HSBC has two entities in Mauritius – a branch of The Hongkong and Shanghai Banking Corporation Limited and a local subsidiary, HSBC Bank (Mauritius) Limited.
It operates four retail branches which provide a range of consumer banking services from account opening, to mortgage, personal loans, credit card offerings with enhanced security features and instant payments via its digital platforms.
Through HSBC Bank (Mauritius) Limited, the local subsidiary offers global banking services which include:
Dedicated corporate account relationship managers tailor services to customer requirements in corporate facilities and funding, and short and longterm funding in local and foreign currencies.
One of the first banks to set up an Offshore Banking Unit in Mauritius in 1991, HSBC has grown to be one of the leading banks in the Mauritius Global Business sector. Its clients enjoy a comprehensive range of trade services, finance and facilities, catering particularly to the needs of Freeport, trade and global business companies operating from Mauritius.
HSBC’s financial products and solutions offered to meet the requirements of global investors include:
- Multi-currency accounts and deposits
- Foreign exchange and treasury services
- Funds transfers and remittances on HSBCnet with Face ID recognition
- E-banking and Instant payments
- Trade finance
- Multi-currency corporate lending
- Global Custody Business
- Green Finance
- Escrow Accounts