Hello all,
Hello all,
Hi,
I had to deal with banks recently and highly doubt about this statement:
"the maximum processing time for opening a bank account will be a week."
Which banks are concerned?
Hello JoffreyC
This measure was announced by the Minister of Finance in the 2022 - 2023 budget speech.
67. The Bank of Mauritius will ensure that a bank account can be opened within 1 week, be it for an individual or a business.
Source p26 : https://budgetmof.govmu.org/documents/2 … nglish.pdf
It has probably not been implemented yet. At this time, we know very little about this measure.
Regards,
Bhavna
@JoffreyC
Which bank were you dealing with?
I got my account opened with ABSA in about 3 days.
One day to submit the online application, then another day for them to review it and finally a branch visit on the third day to activate my account.
MCB has long waiting times for an appointment, especially at the busier branches.
@zurtle : I'd been dealing with MCB, Absa and HSBC, just wanted to get some information and an appointment before opening a business (and maybe a personal account).
Every time: very hard to get an appointment, they could not answer the questions correctly.
But I guess, it depends if you have connections or not.
@JoffreyC
Go to MCB at Cascavelle, flic en flaz
@JoffreyC
I had zero connections but I can only give advice for a personal account.
I opened one savings and one current/checking account.
The entire process was online.
I'd suggest you go onto Absa's website and choose the digibank option and fill out the online account form.
You can also then choose your appointment slot there. I got mine done at the Quatre Bornes branch
It might be easier for you to open a business account once you already have a regular individual account with them
MCB at Cascavelle had a 2 week waiting time just to get an appointment so I'd avoid that.
@iboganee @zurtle : Thank you! I'll follow your advices. I'd been to MCB Floréal, OMG! What a waste of time and energy.