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AfrAsia Bank Account Opening
AfrAsia Bank is a Private and Corporate Bank in Mauritius. It is one of the commercial banks licensed by the Bank of Mauritius, the country’s central bank and the nation’s banking regulator. Opening an AfrAsia Bank account is a seamless process, typically taking 7-14 working days, depending on the type of account and documentation provided.
Account opening: 7-14 working days
Overview:
AfrAsia Bank is a prominent financial services provider based in Mauritius, strategically positioned to serve clients in Southern, Central, and Eastern Africa. It plays a vital role in the region’s financial ecosystem, offering solutions tailored for individuals, businesses, and institutions. Opening an account with AfrAsia Bank provides access to a range of premium services and products, ensuring a superior banking experience.
As of June 2016, AfrAsia Bank had a total asset valuation of approximately US$2.6 billion, reflecting its financial stability and growing presence in the region. The bank, established in 2007 by Jamess Benoit (resigned as of 2016) and others, has built a reputation for reliability and innovation.
Headquartered in Mauritius, AfrAsia Bank operates subsidiaries and representative offices in Cape Town and Johannesburg, enhancing its accessibility and fostering cross-border trade. Its account opening process is designed to be client-friendly, accommodating both local and international customers.
Core Services and Philosophy:
AfrAsia Bank offers services including Private Banking, Personal Banking, Corporate & Investment Banking, Global Business Solutions, and Treasury. These services are tailored to meet diverse client needs. Its focus on the Africa-Asia trade corridor positions the bank as a leader in promoting economic ties between these regions.
Opening an AfrAsia Bank account is the first step towards leveraging its innovative solutions, whether for personal wealth management or corporate growth. AfrAsia Bank remains committed to bridging Africa and Asia through exceptional financial services.
Contact Us for more information
Comprehensive Guide to AfrAsia Bank Account Opening
Payment processing options
MasterCard, Visa
N.B.
- ▪ Bank may change its tariffs at any time thus please visit bank’s website or contact us in order to receive updates, on specific charges or fees please contact us or bank.
- ▪ Bank may additionally charge for any other supplementary services.
- ▪ Above listed fees or any other additional fees, charges or commissions that may be required by bank are not part of our professional fees for assistance of opening a bank account.
The bank offers range of services and products
- ▪ Personalised account service
- ▪ Savings & term deposits
- ▪ International wire transfers
- ▪ Treasury& Foreign Exchange services
- ▪ Card services
- ▪ Trading services
- ▪ Online Banking
Please provide us with the following documents
Each Beneficial owner, shareholder, director, authorised signatory and secretary must provide:
- ▪ Notarized copy of valid passport. (Please see N.B. below)
- ▪ A copy of proof of residential address (ex. Bank statement utility bill that is not older than 3 months)
- ▪ Optional: A notarized copy of Bank reference that is not older than 3 months)
- ▪ Optional: Power of Attorney (where applicable)
- ▪ Optional: CV
Company
A Bundle of certified and apostilled documents:
- ▪ Certificate of Incorporation
- ▪ Share Certificates
- ▪ Memorandum and Articles of Associations
- ▪ Documents that approves the designation of company’s directors and secretary (if applicable)
- ▪ Document address of the registered office
- ▪ Optional: Valid License (if applicable)
- ▪ Optional: Certificate of Good Standing if the company is more than 12 months’ old
- ▪ Optional: Certificate of Incumbency
If director or shareholder is a legal person (corporate officer)
A Bundle of certified and apostilled documents:
- ▪ Copy of corporate documents (Certificate of Incorporation, Articles of Association, etc.).
- ▪ Copy of company register (that must consist of Shareholders, Directors and Secretary).
- ▪ Certificate of Incumbency
- ▪ Certificate of Good Standing.
N.B.
- ▪ Passport must have signature of holder and it must be identical to one in the application form.
- ▪ Please also ensure that photo is clear.
- ▪ If signature is located other than on the page where is photo and details of person, then please provide additional copy of that particular page.
- ▪ If documents are not in English language, then they must be accompanied by a notarized translation.
- ▪ Any shortcomings in application forms may cause delay affect the bank account opening time.