Hi AdminWelcome aboard
There are some threads about this bank already, see below:
There may even be more threads, hope it helps a little.
That's because the corporate service provider I'm using has a close relationship with the bank. I'm not too concerned about AEOI because tax avoidance is not my concern, stability and ease of use are my major concernsThat bank had fallen of my radar because PSP's have taken a lot of their business. What brings you to want to bank with them post AEOI? Why that bank?
Fees are not cheap compared to a PSP
https://www.abcbanking.mu/wp-conten...onal-Banking-Tariff-Guide-V6.8-01.02.18-1.pdf
That's because the corporate service provider I'm using has a close relationship with the bank. I'm not too concerned about AEOI because tax avoidance is not my concern, stability and ease of use are my major concerns
people may think that Mauritius is not going to report them!That bank had fallen of my radar because PSP's have taken a lot of their business. What brings you to want to bank with them post AEOI? Why that bank?
Fees are not cheap compared to a PSP
https://www.abcbanking.mu/wp-conten...onal-Banking-Tariff-Guide-V6.8-01.02.18-1.pdf
Singapore is actually one of my top choices for banking, but their initial deposit is too much at 30k USDIf your CSP recommends you bank in Africa then follow their advice. In 2018 there are cheaper and more efficient places to bank. No one is banging down the doors to open accounts there unless their doing business on the continent. Mauritius is a gateway for investment from Asia into Africa so that is the only reason you would really bank there.
btw unless your CSP has a close relationship with Compliance Department then ignore what they tell you as its meaningless in banking today. Trust me bankers can tell you anything but decide nothing...compliance department calls the shots.
to deposit 30K is much if you run a business! Does anyone of you trust the banks in Singapore?Singapore is actually one of my top choices for banking, but their initial deposit is too much at 30k USD
So my plan is to use ABC Bank for the time being, and open a corporate bank account when I have the extra money. Does that make sense?
Anyone here has experience using their service? Are they solid, will they freeze your fund without any reason, will they ask many questions upon incoming wire transfer etc?
They offer remote account opening and requires not too high initial deposit on their website.
Officially they do, but I heard that the % of successfully opened accounts for offshore companies is very low. Make sure to ask about refund policy in case you are rejected.I want to know latest good and bad abotu abc bank in Mauritius. Some of the agency services I have spoke with that have setup a Belize company told me that I would be able to bank with them.
Do you know if they accept Belize or Seychelles companies owned by foreigners?
It is an old thread you reopen to ask a question off topic! Please open a new thread with your question or I will have to close this thread and remove posts, that's annoyingWhich one could you suggest nowadays?
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