Savings Account

0.02% - 0.25%
Twice a year
Interest paid

Good to know

Opening and managing the account is free of charge.
Available in EUR, GBP, USD, or AUD.
Interest rates are quoted gross of tax on a per annum basis.
No minimum deposit required.
Interest is paid twice a year on the last business day of June and December.
Interest is calculated on the daily cleared account balance and is compounded.
Money can be deposited and withdrawn at any time.
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.
Open Account

Have any questions
about saving with us?

How do I open an account?
You can open an account by visiting one of our branches. We will assist you with the account opening process, which consists of submitting an account application form, an official identification document (ID card or passport) as well as a proof of address (recent utility bill or bank statement). If you are unable to visit one of our branches, you can open an account online, by clicking on Become a Client.

You will need to select the account type (between Sole or Joint). After this you will proceed with filling in an application form. In the verification process you will be asked to choose between a passport or an ID card as your official identification document then you will need to take a selfie and upload. Once we have reviewed your application you will be notified by email.

If you already hold an account with MeDirect opening additional accounts is quick and easy. You will just need to Log In to your account, click on open an account and follow the steps indicated on screen.



Are there any fees to open and maintain an account?
No charges are applicable to open and maintain an account with MeDirect. For more information about fees please read our Tariffs & Charges Schedule for Banking Services
How can I deposit funds in my account?
You can deposit funds by instructing a bank transfer from an external bank account to your MeDirect account. We also accept cheques and bank drafts.