Banking in Mauritius

When relocating to Mauritius there are a few things that you will want to get done in advance to ensure that your life on the island is smooth and without any delays. One of the first things you'll need is a bank account for your funds or even a home loan for your property.

Mauritius' banking sector is made up of sophisticated financial institutions that offer global banking services to a broad range of corporates and individuals. In addition to traditional banking facilities in a number of foreign currencies, they also offer card-based payment services, such as credit and debit cards, internet banking, and trade financing facilities. Furthermore, Mauritius is part of the IBAN numbering system, which may be convenient for individuals and companies transacting with European Banks.

Banks in Mauritius also offer institutional banking and wealth management services such as fund administration, custodial services, trusteeship, structured lending, international portfolio management, investment banking, private client activities, treasury, and specialized finance.

One of the banks that RE/MAX 24 works with closely and recommends to our clients is Absa Bank in Mauritius.

Absa Bank (Mauritius) Limited, also referred to as Absa Mauritius, is part of Absa Group Limited, a proudly pan-African organization based in Johannesburg, South Africa. It is one of Mauritius' oldest financial institutions which has been present on the island for more than 100 years now. A familiar name that invokes confidence.

"We work closely with our clients to understand what matters most to them. At the heart of this collaboration is a dedicated Relationship Manager who is in turn backed by a team of specialists to fast-track transactions and provide the best level of advice. Our aim is to make our clients' possibilities real and to help them get maximum value out of their endeavours.", Rozina Abia, Head of Branch Network and Sales, Absa Mauritius

Committed to finding solutions to uniquely local challenges with one main purpose: "bringing possibilities to life". Clients are at the core of every operations of Absa Mauritius and the team is known to always go the extra mile to find solutions to their most complex problems. Absa Mauritius offers their clients a range of retail, business, corporate and investment, and wealth management solutions as well as ensuring a positive impact in all the countries in which they operate. The bank has a large and active client portfolio and with 10 branches in Mauritius and 1 in Rodrigues.

"At Absa, we're constantly innovating to match our clients' evolving needs. In the current COVID-19 context, we are able to give them a unique multichannel experience, allowing them to pursue their financial activities with little to no interruption. Besides our mobile and online banking, we recently launched Abby, an AI-powered self-service facility available in all our branches and via WhatsApp." Felicia Twala, Senior Relationship Manager, Premier Banking, Absa Mauritius

As a truly African brand, inspired by the people they serve and determined to always be Brave, Passionate and Ready so that they can make our continent proud.

Contact us today for us to put you in touch with our consultant at Absa Mauritiusbank to get your account set up and ensure that all your requirements are taken care of.