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Tariff of charges
Fixed Deposits:
Fixed Deposits
In Foreign Currencies
Applicable for minimum balance as follows:
USD | 10,000 | |||
Effective date: 07 March 2024 | ||||
Foreign Currency | Abbreviation | 3 months | 6 months | 12 months |
US Dollars* | USD | 0.505% | 0.571% | 0.599% |
Fixed deposit interest is calculated on a daily basis at applicable rate on deposit amount. Interests are then credited monthly, quarterly or at maturity as applicable.
Interest rates above are:
- Per annum.
- Fixed for the duration of the deposit.
Loans and advances
Base Lending Rate (BLR) & Key Rate (KR)
Base Lending Rate (BLR) Effective 17 April 2023 | 7.35% p.a. |
Bank of Mauritius Key Rate (KR) Effective 14 December 2022 | 4.50% p.a. |
Above rates are subject to fluctuation time to time.
Indicative exchange rates
Indicative exchange rates:
15 July 2024
Please note that below rates are applicable for amount less than Rs.800,000 or equivalent**
Country |
Country Code |
Buying T.T |
Buying D.D |
Selling T.T/ D.D |
|---|---|---|---|---|
Australia |
AUD1 |
30.80 | 30.75 | 32.34 |
Canada |
CAD1 |
33.30 | 33.14 | 34.96 |
China * |
CNY1 |
6.25 | 6.16 | 6.56 |
Denmark |
DKK1 |
6.64 | 6.63 | 6.97 |
EU |
EUR1 |
50.25 | 49.49 | 51.22 |
Hong Kong |
HKD1 |
5.83 | 5.77 | 6.12 |
India* |
INR1 |
0.54 | 0.54 | 0.57 |
Japan |
JPY100 |
28.84 | 28.56 | 30.13 |
New Zealand |
NZD1 |
27.70 | 27.44 | 29.09 |
Singapore |
SGD1 |
33.88 | 33.64 | 35.57 |
South Africa |
ZAR1 |
2.52 | 2.48 | 2.64 |
Switzerland |
CHF1 |
50.82 | 50.72 | 53.36 |
U.A.E |
AED1 |
12.41 | 12.30 | 12.97 |
U.S.A |
USD1 |
46.15 | 45.57 | 47.05 |
U.K |
GBP1 |
59.84 | 58.94 | 61.00 |
*No dealings in Buying rates
**Please contact the Bank for amounts ≥ Rs.800,000
Statement of Commitment to the FX Global Code
- The Hongkong and Shanghai Banking Corporation Limited has reviewed the FX Global CodeFX Global Code This link will open in a new window ("the Code") and is committed to conducting FX market activities in a manner consistent with the principles of the Code.
- The Code is a common set of guidelines that promote a robust, fair, liquid, open and transparent market underpinned by high ethical standards. More information is available on this linklink This link will open in a new window.
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