Non-resident Malta Bank Accounts & Credit Cards at Malta Banks : CC Advocates : Malta offshore bank accounts

MALTA NON-RESIDENT BANK ACCOUNTS

FOR NON-RESIDENT INDIVIDUALS & FOREIGN/LOCAL COMPANIES

As intermediaries to the leading banks in Malta, we can introduce you to any Maltese bank and provide assistance with the opening of resident and non-resident offshore bank accounts in Malta. The larger banks in Malta provide sophisticated online banking services as well as conventional telephone support in a regulated and service oriented banking and financial services environment. The banking system follows the UK's established banking tradition and Malta boasts of banks that trace their historical origins to the beginning of banking in Europe. Banking law and regulation is in line with all European Union directives and banking personnel in Malta follow disciplined and market oriented service charters.

1. Benefits of banking in Malta

Generally, bank accounts in Malta enjoy the following facilities:

A choice of term, savings or current accounts;

Favourable interest rates;

Cheque book facility;

Credit card facilities in various currencies;

No tax or withholding tax on interests paid to non-resident account holders;

No exchange control regulations;

Bank accounts can be opened in all currencies.

2. Documents necessary for bank account opening:

Non-resident Individuals:

a banker's reference (in original)
a copy of your passport
a utility bill proving your address

Foreign Companies:

a banker's reference (in original) for each beneficial owner, each director of the company and each signatory to the bank account
a copy of the passport of each beneficial owner, each director of the company and each signatory to the bank account
a copy of the company's incorporation documents
a certificate of good standing for the company
a banker's reference for the company
a utility bill for each shareholder/director/signatory of the account

3. Our service

Using our knowledge of the local financial and banking environment, we can advise individuals or companies on the most appropriate bank according to the client's profile and requirements. As intermediaries to Maltese banks, we can assist with the preparation of due diligence documentation to facilitate client acceptance by the bank. We also assist with the preparation of bank account opening forms and documentation to expedite the opening of bank accounts and activation of internet banking access. Our banking services included bank account management, bank reconciliations, accounting and mail forwarding services.

Our bank account opening service includes the following:

advice re choice of bank in Malta
introduction to a bank of your choice
advice re due diligence documentation for client acceptance
opening of normal or offshore bank account in any denomination
applications for cheque books
applications for credit card facilities
applications for online banking facilities

Optional services:

bank account management
bank reconciliations and accounting
office address facilities
mail forwarding of all bank correspondence to your address of choice.

Malta virtual office facilities