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Open a Bank Account in Seychelles
$550.00
Seychelles is a popular offshore jurisdiction with one of the largest company formation markets worldwide. It is also one of the major financial centers in Africa.
Seychelles banks use the International Bank Account Number (IBAN) account format. Accounts can be opened in USD, EUR, and GBP, and there is no need to visit Seychelles to open the account. Our banking connection in Seychelles also offers internet banking and a Visa Debit Card (USD) for account holders.
Both individuals and companies are welcomed to open accounts. There is no restriction on nationality/country of incorporation other than jurisdictions that face international sanctions. This means that Seychelles International Business Companies and other offshore companies incorporated in other jurisdictions are eligible.
We can help you open business and personal accounts in Seychelles. Accounts are available for both Seychelles IBCs and other offshore companies. We invite you to carefully review the bank’s requirements and services to better understand if their banking services meet your needs.
Our banking support service is not just a mere introduction to the bank. We assist you in filling out the business questionnaires appropriately and help you understand and provide business details, commercial information and purpose/use of the bank account that a given bank wants to know in order to approve your account application. Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
Seychelles Bank (Al Salam Bank)
Account Details
| Eligibility | Seychelles IBCs and Foreign Companies (Including Offshore companies) |
| Account type and Currency | Corporate Current Account (USD, EUR, GBP) |
| Minimum Initial Deposit | USD 25,000.00 |
| Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | USD 25,000.00 |
| Online Banking | Internet Banking (Viewing Access) |
| Cards (Currency) | Visa Debit Card (USD)* |
| Other Services | – |
Remote opening: no personal visit to the Seychelles is required.
Account Details
| Eligibility | International Individuals |
| Account type and Currency | Corporate Current Account (USD, EUR, GBP) |
| Minimum Initial Deposit | USD 10,000.00 |
| Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | USD 10,000.00 |
| Online Banking | Internet Banking (Viewing Access) |
| Cards (Currency) | Visa Debit Card (USD)* |
| Other Services | – |
Remote opening: no personal visit to the Seychelles is required.
- Business Account
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Account Details
Eligibility Seychelles IBCs and Foreign Companies (Including Offshore companies) Account type and Currency Corporate Current Account (USD, EUR, GBP) Minimum Initial Deposit USD 25,000.00 Minimum Monthly Average Balance (To Avoid Fall-Below Fee) USD 25,000.00 Online Banking Internet Banking (Viewing Access) Cards (Currency) Visa Debit Card (USD)* Other Services – Remote opening: no personal visit to the Seychelles is required.
- Personal Account
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Account Details
Eligibility International Individuals Account type and Currency Corporate Current Account (USD, EUR, GBP) Minimum Initial Deposit USD 10,000.00 Minimum Monthly Average Balance (To Avoid Fall-Below Fee) USD 10,000.00 Online Banking Internet Banking (Viewing Access) Cards (Currency) Visa Debit Card (USD)* Other Services – Remote opening: no personal visit to the Seychelles is required.
Our banking support services include introductions to payment processors and merchant accounts to better support our e-commerce clients. Whether you just need standard credit card processing or specialized services for high-risk processing, we are happy to help you with introductions that can empower your business.
Bank Account opening requirements are subject to change at the discretion of the bank. There might be additional fees charged by the bank itself. Bank account opening is not guaranteed and is subject to the bank policies and compliance department. There might be restrictions on UBO nationalities, business activities and/or jurisdictions. A refund is guaranteed if the account is not successfully opened, but a 15% administrative fee applies.