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Bank Accounts
Please direct your enquiry to igp@ebusinessmalta.com
Banking in Malta is very practical and any number of accounts can be opened in any currency with major international banks in Malta be it term, saving, or current accounts including the issue of VISA or Master credit cards. An undertaking is required to be signed to confirm applicants' obligations under The Prevention of Money Laundering Act, 1994 and this prior to the opening of a bank account. Banks can also pay in bank notes if given prior notice. We generally use Bank of Valletta plc, HSBC Bank Malta plc and Sparkasse Bank Malta plc, however other alternatives are available. Through our network of correspondents and associates, which gives us a global presence, we can assist clients to also establish Corporate Bank Accounts or Personal Bank Accounts outside Malta. Clients utilising our services to open an offshore bank account are generally not required to visit personally the bank where the account will be opened. Further and if required, we can also assist in the application and the subsequent (hard copy) statement administration.
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