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Provider profile

Bank One

International corporate account

Mauritian bank whose International Banking arm opens corporate accounts in USD, EUR, GBP and 14 other currencies for Global Business companies, authorised companies, foreign companies, funds and trusts, through an online application portal.

  • Mauritius
  • Bank
  • Business account
  • Mauritius
  • International banking

Regulated by

  • Bank of Mauritius · Mauritius
Provider type
Bank
IBAN
Not published
Payment rails
SWIFT, Mauritian transfers
Cards
Mastercard business credit and platinum debit cards
Safeguarding
Not published
Non-residents
Accepted
International Banking serves foreign companies
Remote opening
Not published
Support languages
Not published
Support channels
Phone

Overview

Bank One, at a glance.

Bank One is a bank headquartered in Mauritius, regulated by Bank of Mauritius. Business accounts cost USD 25 a month. Opening an account takes 3–5 days.

Bank One Limited is a licensed bank in Mauritius, supervised by the Bank of Mauritius.

Why businesses pick Bank One

  • Built for Global Business, authorised and foreign companies, funds and trusts
  • Accounts in USD, EUR, GBP and 14 more currencies
  • Online application portal; documents can be certified abroad
  • Free incoming SWIFT payments, credited in full
  • A relationship manager and a 24/7 contact centre

Watch out for

  • USD 25 a month below a USD 25,000 average balance, plus USD 50 every six months
  • SWIFT payments cost 0.125% online (USD 30 to 65)
  • Card payments in another currency cost 3%
  • Accepted countries and prohibited industries are not published

Business fit

Will Bank One accept your business?

Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.

Based on Bank One's published rules

Needs review

Bank One works with Fund managers, but does not publish the countries it accepts companies from.

Bank One does not publish a minimum company age or turnover, so those two answers are not checked here.

This is one provider. Your profile checks all of them.

  • Every provider that fits your business
  • The reason behind each match
  • Company age and turnover checked too
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Who it works with

Accepted and not accepted.

What Bank One publishes about the businesses it takes on.

Who Bank One serves

  • Fund managers
  • Holding companies
  • Financial institutions
  • Import and export

Not supported

Industries and countries Bank One does not accept, from its own published lists.

Industries

  • Not published

Countries

  • Not published

Coverage

Where can you use Bank One?

Coverage is a starting point. It does not confirm that every business in these markets is eligible.

Supported currencies

17 currencies

  • EUR
  • USD
  • GBP
  • CHF
  • CAD
  • AUD
  • JPY
  • AED
  • CNY
  • HKD
  • INR
  • KES
  • MGA
  • MUR
  • NZD
  • SGD
  • ZAR

Payment reach

Not published

Who can apply

Company incorporation countries

Not published

Owner nationality

Not published

Owner residency

Not published

Company types

Global Business companies (GBC), Authorised companies, Foreign companies, Funds, Trusts

Pricing

What does Bank One cost?

Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.

Account cost

Opening fee

Free

Monthly fee

$25

  • International corporate account

    $25 per month

    $0 setup · $300 in year one

Transaction fees

Transaction fees
CostListed amountHow it is charged
Incoming
SWIFT / internationalFreeNo charge · Full credit; overseas bank charges excluded
Outgoing
SWIFT / international0.125%, min $30Percentage, with a minimum charge · Online; maximum USD 65; manual 0.25% (USD 50 to 150)

Other fees

Cards

Cards
CostListed amountHow it is charged
Physical card issue$25Fixed fee · Platinum debit card; business credit card USD 99 a year
Card FX3%Percentage of the amount

Onboarding

From application to live account.

Opening an account typically takes three to five business days.

  1. 1

    Apply

    Start the application online or through the sales team.

  2. 2

    Company and people

    Give the company's registration details, directors and owners.

  3. 3

    Checks

    Upload the documents requested and complete identity verification.

  4. 4

    Account live

    Once approved, the account is opened and you receive its details.

Documents you need

Not published

FAQ

Your questions, answered.

Is Bank One a bank?

Yes. Bank One Limited is a licensed bank in Mauritius, supervised by the Bank of Mauritius.

Who can open a Bank One International account?

Global Business Category 1 and 2 companies, authorised companies, foreign companies, funds and trusts, through the corporate account opening portal.

How much does Bank One International cost?

USD 25 a month unless the average balance across accounts is USD 25,000 or more, plus a ledger fee of USD 50 every six months. SWIFT payments cost 0.125% online (USD 30 to 65); incoming SWIFT payments are free.

Which currencies does Bank One offer?

USD, EUR, GBP, MUR, CNY, CAD, AUD, HKD, INR, JPY, KES, MGA, NZD, SGD, ZAR, CHF and AED.

Alternatives

How Bank One compares.

If Bank One is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.

Bank One and similar providers
ProviderLicensed inKnown for
Bank OneThis pageBankMauritiusInternational banking
MCBBankGlobal BusinessOnline application
AfrAsia BankBankGlobal BusinessNon-residents
Caye International BankInternational bankOffshore bankingNon-residents accepted
Wise BusinessE-money institutionLow FX costsStandard businesses

Not sure which one fits? Your profile ranks them for your business, with the reason behind each.

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Already decided on Bank One? Open a Bank One account

  1. 1

    Describe your business once

    Country, industry, owners and what you need. One profile, saved, instead of a new form for every provider.

  2. 2

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    Your matches, each with the reason behind it, so you know who would turn you down before you apply.

  3. 3

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