Service Notification

22 Jun 2021

Discontinuation of EUR 500 notes purchases/deposits

We wish to advise all our customers and the public in general that MCB Seychelles is no longer accepting purchases or deposits of EUR 500 banknotes.
In 2018, the Governing Council of the European Central Bank permanently stopped the production of EUR 500 banknote and to exclude it from the Europa series, citing concerns that this high value banknote could facilitate illicit activities. 
MCB Seychelles continues to accept EUR 10, 20, 50, 100 and 200 banknotes provided that they are in good condition. 
 
We thank you for your cooperation and understanding.
 
The Management
22 Apr 2022

Minimum balance fee for Foreign Currency Accounts

MCB Seychelles wishes to inform its customers and the public in general that the Bank is reinstating the Non-Compliance Fees on Foreign Currency Accounts as from 30th April 2022. For more information, click