Wealth International

Personal

Personal
SME and Business
Corporate and international

Internet banking

Internet banking
Wealth

Internet banking
Absa Access

Absa Access

Our services

International pioneers

We have built a solid reputation in accompanying international large corporates into Africa and beyond since 1989.

A strong financial hub

We benefit from the country’s offshore jurisdiction, political and financial stability to for our global clients.

Bespoke investment

Grow your assets with our investment specialists who will provide in-depth analysis that lets you achieve high returns while limiting risk .

Valuable insight

You will be supported by a team of skilled experts dedicated to provide a seamless experience across all markets.

Transactional account
Our unique proposition offers you a holistic solution

A dedicated Wealth Banker supported by a team of experts

A cheque account

A credit card

An overdraft

A dedicated concierge service

Visa Infinite cardholder benefits

Access to our world-class 24/7 contact centre

Find the feeling of excellence in a full-packaged solution made up of a host of benefits

Access to our digital channels

‘NotifyMe’ SMS notifications of activity on your Wealth Account

Free cash withdrawals with your debit card at any other banks’ ATMs

Free, unlimited access to over 800 lounges globally for both you and a guest

10 free Take-me-Home trips per year
Visa Infinite Credit Card
Special features of an Infinity Credit Card

Concierge services offers a 24-hour personal assistant who is available to make restaurant, hotel, car rental, event or tourist activity bookings, and to provide information on local services, business hours and locations

Visa Luxury Hotel Collection gives you the best available rate guaranteed to over 900 intriguing and prestigious properties

Access to Agoda.com means you can get the best hotels and premium benefits from the top global hotel booking site

Access to Avis President’s Club loyalty programme which gives you up to 35% discount on standard rates and up to 30% off international leisure rates

A 30% discount on meet and assist services with additional benefits such as limo transfer, visa on arrival, baggage porters, etc

Benefits of a Visa Infinity Credit Card

Extended warranty for up to 24 months

Purchase protection for one year with no excess

Collision damage waiver (reimbursement to the car rental company)

Multi-trip insurance that covers your partner, child and/or parents and in-laws, aged under 85 years

Emergency medical expenses & repatriation benefits of up to US$2,5 million

Global customer assistance service available 24/7, 365 days a year, from anywhere in the world

Emergency cash disbursement of up to US$5 000

Emergency card replacement is available within 24 hours, both locally and internationally

Explore the benefits of our Current Account, Savings Account and Fixed Deposit Account

Available in USD, EUR, GBP, AUD, ZAR and MUR
Free Visa debit card limited to USD, EUR and GBP with a daily withdrawal limit of USD2,500 or equivalent
Free subscription for online and mobile banking
Dedicated relationship manager at your service
Assistance through our Service Centre (open 24/7)

Explore the benefits of our financing solutions

Home loans for residential properties that are designed to suit individual and family loans, and offers the possibility to buy back your existing loan with a competitive rate
Equity release is a tailored facility against the value of your existing property to finance any personal life-enhancing project of your choice
Security loans in the form of cash cover loan, bank guarantees and a variety of investment products
An overdraft facility to support day-to-day requirements

Explore the benefits of our financing solutions

Grow your assets with the help of our investment specialists
Asset classes are selected and indexed after in-depth analysis, which maximises the potential of achieving high returns while limiting downside risks.
Choose from a variety of structured bespoke investment products.

Access multiple markets with a holistic suite of products providing leading-edge custody related solutions

Safekeeping of listed securities across more than 80 markets including the local market
Settlement of trades
Client reporting
Corporate actions management
AGM and proxy voting solutions
Cash services: FX and repatriation
Client support for all post trading activities

Manage your wealth on-the-go

Log into internet banking and bank effortlessly anywhere, anytime. You can manage your accounts, transfer money (inter-account, Absa to Absa and international), secure local and international payments, apply for private offshore accounts digitally and access a range of products such as deposits and investments. You can also manage debit cards, OTPs, and limits, view account activities, download statements and receive travel notices.

More ways we can help you

Digital onboarding
24/7 assistance
Call us on +230 404 1800 or email us on abmuwealth@absa.africa

Our round the clock contact centre is available outside of normal working hours to help you with:

Account balance enquiries

Debit card activation, blocking and unblocking

Standing order and direct debit enquiries

Internet banking assistance

Estatement assistance

Traveling overseas

See tariff guide

Schedule	Tariff
Relationship
Monthly relationship service fee	USD 15
Minimum average account balance
USD10 per month will be levied if the aggregate balance of the average monthly balance across all accounts is less than USD 10,000.	USD 10
Dormant account
Annual dormant account fee - applied per account (in case no transaction on account during previous 12 months)	USD 10
Abandoned funds
Abandoned funds fee - applied per account (in case the balance on the account must be transferred to the Bank of Mauritius as abandoned funds after having remained unclaimed for 7 years)	USD 25
Account statement
Electronic statement (at agreed frequency)	Free of charge
Interim statement (whether paper or electronic)	USD 7 per sheet
Duplicate statement (whether paper or electronic)	USD 7 per sheet
Transmission charge
By express courier service	USD 50 per item
By registered mail	USD 7 per item
Outward remittances A) Manual transfer
Manual transfer	(I) 0.15% of payment value; (II) Min USD 40, Max USD 85
Manual transfer to third party account within Wealth International	Free of charge
Manual transfer between customer's own foreign currency accounts	Free of charge
SWIFT investigation/ amendment	USD 10 + correspondent bank charge
Banker's draft	USD 25
Stop payment and cancellation of draft	USD 25
Payment recall	USD 25
Copy of swift payment advice	First copy is free of charge. USD 5 for additional copy
B) Electronic transfer via Internet Banking
Electronic transfer (excluding correspondent charges)	(I) 0.125% of the payment value; (II) Min USD 30 and Max USD 75
Electronic charges to third party accounts within Wealth International	Free of charge
Electronic transfer between customer's own foreign currency accounts.	Free of charge
Cards
Issuing of debit card and renewal after expiry.	Free of charge
Replacement card	USD 30
Withdrawal from any ATM where Visa Cards are accepted	USD 5
Visa Debit Card or card PIN delivery via express courier service	Free of charge
Overdraft charges
Overdraft charges	LIBOR⁄Prime Lending Rate + 8% per annum and USD 50 per month
Other services
Certificate of interest	USD 15
Letter of reference	USD 15
Audit letters⁄reports	USD 15
Notes on application of fees and charges:
1. Fees and charges indicated in USD will be applied on USD account if any, otherwise on other currency account after conversion. 2. In case indicated fees and charges are applied on other currency account, exchange rate prevailing on day of application of the fees and charges will be used for conversion.