One, through many
PROVIDING AFRICAN SOLUTIONS TO AFRICAN CHALLENGES
Africa is synonymous with opportunity, growth and challenges.
But to us, Africa means home. A home that we share with fellow Africans, a home whose boundaries are indiscernible to us.
The community is at the heart of every move we make, and our philosophy aligns with the ancestral African Ubuntu philosophy that spreads across the continent:
I am because we are.
We are proud. We are determined.
We are skilled. We are stronger, together.
We are one, through many.
bankone.mu
Bank One Limited
Bank One Limited
Trade Coverage
TRADE SERVICES
- SBLCs/guarantees: Bid bond, performance bond, surety/warranty bonds, escrow, arrangements, advance, payment/financial SBLCs/guarantees, retention payment SBLCs/guarantees and customs guarantee
- Trade import: Import Letter of Credit (LC), import financing under LC, import collections, open account, reissuance of LCs
- Trade export: LC advising, LC confirmation, bill purchase/discount/negotiation, document preparation
- Financial institutions: Bank-to-bank reimbursements and trade advances
SUPPLY CHAIN FINANCING
- Injecting liquidity to the corporate supply chain
- Enabling suppliers to accelerate cash flow, using the buyer’s credit risk
TRADE LOANS
- Import financing: Open account purchases and purchases supported by LCs
- Export financing: Open account financing, pre-shipment and post shipment financing
- Receivables financing/invoice discounting: Post shipment, domestic and cross border transactions
- Credit insured accounts receivables financing
COMMODITY TRADE FINANCE
- Financing of physical trade (purchase & sale) in commodities in the value chain, from production to processing to trade
- Appointing a Collateral Manager to monitor the storage and movement of commodities
Structured Solutions
- Advisory
- Structured trade and commodity finance
- Structured FI lending
Transaction Banking
PAYMENT SOLUTIONS
- Transactional and deposit accounts
- Multi-currency accounts
- Local and international payments
- Bulk and payroll payments
- Collections and inward remittance management
- Local and foreign currency
- Credit cards
- Internet and mobile banking
- FX transactions
LIQUIDITY MANAGEMENT
- Recurrent standing orders
- Direct debit services
- Sweeps
- MT940 statement
- Client funds management
Mauritius at a glance
- 2nd in Africa in the Global Innovation Index 2021
- Mauritius is an IFC with efficient tax regime
- Moody’s Country Rating: Baa3 (July 2022)
- Ease Of Doing Business: Mauritius ranks 1st in Africa and 13th Worldwide in the World Bank
- Ease of Doing Business Report 2020
- A robust and independent legal system with the Privy Council as the ultimate court of appeal
- Political Stability: Mauritius ranks 1st in Africa and 20th in the world in the Democracy Index 2021(The Economist Intelligence Unit)
- Good Governance: 1st in Africa in the Mo Ibrahim Index of African Governance
- Mauritius is a member of COMESA, SADC and AfCFTA
- Mauritius is moving towards a high-income economy (by 2023). The focus will be on biotechnology,
- Fintech, AI and RHQ for Africa
I WANT TO BE CONTACTED
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16, Sir William Newton Street
Port Louis, Mauritius
Tel: 230 202 9200
SWIFT CODE: BKONMUMU | BRN: C07040612
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