Seychelles Offshore Bank Account

seychelles offshore banking

Learn about the Seychelles banking system and view details on opening a Seychelles offshore bank account by reading the information provided below. You will find details on the governing body, and you can see the operating financial institutions. 

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The Seychelles Banking System

Since its creation in 1978, the Seychelles Monetary Authority and, as of 1983 its successor the Central Bank of Seychelles (CBS), have undergone various stages of adaptation with the aim of turning it into a modern and efficient institution, equipped to discharge its responsibilities with professionalism and efficiency. The CBS Act, 2004 provides for the Bank to operate as an autonomous institution, reinforcing its status as the authority responsible for all monetary issues in the country and caters for the further development of the financial sector within the new economic environment. The main objectives of the Central Bank are:

a) to promote price stability;

b) to maintain a sound financial system.

The CBS also advises the Government on banking, monetary and financial matters and in particular on the monetary implications of proposed fiscal policies or operations of the Government.

Financial Institutions Operating

The commercial banking sector is presently made up of the following:

  • Barclays Bank (Seychelles) Ltd.
  • BMI Bank
  • Mauritius Commercial Bank (Seychelles) Ltd.
  • Bank of Baroda.
  • Habib Bank Limited.
  • Seychelles International Mercantile Banking Corporation (SIMBC) trading under the name “Nouvobanq”.
  • Seychelles Savings Bank.

To learn more about Seychelles offshore banking and bank account opening in one of our available jurisdictions, Contact Us.