The name and location of the bank with which you wish your corporate account to be opened.
Type of Account
Details of the type of account you require such as currency (e.g. Sterling or US Dollar,) and the type of account (e.g. current or deposit).
Description of Company Activities
A detailed description of your company's proposed trading activity, including:
Proof of Identity
- its geographical spread
- source of funds
- estimated number of transactions per month
- and, an estimate of annual turnover
To establish the identity and signature of directors, account signatories and beneficial owners you must provide a copy of a current valid full passport. Such copy must bear a photograph, a signature and the number and must be certified by:
In the case of Mauritius and Seychelles banks, a senior authorised officer of a reputable and recognised bank. In addition Seychelles banks require two passport photographs of each party.
The passport copy you send to us must be sent by mail or courier (not Fax) and it must bear the ORIGINAL signature of the person certifying the identity document; it must not be a copy.
Proof of Residential Address
To validate the home address of directors, account signatories and beneficial owners please provide one of the following, for each party:
In the case Mauritius and Seychelles banks - original recent (not older than three months) credit card statement or three original utility bills (telephone, electricity etc.) showing the residential address.
The Proof of Identity and the Proof of Residential address may be faxed to us but the originals must be sent to us by courier or mail.
Please contact us if you have difficulty in producing these documents or require details of the type of verification of identity and residential address required by other banks.
All the banks require original bank references from the personal bankers of the directors, account signatories and beneficial owners.
Please contact our Banking Department to obtain details of the precise wording required on these references.
Payment of Fees and Opening Deposits
Your settlement of a fee note or, alternatively, authorisation for us to debit your credit card with our account establishment fee of and, depending upon your choice of bank, an initial deposit of typically USD 1,000 or USD 2,000.
This deposit may be paid by wire transfer payable to OCRA Mauritius for onwards transfer to your account once it has been opened, to:
Barclays Bank Plc
75 Wall Street
Barclays Bank Plc
Mauritius Offshore Banking Unit
PO Box 1192
Sir William Newton Street
Account No: 280 3730 4495
OCRA (Mauritius) Limited
Account No: 7475021
Alternatively, you may wish to raise a cheque for this deposit, made payable to your company, and send it to us.