Overview
MCB, at a glance.
MCB is a bank headquartered in Mauritius, regulated by Bank of Mauritius. Business accounts cost MUR 115 a month. Opening an account takes 3–5 days.
The Mauritius Commercial Bank Limited is a licensed bank in Mauritius, supervised by the Bank of Mauritius.
Why businesses pick MCB
- Online application for the Business Account in about 20 minutes
- Foreign-currency accounts in USD, GBP, EUR, ZAR and AUD, others on request
- A Global Business desk for international companies, funds and trusts
- Free instant transfers online; incoming SWIFT free into a foreign-currency account
- Visa and Mastercard business cards
Watch out for
- MUR 10,000 minimum opening amount
- SWIFT payments cost MUR 250 plus 0.15% online (USD 15 to 65)
- Foreign-currency accounts cost USD 11.50 a quarter
- Card payments in another currency cost 2.5%
- Accepted countries and prohibited industries are not published
Business fit
Will MCB 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 MCB's published rules
Needs review
MCB works with Startups and SMEs, but does not publish the countries it accepts companies from.
MCB 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
Who it works with
Accepted and not accepted.
What MCB publishes about the businesses it takes on.
Who MCB serves
- Startups and SMEs
- Fund managers
- Holding companies
- Import and export
Not supported
Industries and countries MCB does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use MCB?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
MUR, USD, GBP, EUR, ZAR and AUD
- EUR
- USD
- GBP
- AUD
- MUR
- ZAR
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Private and public companies, Partnerships, Global Business companies, Trusts, foundations and associations
Pricing
What does MCB 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
MUR 3.833–115
depends on plan
Business Account
MUR 115 per month
MUR 0 setup · MUR 1,380 in year one
Foreign currency account
Lowest cost$3.833 per month
$0 setup · $46 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | MUR 100 | Fixed fee · Free when credited to a foreign-currency account |
| Outgoing | ||
| SWIFT / international | 0.15%, min $15 | Percentage, with a minimum charge · Online, plus MUR 250; maximum USD 65 |
| To another MCB account | Free | No charge · Instant and standard transfers online |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Card FX | 2.5% | Percentage of the amount |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is MCB a bank?
Yes. The Mauritius Commercial Bank Limited is a licensed bank in Mauritius, supervised by the Bank of Mauritius.
How much does an MCB Business Account cost?
MUR 115 a month including VAT, with a MUR 10,000 minimum opening amount for a current account. Foreign-currency accounts cost USD 11.50 a quarter. SWIFT payments cost MUR 250 plus 0.15% online (USD 15 to 65).
Can a foreign company bank with MCB?
Yes, through MCB Global Business, which serves Global Business companies, funds, trusts and foundations. The SME Business Account is applied for online.
Which currencies does MCB offer?
MUR, USD, GBP, EUR, ZAR and AUD, with other currencies on request.
Alternatives
How MCB compares.
If MCB is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 MCBThis pageBank |  | MauritiusGlobal Business |
 Bank OneBank | | International banking17 currencies |
 AfrAsia BankBank |   | Global BusinessNon-residents |
 Caye International BankInternational bank |  | Offshore bankingNon-residents accepted |
 Wise BusinessE-money institution |   | Low FX costsStandard businesses |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.