Foreign Currency Account
Whether you live in Mauritius or elsewhere, our Foreign Currency Account is ideal if you deal regularly in foreign currencies and want to reduce the risk and expense involved in exchanging currencies.
Choose your currency
The MCB Foreign Currency Account is available in major currencies:
Great Britain Pound Sterling (GBP), United States Dollar (USD), Euro (EUR), Swiss Franc (CHF), Australian Dollar (AUD) and South African Rand (ZAR). We can also consider opening accounts in other currencies upon request.
A rewarding initiative
Earn interest on the daily threshold credit balance. The interest rate fluctuates with the International Money Market and applies to a minimum balance.
| Minimum balance generating interest |
|---|
| GBP | USD | EUR | CHF | AUD | ZAR |
|---|
| 2,000 | 2,000 | 2,000 | 7,500 | 7,500 | 20,000 |
Practical benefits
Your Foreign Currency is easily accessible and offers you a wealth of practical options to simplify your life.
- Sole or joint account
- Transfer of funds can be ensued to other accounts maintained in Mauritius or abroad
- Withdrawals in local or foreign currency
- Standing order for your recurrent payments
- Free Internet Banking to access your account and transact online
- Free Mobile Banking to monitor your account via your smart phone
- Overdraft facilities under specific circumstances
| Minimum deposit to open an account |
|---|
| GBP | USD | EUR | CHF | AUD | ZAR |
|---|
| 500 | 1,000 | 1,000 | 1,500 | 1,000 | 3,000 |