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Business Account

Our business account is simple to manage, and allows you to transact in the way that is most convenient for you, from traditional branch banking to using our electronic services.

How can you open a Business Account

Provisional Account

  • Letter from the client requesting to open an account
  • Letter from the client confirming the residential address of all the signatories on the account
  • Copies of Passport, DIRE, Diplomatic Passport, ID for Mozambican Nationals of all the signatories on the account
  • Project of the Articles of Association
  • Certificate of company name search
  • Power of attorney (when applicable)
  • Bank forms
  • passport photo of each signatory on the account
  • Utility Bill evidencing company’s residential address (TDM, TV Cabo, EDM)

Resident Account

  • Bank forms
  • Letter from the client requesting to open an account
  • Letter from the client confirming the residential address of all the signatories on the account
  • Articles of Association published on the Bulletin of the Republic (Official Gazette) or a notarised copy.
  • Certificate of Commercial Registry (Certificate of Incorporation) (validity within 6 months from the date of certification)
  • License to operate in Mozambique
  • Copies of Passport, DIRE, Diplomatic Passport, ID for Mozambican
  • Nationals of all the signatories on the account
  • Board Resolution granting power to the signatories of the account
  • Tax number
  • Power of Attorney if applicable
  • Utility Bill evidencing company’s residential address (TDM, TV Cabo, EDM)
  • passport photo of each signatory on the account

Events & Social Responsabilities

NOTICE: Prohibition of external receipts via SWIFT MT103 in national currency

Please note that the Bank of Mozambique has communicated on the 10th June 2020 all commercial banks to not process inward payments in local currency, as they must be remitted to Mozambique in foreign currency, despite the beneficiary account being in MZN or in foreign currency.

Standard Bank plays leading role in Mozambique LNG financing

Standard Bank is one of the leading financial services providers involved in the financing of up to US $15 billion for the Mozambique LNG project, led by the French multinational Total, in the Rovuma basin, whose financing documents, confirming access to the senior debt, were signed on Wednesday, July 15.