African banking options for a foreign company (no travel) in 2023

pay fee by instalmentsbusiness setup without travelGuaranteed solutions

Since 2003, Healy Consultants Group PLC opens corporate bank accounts in every country on the planet, without travel.

African banking options for a foreign company (no travel)MozambiqueSouth AfricaKenyaZimbabweMoroccoGhanaMauritius
Our recommendation in order of preference1234567
Summary at a Glance
Does our Client needs to visit the BankNoNoNoNoNoNoNo
Bank account for a foreign company?YesYesYes1YesYesYes2Yes
Funds repatriation limits (currency controls)NoneSomeNoneManyNoneNoneNone
Initial deposit for a local currency corporate bank accountNoYesNoNoNoNoMUR 25,000
Initial deposit US$ corporate bank accountNoneNoneNoneUS$500NoneNoneUS$10,000
Initial deposit € corporate bank accountNoneNoneUS$10003NoneNoneUS$1003€10,000
Initial deposit for £ corporate bank accountNoneNoneUS$10004NoneNoneUS$1004None
How long to receive bank account number2 weeks4 weeks4 weeks3 weeks4 weeks4 weeks3 weeks
Dedicate relationship managerYesYesYesYesYesYesYes
Our rating of the bank’s customer serviceExcellentGoodGoodVery GoodGoodGoodGood
Internet banking availableYesYesYesYesYesYesYes
Us$ corporate cheque bookYesNoYesNoYesYesNo
Corporate ATM cardYesNoYesNoYesYesYes
Us$ Corporate Debit card (visa)YesYesYesNoNoYesYes
Local currency corporate debit card (visa)YesYesYesNoNoYesYes
Funds transfers transaction fees US$33301630423510
Internet banking
How long to receive password and login1 week2 weeks2 weeks1 week2 weeks2 weeks2 weeks
Daily online transaction limitNoneNoneNoneUS$10,0005NoneNoneNo
Can USD transactions be viewedYesYesYesYesYesYesYes
Online local currency payments to third partiesYesYesYesYesYesYesYes
On line USD payments to third parties allowedYesYesYesYesYesYesYes
Our rating of local currency internet bankingVery GoodGoodGoodVery GoodGoodGoodYes
Our rating of the USD internet banking facilityVery GoodGoodGoodVery GoodGoodGoodGood
Bank logistics
Your dedicated bank officer will beAngela AndelaMiss Samukelisiwe NtingaCarol Lamba ArinaMagumise TapiwaAmine BenmassaoudFrancis - Samuel GodwyllOliver Muller
Email instructions to banker allowed6YesYesYesYesYesYesYes
Fax instructions to banker allowedYesYesYesYesYesYesYes
Telephone instructions to banker allowedYesYesYesYesYesYesYes


  1. The foreign company must register with the Kenyan registrar of companies and obtain a certificate of compliance;
  2. The foreign company must register with the Ghanaian registrar of companies and appoint a local agent to act as a representative of the foreign company;
  3. Equivalent in €;
  4. Equivalent in £;
  5. The Client is however to observe the international anti money laundering regulations;
  6. The Client is to indicate on the application form, the mode of communication they will use when engaging the bank.

Contact us

For additional information on our banking services in Africa, please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon