Account opening: 7-14 working days

Overview:

Headquartered in Port Louis, Mauritius, Bank One is a universal bank serving the four main segments namely consumer banking, corporate, private and international.

Bank One provides a wide range of banking products to its clients through a chain of 13 branches and a well-distributed ATM network across the island. The Bank also offers treasury services and has developed strong capabilities in e-commerce acquiring.

Bank One has as shareholders CIEL Finance Limited and I&M Holdings PLC with both entities owning sizeable banking operations in Madagascar, Kenya, Tanzania and Rwanda. Undeniably, it is one of the few banks in Mauritius to have a tangible presence in Africa and is strategically positioned to benefit from the local market insight and the vast market potential of the continent. It aims to offer the Mauritius advantage to clients looking to invest or establish a foothold in Africa.

Payment processing options:

MasterCard, Visa

Rates and Charges

• Bank may change its tariffs at any time thus please visit bank’s website or contact us in order to receive updates, on specific charges or fees please contact us or bank.
• Bank may additionally charge for any other supplementary services.
• Above listed fees or any other additional fees, charges or commissions that may be required by bank are not part of our professional fees for assistance of opening a bank account.

The bank offers range of services and products

• Personalised account service
• Savings & term deposits
• Elite current account without ledger fees & best in market rates on saving products
• Investment related information
• Multicurrency deposit accounts
• Specialized products and solutions
• Banking services for Trusts and Foundations

Requirements

Please provide us with the following documents:

Each Beneficial owner, shareholder, director, authorised signatory and secretary must provide

• Notarized copies of UBO and Director’s passports (not older than 3 months)
• Proof of address of UBO and Director/s, e.g. utility bill etc. (not older than 3 months)

Company

• Apostilled Certificate of Collation or set of corporate documents
• Apostilled Certificate of Incumbency (not older than 6 months)
• Apostilled Certificate of Good Standing (not older than 6 months)

If director or shareholder is a legal person (corporate officer)

A Bundle of certified and apostilled documents:

• Copy of corporate documents (Certificate of Incorporation, Articles of Association, etc.)
• Copy of company register (that must consist of Shareholders, Directors and Secretary)
• Certificate of Incumbency
• Certificate of Good Standing

N.B.

• Passport must have signature of holder and it must be identical to one in the application form.
• Please also ensure that photo is clear.
• If signature is located other than on the page where is photo and details of person, then please provide additional copy of that particular page.
• If documents are not in English language, then they must be accompanied by a notarized translation.
• Any shortcomings in application forms may cause delay affect the bank account opening time.