Which bank is best for foreigner's needs?

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GuestPoster696Guest15 June 2015 08:48:16

214245

I need to open a bank account in Mauritius. I already have my residence permit.
Which bank has the easiest procedure of opening account for foreigners. Also provides card for online shopping, etc.
Need Advice urgently!

Ahuja A New member

Member since 15 June 2015

Ahuja ANew member15 June 2015 12:41:24

MCB

GuestPoster696 Guest

GuestPoster696Guest15 June 2015 14:07:59

214245

Hi...

All banks provide debit, credit and prepaid cards which you can use online...however many foreigners choose international banks like HSBC and Barclays for convenience.

Fireworks C Active member

Member since 10 March 2015

Fireworks CActive member16 June 2015 08:11:46

MCB is good. Charges may be high for the International banks.

Antish12 New member

Member since 05 December 2014

Antish12New member19 June 2015 11:20:34

Most foreigners choose Barclays...

iJulien ViP

Member since 05 January 2011

iJulienViP20 June 2015 13:20:10

1442

The question is mainly which banks do you also have back home? Eg. I'm French and when I go to France I withdraw money using my Mauritian card from an HSBC ATM, there's no transaction fee.

I didn't check with other international banks though.

As for online shopping, only issue I had with HSBC is they call me from time to time to confirm the transaction is legit. Not a big deal. Colleagues banking with MCB usually encounter issues with online payment.

arfness Member

Member since 19 December 2014

arfnessMember22 June 2015 09:57:05

I just opened my account with MCB. Quick and easy. Card + Internet banking set up on the spot. I haven't tried online shopping yet but opening was not a problem.

1. Passport
2. Work permit AND certificate.
3. Water/Electricity/Mauritius telecom bill
4. If the bill does not reflect your name/address, you need the ID & a letter stating you live with that person whos name it does reflect on.

iJulien ViP

Member since 05 January 2011

iJulienViP22 June 2015 15:36:23

1442

Personal account opening is pretty much the same everywhere with details mentioned by arfness

clintonjay Contributor

Member since 10 July 2014

clintonjayContributor22 June 2015 18:23:38

154

Most of the expats I know are banking with either Barclays or HSBC.
Read post #7 on this thread for requirements .

Rosiewestie Serial expat

Member since 16 May 2011

RosiewestieSerial expat24 June 2015 11:25:12

#10

593

We bank with Bank One and are very happy with the service we get
Although I have never tried to use the Visa card outside of Mauritius as we still use our UK bank account when in the UK but I am sure there would be problem

Allison.dunbar Member

Member since 28 June 2015

Allison.dunbarMember28 June 2015 17:59:30

#11

We have found MCB to be the best

Rosiewestie Serial expat

Member since 16 May 2011

RosiewestieSerial expat28 June 2015 19:06:34

#12

593

Rosiewestie wrote:
We bank with Bank One and are very happy with the service we get
Although I have never tried to use the Visa card outside of Mauritius as we still use our UK bank account when in the UK but I am sure there would be problem

Should read: But I am sure there would be No problem

GuestPoster696 Guest

GuestPoster696Guest06 July 2015 19:32:05

#13

214245

I use SBM they are also very good , I pay my bills through their system and can top up my mobiie phone at the ATM.

SabMuc Member

Member since 25 May 2014

SabMucMember07 July 2015 08:39:15

#14

I would like to open an account at MCB as I´m expat they require a statement form my bank at home (europe) .
has anybody an example/template to use what has to be written in this statement?

Fireworks C Active member

Member since 10 March 2015

Fireworks CActive member07 July 2015 10:38:25

#15

They in fact require a 'Bank Reference', certifying that you have satisfactorily maintained a bank account with a reputable bank for a specific period of time.

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