Seychelles Bank Account Package

Our company can assist you with bank introduction services for opening a corporate or personal bank account with Al Salam Bank Seychelles Limited.

Al Salam Bank Seychelles is a reputable financial institution that offers a range of banking services to both corporate and individual clients. With our assistance, you can navigate the account opening process smoothly and efficiently.

What does the Seychelles Bank Account Package include?

The Seychelles Bank Account Package includes the following services:

Belize Business Company (BC): We will incorporate a Belize BC and prepare all internal resolutions for the bank that confirm the appointment of directors, officers, and shareholders.

Full set of corporate documents: You will receive the following corporate documents the Certificate of Incorporation, Memorandum and Articles of Association, and a set of internal resolutions that confirm the appointment of the directors, officers and shareholders.

Assistance with opening a bank account in Seychelles: We will guide you through the process of opening a corporate bank account with Al Salam Bank Seychelles Limited. This includes providing you with all bank application forms, preparing all corporate documents according to the banks requirements, reviewing your application form and liaising with the bank on your behalf.

What personal documents are required for applying to the bank?

To apply for a bank account, all individuals appointed a position in the company and authorized signatories are required to provide the following personal due diligence documents:

Certified copy of your passport: Pages containing your photo, signature, and personal details.

Proof of Address: utility bill, bank statement, or credit card statement. No older than three months.

Reference Letter: This document may be from a bank or professional (lawyer or accountant) who has known you for a minimum of 2 years.

Is a personal visit to the bank required?

There is no requirement for a personal visit to the bank in order to open an account.

What type of currency accounts does the bank offer?

The bank offers the flexibility to open accounts in multiple currencies. You can choose to open an account in any of the following currencies:

  • United States Dollar (USD)
  • Euro (EUR)
  • British Pound (GBP)
  • Seychelles Rupee (SCR)

Having the option to open accounts in different currencies allows you to manage your funds in the currency that best suits your needs.

What are the initial deposit and minimum balance requirements?

The initial deposit requirement is US$25,000. To avoid incurring additional monthly fees, you should maintain this balance in the account at all times.

Does the bank offer online banking?

The bank does provide online banking services, which include the following features:

  • Access to account details, balances, and transaction history
  • Capability to initiate transfers, both locally and internationally

What type of Cards does the bank offer?

The bank provides both Debit and Credit Cards; however, certain restrictions apply.

How long does it take to open a bank account?

The process of opening a bank account typically takes around 4 weeks or longer, depending on the time required for the bank to verify and assess all the necessary documents.