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Corporate Accounts

HSBC Accounts and Deposits

Corporate Accounts

What is it?

Seeking to deposit your money? We are right here to help you. We offer an array of deposit accounts in local and foreign currencies to assist you. Our product range provides you with flexibility to manage your funds as well as maximise on your returns where there are excess funds.

You can also have online access to your accounts from any part of the world through HSBCnet. Using this platform, you are completely free to manage/transfer your funds from one account to another.

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Benefits and Features

  • Free to manage your own flows in order to maximize your returns
  • Interest bearing accounts, except current accounts
  • Dedicated corporate counters for your deposits
  • Deposits can be effected at ATMs and Drop-In Boxes

 

Current Account

A current account provides flexibility to withdraw your funds at any time, whether at ATMs or at our dedicated corporate counters. Moreover we offer you cheque book facilities

  • Convenient cheque book access
  • Customized cheque books
  • Deposit books
  • Easy online access and control through our internet platform HSBCNet
  • Auto-sweep facilities to maximize on interest earnings

 

Call Deposit

Your Call Deposit Account comes at the right point in time to give you both the flexibility to withdraw your funds at any time as well as providing you with interest streams on balances kept in your account.

  • Earns interest
  • Available in local and foreign currencies
  • Funds available at call
  • Easy online access and control through our internet platform HSBCNet

 

Term Deposit

A Time Deposit Account is perfect when your company wants to maximise its return of surplus funds. You will benefit from

  • A choice of tenors and attractive interest rates
  • Available in major foreign currencies
  • Interest can be paid monthly, quarterly or at maturity
  • Locked- in maturity profiles
  • Locked-in interest rates
  • Guaranteed income stream

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Eligibility

  • You are a locally incorporated business
  • You are a soletrader

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Documents Required

  • Completed account opening form
  • Completed Signature Cards
  • Completed Mandate form
  • Board Resolution
  • Certificate of Incorporation
  • Constitution/Memorandum and Articles of Association/Partnership Deed/ Society Deed
  • Bank Reference Letters
  • KYC documents
  • Business Plan

 



For more information, please contact

Mr Dean LAM
Head of Corporate Banking
6th Floor, HSBC Centre
18 Cybercity
Ebene
Tel: (230) 403 8340
Fax: (230) 403 8300
Mobile: (230) 422 5619
Email: dean.lam@hsbc.co.mu

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