Our customers can open current accounts in Rufiyaa as well as in major foreign currencies such as EUR, GBP and USD.
MCB Maldives offers both resident and non-resident current accounts. Minimum deposit to open an account: MVR 50,000/ USD 5,000
Companies
Company’s Documents:
- Company’s Certificate of Incorporation
- Company’s Memorandum of Association
- Article of Association (optional)
- Declaration of Compliance
- Particulars of registered Directors of the Company
- Registered office document
Others:
- Identity card or copy of passport for the Directors & signatories to the account
- Operating licence
- Latest audited financial report (if an existing business having operated for over 1 year)
- Company’s Board resolution for the account opening
- Bank reference for the directors/shareholders if not known to MCB Maldives
- Utility Bill
Partnerships
- Registration of business name
- Identity card or copy of passport for person(s) signing on the account
- Operating licence
- Partnership agreement
- Instruction letter for opening of account signed by all partners
- Bank reference for the partners/business if not known to the Bank or an existing business
- Confirmation of address by utility bill or other legitimate documents
Sole Traders
- Registration of business name
- Identity card or copy of passport of owner
- Confirmation of address by utility bill or other legitimate documents
- Operating licence
- Bank reference of owner/business if not known to the Bank or an existing business (or bank statement for the previous 6 months)