Open A bank Account in Madagascar
Dear provider
I willing to open a bank account in Madagascar as a foreigner for my export business purpose. So need to how can I open a bank account
I am in Sri Lanka, the following need to clarify
I will be visit to Madagascar
And I will be doing business as a agent buying materials from my client and exporting to other country
So kindly access how can I open a account
Do I need to come for Madagascar
And what is the procedure of doing
Thanks聽 聽Ravindra
@udenihas聽 I don't have the full answer, but I'm going to suggest that it could be complicated. I think you'll have to establish that you have a company in Madagascar, especially if you want to hold currency in something other than Ariary. There are also banks, like the Commercial Bank of Mauritius, that have branches in Antananarivo. I can't imagine trying to open an account and be in business here without visiting in person. You will want to consider the tax implications of the decisions you make.
