Regulatory Alerts2013-02-24
Circular CN-BSS/2013/01: Banking Hours
The Monetary Authority of Mauritius mandates that all commercial banks provide public banking services from 0830 to 1400 hours starting 1 July 2013. This requirement establishes a minimum operating window, though institutions are permitted to extend their hours beyond this timeframe. The directive officially supersedes the previous circular CN-CBSS/2009/11 issued on 26 April 2009.
Circular no: CN-CBSS/2013/01
24th February 2013
To: All Commercial Banks
Dear Sirs,
Re: Banking Hours
Beginning 1st July 2013 all commercial banks are required to provide banking services to the public during MMA’s banking hours, i.e.; 0830 to 1400 hours, at a minimum. Please note that banks are welcome to extend banking services beyond these hours.
This circular supersedes MMA’s circular no. CN-CBSS/2009/11 dated 26th April 2009.
Yours sincerely,
[Signature]
Mariyam Najeela Senior Manager In charge of Banking Supervision Division