Seychelles has a well-established and financially sound banking environment that offers a diverse range of products and services.

All commercial banks are regulated and supervised by the Central Bank of Seychelles, [www.cbs.sc].

There are six domestic banks and two non-bank financial institutions, which provide flexible financing for business and projects.

1. Domestic Banks

A broad range of account products are available, including current (chequebook) accounts, savings accounts, call deposits, and fixed deposits. Foreign currency accounts are available for qualifying clients. The commercial banking sector provides twenty-four hour banking facilities through Automated Teller Machines (ATM). All major international credit cards are widely accepted throughout the country and may be used at the ATMs.

The following banks are established in the Seychelles:
• Barclays Bank (Seychelles) Ltd
• Mauritius Comercial Bank (Seychelles) Ltd
• Habib Bank Ltd
• Seychelles International Mercantile Banking Corporation Ltd (S.I.M.B.C) - Nouvobanq
• Bank of Baroda
• Seychelles Savings Bank Ltd

2. Non-Banking Financial Institutions
In addition to the above banks, there are other financial institutions, which offer a range of financial services to investors. These are:
• Development Bank of Seychelles
• Seychelles Credit Union

The Bank Contacts section lists the contact details of the above banking facilities.

3. Offshore Banking

Non-domestic banking in Seychelles is regulated by the Central Bank of Seychelles and is administered under the Financial Institutions Act 2004 to cater for the offshore as well as the domestic banking. The Act makes provision for the licensing of offshore banks and incorporates the necessary flexibility to encourage growth in that sector. It also features full confidentiality with regards to information of its clients with the exception of criminal investigation cases.
In Seychelles, there are two banks that have been granted an Offshore Banking License by the Central Bank of Seychelles, the Barclays Bank (Seychelles) Ltd and BMI Offshore Bank (BMIO).