Consolidating your investment portfolio can save time and effort for investors by enabling them to better understand their overall position. Doing so with MeDirect provides the additional benefits of being able to track performance through our mobile app or online banking platform and the ability to buy and sell stocks, bonds, funds and ETFs seamlessly with low fees.
Investors who consolidate their assets with MeDirect by 30 June 2024 will also enjoy a cashback bonus of 0.50 per cent of the value of the securities being consolidated, up to a maximum of €500. Customers will have their bonus calculated on the value of their portfolio as at 31 July 2024, with the bonus being paid into customers’ accounts by 31 August 2024.
Consolidating assets to MeDirect is a straightforward process. Customers can access and complete an Asset Transfer Form and send it to MeDirect together with an updated statement of holdings. Alternatively, they can visit one of our branches in Sliema and Gozo to provide the relevant instructions. Once submitted, MeDirect’s team will handle the rest of the process and advise clients once the securities have been consolidated.
New clients can also benefit from this offer but would first need to become customers. MeDirect does not charge any fees for consolidating securities in and will also reimburse transfer-out fees charged by third parties, up to 0.5 per cent of the total value of the securities being transferred.
MeDirect offers investors access to over 2,500 equities trading in several stock markets in Europe and the United States as well as over 1,500 bonds, funds and ETFs. Customers can invest by themselves using MeDirect’s mobile application or internet banking platform or have their portfolio actively managed through MeManaged, a discretionary portfolio management service offered in partnership with BlackRock with a minimum investment of just €100. Alternatively, customers can make use of MeDirect’s advisory service, working directly with expert advisors to create a tailored investment strategy.
Ingrid Micallef, Head of Wealth at MeDirect, said, “Both new and existing customers can benefit from our €500 cashback bonus when consolidating their assets with MeDirect. As Malta’s first digital bank, we offer customers a range of options through our mobile app and online platform. These are tailored to the needs of our customers and their level of investing experience. By making things simple, MeDirect continues to democratise finance and provide all investors in Malta with access to the best tools and information to grow and protect their wealth.”
Further information on MeDirect’s investment services is available at https://www.medirect.com.mt/invest/. Information on the current promotion can be found here.
Promotion is for a limited time only. Terms and Conditions apply. MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of investment services under the Investment Services Act (Cap. 370).
