Business people setting up a company in Malta would find the advantages of banking services imperative and helpful. Carry out your commercial activities in Malta with your corporate bank account.
A corporate bank account is usually set up once the company is registered in Malta. Deposit the share capital of the business in a company formation account of the service provider and from there, all company’s transactions are reflected in your bank statements.
Malta offers numerous benefits to individuals looking to open private or corporate bank accounts in the country. The major advantage of banking in Malta is the tax benefits that EU-based digital nomads, expats, and entrepreneurs find very attractive.
Additionally, opening a business bank account in Malta includes access to telephone, mobile and Internet banking services. Maximize favorable interest rates, no exchange control regulations, and an account in any currency you choose. The diverse banking industry provides clients a wide range of quality services, including trade and project finance, custodian banking, and specialist wealth management services.
The process of opening a bank account in Malta may vary according to your chosen bank. Service is based on a minimum charge, covering the first five hours and charging at an hourly rate for additional hours. Provision of the following documents is mandatory:
The duration of opening a corporate bank account in Malta, depends on the banks’ requirements. The bank account is opened after the verification of the required documents. When it is available, you may carry out bank activities even through online banking services.
We're ready to guide you in opening your corporate bank account in Malta. Let us talk about legally resolving banking litigation to the 2021 procedures.