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Tariff of charges
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) | 6.85% p.a. |
Bank of Mauritius Key Rate (KR) | 4.00% p.a. |
Above rates are subject to fluctuation time to time.
Indicative exchange rates
Indicative exchange rates:
20 January 2025
Please note that below rates are applicable for amount less than Rs.800,000 or equivalent**
Country |
Country Code |
Buying |
Selling |
|---|---|---|---|
Australia |
AUD1 |
28.37 | 29.79 |
Canada |
CAD1 |
31.59 | 33.17 |
China * |
CNY1 |
6.23 | 6.54 |
Denmark |
DKK1 |
6.30 | 6.62 |
EU |
EUR1 |
47.55 | 48.88 |
Hong Kong |
HKD1 |
5.86 | 6.16 |
India* |
INR1 |
0.53 | 0.55 |
Japan |
JPY100 |
29.37 | 30.69 |
New Zealand |
NZD1 |
25.62 | 26.90 |
Singapore |
SGD1 |
33.44 | 35.11 |
South Africa |
ZAR1 |
2.44 | 2.56 |
Switzerland |
CHF1 |
50.00 | 52.50 |
U.A.E |
AED1 |
12.45 | 13.01 |
U.S.A |
USD1 |
46.30 | 47.19 |
U.K |
GBP1 |
56.21 | 57.89 |
*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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