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Foreign Currency Account

The Foreign Currency Account at MauBank is designed for individuals and businesses looking to save and transact in international currencies. Whether you receive income in foreign currency, travel frequently, or need to manage international payments, this account provides flexibility, security, and convenience.

Key Features & Benefits of the Foreign Currency Account

Bank on the go with MauBank Current Account — smart, secure, and tailored for you.

Multi-Currency Savings
Save and transact in EUR, GBP, and USD, offering flexibility for international transactions.
Minimum Initial Deposit
Open an account with 2,000 units of your chosen currency, making it accessible for individuals and businesses managing foreign funds.
No Monthly Service Charges
Enjoy a fee-free savings account with no hidden maintenance costs, allowing you to maximise your savings.
International Accessibility
Easily manage foreign transactions for both business and personal needs, ensuring seamless financial operations across borders.
Linked Visa Contactless Debit Card
Make secure international payments and withdrawals at ATMs and merchants worldwide, providing financial convenience wherever you go.
Online & Mobile Banking
Monitor your account balance, transfer funds, and manage transactions securely from anywhere using MauBank’s digital banking services.
Trade Finance Access
Facilitate global trade transactions and foreign currency transfers, supporting businesses with international financial requirements.
Direct Debit & Standing Orders
Automate recurring payments, bill settlements, and transfers, ensuring efficient financial management without manual intervention.
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  • Important Information About Foreign Currency Accounts
  • Minimum initial deposit (2,000 units – (EUR, GBP, USD))
  • Minimum amount to earn interest (No interest is paid currently, however, certain foreign currency accounts may attract negative interest rates)
  • No Interest on Deposits – Currently, no interest is paid on foreign currency deposits.
  • Possible Negative Interest Rates – Certain foreign currency accounts may attract negative interest rates, subject to market conditions.

Check with a MauBank representative for the latest updates on interest rates and applicable fees.

 

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