Opening a bank account without an Occupation Permit

FranglaiseMummy Contributor

Member since 03 August 2015

FranglaiseMummyContributor20 October 2015 16:33:08

143

Hi all,

Does anyone know what bank(s) allow you to have a bank account without an Occupation Permit? So far HSBC have said no, and I'm waiting for MCB to get back to me - I called but was told to email them (which I have now done).

Any information for anyone doing this recently would be a great help - just to clarify it's for the Occupation Permit in the self-employed section where you need to have $35,000 in a local bank account before applying for the OP.

Thanks :-)
Sophie

Nadeem ViP

Member since 18 November 2008

NadeemViP30 October 2015 09:07:33

1287

Yes, MCB allows it. In fact all bank should allow it since BOI request you to have a local bank account with the funds on it prior to applying for OP. Some banks have still not understood this point. A big punch on the table would help them...show them the official document from BOI stating this point...it has always worked for me.

FranglaiseMummy Contributor

Member since 03 August 2015

FranglaiseMummyContributor10 November 2015 11:22:15

143

Thanks. Just to confirm for anyone else wondering - MCB opened the account no problem without an Occupation Permit.

pnsmit New member

Member since 08 November 2015

pnsmitNew member11 November 2015 12:29:31

Hello Everyone,

We are visiting Mauritius in Jan 2016 to investigate moving to Mauritius on a Retirement Visa.
The question re the bank account, do one open a foreign exchange account or a savings/current account?
This Visa requires us to deposit $40000,00 per year for 3 years into our Mauritian bank account.
We are from South Africa and will deposit the amount equivalent in South African Rand.

Thanks in advance