Financial Data
Updated 17 Dec 2018


Mozambique

Related sections

Transactional requirements

Opening a Business Account:

Documentary requirements and general information

Foreign companies
  • Bank forms (Company, individual client, signature form, cheque convention and foreign currency)
  • Letter signed by the representatives requesting to open the account, mentioning currency, signatories and conditions of activity
  • Identification document of the account signatories (ID for Mozambican nationals, DIRE or diplomatic passport (for foreign residents), passport (for non-residents) – notarised copies
  • Board resolution appointing members of the Board that represent the company, and granting powers to the signatories of the account
  • Proxy for appointment of the legal representative in Mozambique
  • Articles of association or certificate of incorporation or certificate of registration in the country of origin
  • Certified copy of updated certificate of registration (validity within 3 months from the date of certification)
  • Certified copy of the branch license to operate in Mozambique (valid within 3 years or more)
  • Shareholding structure (organisation chart)
  • Articles of association or certificate of incorporation and certificate of registration of all shareholders that hold more than 20% of the share capital, and shareholders of such shareholders that hold more than 20% of the share capital. – If individual capacity, copy of passport with proof of address
  • Tax number evidence of the company and of account signatories
  • Evidence of address of the account signatories:
    • If resident – letter of the Administrative Authorities or home contact
    • If non-resident – proof of physical address; original or notarised copy of a utility bill, electricity or water, or other document evidencing the residential address
Note: If the original document is issued abroad, must be duly legalised by a commissioner of oaths, confirmed by Mozambican Embassy or Consulate in the country of origin and translated to Portuguese by a sworn translator.
Please note

All documents needs to either be originals or certified copies unless otherwise stated

Contact us

For further information or assistance, contact [email protected] or our in-country Banking Heads

In-country contact 
Business Banking Head: Collin Kaswilo
[email protected]
Tel no: +258 21 501 054
Address: Standard Bank Mozambique, Praça 25 de Junho no.1, Maputo

Mozambique-Brochure-Image

Rate It12345rating

Introducing the bank’s advice for new entrants to farming

Considering going into farming? Head of Agribusiness, Nico Groenewald gives top advice on common mistakes to avoid and how to overcome the barriers to entry in agribusiness.

Login to comment