Banking in Mauritius

The banking sector in Mauritius is well-established, featuring local and international banks regulated by the Bank of Mauritius. These banks offer various services, including traditional retail banking, private banking, global portfolio management, Islamic banking, and specialized services such as treasury management and investment banking.

Mauritius is home to some of the world’s most reputable international banks, facilitating cross-border financial activities. Many banks provide online and mobile banking services, enabling customers to manage their accounts, make transfers, and conduct online transactions from their smartphones.

Savings Accounts

Non-residents can open savings accounts in Mauritius, allowing for regular transactions, withdrawals, and transfers. This offers expatriates an easy and efficient way to manage their finances while living abroad.

Current Accounts

Foreign residents can also open current accounts in Mauritian rupees or foreign currencies. Foreign currency accounts can only receive funds through local and international bank transfers.

Each bank may have different minimum deposit requirements, so it’s advisable to check the specific policies of your chosen bank.

List of Banks in Mauritius

Here’s a detailed list of some of the most reputable banks operating in Mauritius:

1. ABC Banking Corporation Ltd
   WEAL House, Place D’Armes, Port Louis
   Tel: +230 206 8000
   Website
2. Absa Bank (Mauritius) Limited
   Absa House, Cybercity, Ebene
   Tel: +230 402 1000
   Website
3. AfrAsia Bank Limited
   Bowen Square, Port Louis
   Tel: +230 208 5500
   Website
4. Bank of Baroda
   Sir William Newton Street, Port Louis
   Tel: +230 208 1504
   Website
5. Bank of China (Mauritius) Limited
   Le Caudan Waterfront, Port Louis
   Tel: +230 203 4878
   Website
6. Bank One Limited
   Sir William Newton Street, Port Louis
   Tel: +230 202 9200
   Website
7. BCP Bank (Mauritius) Limited
   Maeva Tower, Ebene
   Website
8. Habib Bank Limited
   Louis Pasteur Street, Port Louis
   Tel: +230 217 7600
   Website
9. HSBC Bank (Mauritius) Limited
   Cybercity, Ebene
   Tel: +230 403 8333
   Website
10. Investec Bank (Mauritius) Limited
    Le Caudan Waterfront, Port Louis
    Tel: +230 207 4000
    Website
11. MauBank Limited
    Cybercity, Ebene
    Tel: +230 405 9400
    Website
12. SBI (Mauritius) Ltd
    Ebene Cybercity
    Tel: +230 404 4900
    Website
13. SBM Bank (Mauritius) Limited
    State Bank Tower, Port Louis
    Tel: +230 202 1111
    Website
14. Standard Bank (Mauritius) Limited
    CyberCity, Ebene
    Tel: +230 402 5000
    Website
15. Standard Chartered Bank (Mauritius)
    Cybercity, Ebene
    Tel: +230 403 6500
    Website
16. The Mauritius Commercial Bank Limited
    Sir William Newton Street, Port Louis
    Tel: +230 202 5000
    Website
17. Warwyck Private Bank Limited
    Phoenix
    Tel: +230 698 2700
    Website

Mauritius’ banking sector offers a secure, reliable, and accessible financial system for locals and expatriates. With modern banking services and various account options, managing your finances on the island is convenient and efficient.

Disclaimer:

The information provided in this article is for general informational purposes only. While efforts have been made to ensure the accuracy and reliability of the information, Mauritius.com makes no guarantees as to its completeness or accuracy. Please consult directly with the respective banks for the most up-to-date information and policies.