Moving to Malta
Opening a Bank Account in Malta as a Foreigner: 2026 Guide
Malta's banks can be slow and documentation-heavy for new arrivals. This guide explains which banks are most accessible, what documents you need, and how to manage before your account is open.
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Malta’s main banks
| Bank | Character | Ease for new arrivals |
|---|---|---|
| HSBC Malta | International bank, wider brand recognition. English-language service throughout. | Moderate — formal onboarding process, 2–4 weeks |
| BOV (Bank of Valletta) | Malta's largest local bank. Most ATMs and branches. Full service. | Moderate — documentation-heavy, 2–4 weeks |
| APS Bank | Smaller local bank. Some expats find the process more flexible. | Moderate — worth trying if the others are slow |
| MeDirect | Digital-first bank. More focused on savings and investment products. | Easier process for some profiles |
Documents typically required
- Valid passport — all main ID pages, plus the biometric data page.
- Maltese residence permit — eResidence card, Single Permit, or other valid permit.
- Proof of address in Malta — registered lease (Housing Authority confirmation), utility bill in your name, or employer letter confirming your address.
- Employment contract or proof of income — recent payslips, or employer confirmation letter.
- Tax identification number — Maltese TIN or foreign equivalent (depending on the bank).
Use a digital bank for the transition period
Tips for a smoother application
- Make your appointment at a branch rather than walking in — some banks prefer this for account-opening queries.
- Bring certified translations of any documents that are not in English or Maltese.
- If your employer is Maltese, ask HR for a standard employer reference letter — most Maltese banks accept these.
- Some banks will not open an account until you have a registered lease. If you are staying in temporary accommodation, confirm with the bank whether a hotel or temporary address is acceptable.
Non-resident accounts
Non-resident accounts are technically available at some Maltese banks but are subject to more scrutiny and may have restrictions on the services available. If you are on a valid residence permit, applying as a resident is the standard path.
Online banking and mobile apps
Both BOV and HSBC Malta offer mobile apps and online banking. The apps are functional but not as polished as pure digital banks. BOV’s online banking is widely used for utility bill payments, which are commonly paid through the BOV eBanking platform in Malta.
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This guide is written from public sources and kept up to date where possible. MaltaPathway is an independent visitor guide and is not affiliated with any official body. Source policy, correction policy, and monetization disclosure live on the About and trust page.
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