support with Seychelles bank account opening, compliance documentation, or selecting the right financial partner? Let us guide you.
