Opening an account with us

Opening an account with us

As a bank registered and licensed in Seychelles under the Financial Institutions Act, we are required under the Anti-Money Laundering laws to follow a process called Customer Due Diligence (CDD), formerly known as Know Your Customer (KYC), to prevent the Bank from being used by criminals for money laundering or terrorist financing activities.  


The ultimate aim of CDD is to protect our legitimate, law-abiding customers. All information that will be collected from you during the account opening process shall remain confidential and will not be disclosed to any third party except as provided by the law e.g. in the case of criminal investigations or when ordered by a court of law.

When we undertake CDD, you can rest assured that your bank takes its duties under the Anti-Money Laundering laws very seriously and that it has your best interest at heart. By having the most up to date information about you, we may be able to prevent your account(s) from being taken over by fraudsters and/or used for fraudulent transactions. 


Checklist of documents to be provided by all account holders and authorised signatories


Proof of identity: Confirmation of Name, Date of birth and Nationality



  • Valid Seychelles National Identity Card
  • Valid Seychelles Passport
  • Birth certificate (Additional for minor account)




Resident Only

  • Valid Seychelles National Identity Card

Any of the following Valid Immigration status documents:

  • Gainful Occupation Permit
  • Dependent permit
  • Resident permit
  • Permanent resident permit
  • Exemption permit


Proof of address: Confirmation of Residential Address


Any of the following documents dating less than 3 months:

  • Utility Bill (Telephone/Electricity/Water bills)
  • Bank statement
  • Tenancy Agreement
  • Notarised affidavit prepared by third party
  • Other document which establish physical address beyond reasonable doubt


Other supporting documentation: References & tax information


  • Reportable US Customer: Completed Foreign Account Tax Compliance Act (FATCA) Form W9 or Form W-Ben8 as applicable
  • Reportable Common Reporting Standards (CRS) Customer: Completed CRS Form
  • Reportable Seychelles Revenue (SRC) Customer: Tax Information Number (TIN) details


Other information


  • Politically Exposed Person (PEP) status
  • Source of wealth
  • Source of revenue
  • Expected volume and type of activity to be conducted on accounts