ABC Banking Corporation
As part of the ABC Group, the bank is well established in Mauritius and has a reputation for providing high quality services – Retail banking, Corporate Banking, Leasing, International Banking and Treasury Services – for businesses and individuals. ABC Banking offers a wide range of products and services including current accounts, savings accounts, term deposits, trade finance services such as bank guarantee, letter of credit, import & export loans, and collection document for import & export. It provides the clients with international debit MasterCard and Internet Banking services.
The bank offers an opportunity to open an account without visiting one of the offices.
|Country of registration:||Mauritius|
|Year of foundation:||1997|
|Languages supported:||English, French|
|Currencies supported:||Multi-currency account including USD, EUR, CHF, JPY, GBP.|
|Type of account:||Personal account and business account|
|Documents required for the account opening:||Personal account: certified copy of passport, proof of residence, bank reference letter from a reputable bank, and signed bank's forms. |
Business account: certified copies of corporate documents, certified copies of passports of all beneficiaries, proof of residence, latest financial statement or corporate profile, and signed bank's forms.
|Personal appearance of beneficiaries:||It is not required to visit the bank's office; all procedures are done remotely.|
|Restrictions on the account opening:||The bank cannot adopt the citizens of Iran, Iraq, Russia, and Ukraine.|
|Processing time of the account opening:||2-3 working days, with all required documents provided.|
|Minimum deposit required:||Not required|
|Minimum balance required:||5000 USD|
|Internet-banking:||Available (free of charge)|
|Debit / ATM cards:||Available (MasterCard); no maintenance fee, linked to MUR account, forex fee applicable.|
|Credit cards:||Not available|
|Fee charged by the Bank for account opening:||530 USD|
|Maintenance fee:||No charge|
|Charge for incoming funds:||Free of charge|
|Charge for outgoing funds:||USD 50|