SBM
Terms and Conditions for Account Opening and Operations
08/31/2020
en
The SBM Current Account comes with multiple features that suit your everyday banking needs:
- Cheque Book Facility for ease of transactions
- Free e-statement service
- Free Business Debit Card
- Internet Banking facilities for secure transactions and salary payments
- Standing Orders and Direct Debit payment services
- Overdraft Facilities (terms and conditions apply).
- Initial deposit as low as MUR 10,000
Visit the nearest SBM Branch, bringing along the following documents:
- Business Registration Card
- Trade License (where applicable)
- Business permit (where applicable)
- Certificate of Incorporation (in case of companies)
- National Identity Card of Directors, Authorised Signatories and shareholders ( in case of shareholding of 20% and more)
- Proof of address of (utility bill less than 3 months old) of Directors, Authorised Signatories and shareholders (in case of shareholding of 20% and more)
The Bank may require further documents depending on your application.