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How does a MeMax Savings Account work?

The MeMax Savings Account is an interest-bearing account which gives you instant access to your money. Interest is paid monthly and compounded into your MeMax Savings Account.

You can deposit up to €2,000 during each calendar month, up to a maximum account balance of €50,000.

Deposits can be made at one go or through multiple transfers throughout the month up to the stipulated €2,000 deposit limit. Once the €2,000 deposit limit is reached during that particular calendar month, no further deposits will be allowed until the new month.

You can withdraw funds from your MeMax Savings Account whenever you want. There is no limit on the amount which can be withdrawn provided the account is sufficiently funded.

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We strive to ensure a streamlined account opening process, via a structured and clear set of requirements and personalised assistance during the initial communication stages. If you are interested in opening a corporate account with MeDirect, please complete an Account Opening Information Questionnaire and send it to corporate@medirect.com.mt.

For a comprehensive list of documentation required to open a corporate account please contact us by email at corporate@medirect.com.mt or by phone on (+356) 2557 4444.