Opening a Corporate Bank Account in Mozambique
The corporate bank account is usually the final step of incorporation — and where most companies get stuck for want of a single document.
Banks typically require the commercial registry certificate, published articles, corporate NUIT, trading licence, ID and NUIT of shareholders and managers, proof of address and the management appointment minutes.
KYC procedures cover beneficial ownership, source of funds and, for foreign shareholders, certified and sometimes apostilled documents.
We assemble the full banking file, point you to the banks with the fastest onboarding for your profile and follow through to account and online banking activation.
Per-bank checklist
Specific requirements confirmed before the appointment.
KYC file
Beneficial ownership and source of funds documented.
Foreign shareholders
Support with certification, translation and apostille.
Follow-through
We track the process until the account is live.
Frequently Asked Questions
Must I be in Mozambique to open the account?
Most banks require the legal representative to attend in person, even if all preparation is done remotely.
How long does it take?
With a complete file, usually from a few days to two weeks, depending on the bank and risk profile.
Can I open a foreign currency account?
Yes, subject to authorisation and applicable exchange control rules, particularly for exporters.