We are pleased to announce the launch of our new Local Instant Transfer service. Using the Mauritius Central Automated Switch (MauCAS), which is owned and operated by the Bank of Mauritius, this feature enables secure and instant transferring of money to any local bank connected to the MauCAS hub on 24/7 basis, including public holidays.
The service is accessible via our Internet Banking platform under the ‘Funds Transfer’ section and is charged at MUR 25 per transaction. The Local Instant Transfer service allows any MUR Current/Savings account holder to make instant fund transfer, with a cap of MUR 100,000 on each transaction.