Bank Index

MeDirect Bank (Malta) plc

Bank · TAS-SLIEMA, Malta · overall 5.2 / 10

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How this 5.2 is built

Average of 6 scored needs: 5.2. Regulation in Malta: 74/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

MEDIRECT BANK (MALTA) PLC is recorded in the global register as a bank in TAS-SLIEMA, Malta. The register names European Central Bank, list of monetary financial institutions as its regulator and shows the licence as licensed. Established 2004. Collected from open registers.

On its own website: “MeDirect Bank Malta provides access to banking and investment services through a market leading mobile app and online platform.”

Legal name
MEDIRECT BANK (MALTA) PLC
Regulated by
European Central Bank, list of monetary financial institutions
Licence confirmed
yes, on a regulator's own list
Established
2004
LEI
529900SYUCFQHI3JZQ05
Website
www.medirect.com.mt/

Scores, 0 to 10

6.0Europe (EU, EEA, Switzerland)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.