Available in EUR and GBP.
No minimum deposit required.
Interest rates are quoted gross of tax on a per annum basis.
Interest is paid twice a year on the last business day of June and December, is calculated on the daily account balance and is compounded. Any interest rate change will be given with a prior notice equal to the notice period of the account.
A notice of withdrawal can be given at any time for the Me3 and Me6 account. The Me12 account requires that the account has been opened for three months prior to requesting a withdrawal.
The Bank and its products are regulated by the Malta Financial Services Authority.
Deposits are guaranteed up to €100,000 per depositor per credit institution under the Malta Financial Services Authority Depositor Compensation Scheme.