01 March 2016

Mauritius Commercial Bank (MCB) : Global Business - Minimum Balance Fee

As from 1st April 2016, customers operating within the Global Business sector, including, inter alia, companies holding a Category 1 or 2 Global Business Licence, Trusts, Foundations, Foreign Companies, and Protected Cell Companies are required to maintain a minimum account balance of USD 50,000 or equivalent per customer per month.

Should their account or aggregated accounts display on a monthly basis, a minimum average credit balance of less than USD 50,000 or equivalent, an administration fee in lieu of minimum balance of USD 50 or equivalent per month shall be applied by the bank.

Global Business Rates & Fees

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