Do Business
Corporate Banking Set-Up in Mozambique
We prepare your bank file, introduce you to the right institution and get accounts opened with the currency structure your operation actually needs.
Foreign exchange reality
Mozambique operates exchange control. Inbound capital must be registered with the Banco de Moçambique to support later dividend repatriation or loan repayment, and outbound payments require supporting documentation.
Why applications stall
Incomplete beneficial ownership disclosure, unlegalised parent company documents and unclear source of funds are the three reasons account openings fail. We resolve them before submission.
Frequently asked questions
Can we hold US dollars or rand?
Foreign currency accounts are available to companies, subject to bank policy and exchange control rules on conversions and payments.
Must a director attend in person?
Most banks require at least one signatory to attend for identity verification, though some accept notarised alternatives for group subsidiaries.
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More in Do Business
Company Registration
We register your Mozambican entity end to end, from name reservation to a filed, published and licensed company ready to trade.
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NUIT & Tax Registration
The NUIT is the key that unlocks banking, invoicing, payroll and imports. We register your company and expatriate staff and set up your filing calendar.
Read moreLicensing & Permits
Trading legally requires more than a registration certificate. We map every licence your activity needs and manage the applications.
Read moreNot sure where to start?
Tell us what you are trying to do in Mozambique and we will point you to the right service — or tell you honestly if we are not the right fit.