How to Open a Bank Account in Mauritius

Opening a local bank account is essential for anyone planning to live or invest in Mauritius. Here’s how to do it step by step.

Types of Accounts

• Current Account: For everyday transactions
• Foreign Currency Account: USD, EUR, GBP accounts for international transactions
• Savings & Fixed Deposits: Earn interest in MUR or foreign currencies

Top Banks in Mauritius

• MCB (Mauritius Commercial Bank)
• SBM (State Bank of Mauritius)
• Absa, MauBank, ABC Banking Corporation

Documents Required

• Valid passport
• Proof of residence in Mauritius (utility bill or tenancy agreement)
• Residence permit or application in progress
• Proof of income or source of funds

Opening Timeline

• Typically 5–10 working days
• Some banks allow pre-application before arrival

Online Banking & Mobile Apps Most banks offer modern digital banking solutions with multi-currency options, mobile transfers, and secure online portals.