Free Offshore Bank Account Malta — Crypto News
About the Bank:
Mediterranean Bank p.l.c. was established in June 2004 and as of July 2005 became a fully licensed Maltese credit institution, regulated by the Malta Financial Services Authority (MFSA).
In July 2009, Mediterranean Bank was acquired by new shareholders — a fund managed by AnaCap Financial Partners LLP, a UK private equity firm, and was recapitalized.
Today, Mediterranean Bank p.l.c. is a specialist bank operating seven branch locations across Malta, and offering a range of market leading savings products, and wealth management and investment services.
The Bank offers amongst the highest interest rates on the market on fixed term deposit and savings accounts. Holders of the latter, aged 70 and under, also benefit from additional life insurance cover.
Options:
WHAT MEDITERRANEAN BANK OFFERS:
Personal and Business accounts
Full Internet banking services
Online FX platform
Liquidity Management Accounts
Investment Accounts
Accounts in all major currencies
The approximate timeframe for account allocation is 3 to 5 days after the original documents have been received by the bank.
Requirements:
REQUIREMENTS FOR PERSONAL ACCOUNT SET UP WITH MEDITERRANEAN BANK:
Personal presence is not required
No Minimum balance
Minimum initial deposit USD 500
DOCUMENTS REQUIRED:
Notarized copy of valid passport. The passport must be signed and signature must match the signature in the application form.The photograph must be clear and of good quality.
Original or notarized copy of utility bill / bank statement dated within 3 months as verification of residential address.
Original or notarized copy of Lawyer’s/Banker’s/Accountant’s reference letter dated within 3 months.
Personal CV
PLEASE NOTE:
Documents that are not in English must be accompanied by a certified translation.
Once all documentation is available please email electronic copies to our representative for review; incomplete or unexecuted forms can create delays in the account opening process.
Requirements (Corp):
REQUIREMENTS FOR CORPORATE ACCOUNT SET UP WITH MEDITERRANEAN BANK:
Personal presence is NOT required
No Minimum balance
Minimum initial deposit USD 500
DOCUMENTS REQUIRED:
For the Company:
A set of legalized company documents consisting of:
Certificate of Incorporation
Memorandum and Articles of Associations
Documents confirming the appointment of company directors and secretary (if any)
document confirming the location of the registered office
Share Certificate(s)
Certificate of Good Standing if the company is more than 12 months old
Copy of the Corporate Structure, identifying the ultimate beneficial owner(s)
Valid License (if applicable)
For each director, shareholder, secretary, authorised signatory and ultimate beneficial owner:
Notarized copy of valid passport.
The passport must be signed and signature must match the signature in the application form. The photograph must be clear and of good quality.
Original or notarized copy of utility bill / bank statement dated within 3 months as verification of residential address.
Original or notarized copy of Lawyer’s/Banker’s/Accountant’s reference letter, dated within 3 months
Power of Attorney (where applicable)
Personal CV
For each corporate officer (where the company directors or shareholders are legal entities), please provide:
A set of legalized company documents consisting of:
Copy of constitutional documents (Certificate of Incorporation, Articles, etc.).
Copy of Corporate Register (which shall include Register of Shareholders, Directors and Secretary).
Copy of the Corporate Structure.
Certificate of Good Standing.
PLEASE NOTE:
Documents that are not in English must be accompanied by a certified translation.
Once all documentation is available please email electronic copies to our representative for review; incomplete or unexecuted forms can create delays in the account opening process.
Howto?:
First you have to know the banks website: http://www.medbank.com.mt
How to open the account: The bank offers 4 different account types, you can choose one of them here: http://www.medbank.com.mt/sitecore/content/MaltaPublic/Web_Channel/Public_Site/Personal/Save/New_Customer.aspx
After you click on “Apply online” you will be taken to the account opening process.
After you returned the application forms with all necessary documents back to the bank, your account is set up after further 5–7 working days and you will get the access data by post delivered.
Your new Offshore bank account is from then on fully usable.
Important notes:
If the account opening documents provided are incomplete, unverified or are not clear they may have to request further information, documents or clarification from you before they can open your account.
As part of the process you will need to send personal information. It’s very important that you use real information. Don’t try to use questionable data. If you have some problem or a specific question the best is to contact them directly and let them know so they can help you.
For further questions regarding your account opening we ask you to contact the customer care center directly of the bank via:
E-Mail: info@medbank.com.mt
Phone: +356 2557 4400
Available Mon-Fri 8am to 6pm and Sat 8am to 1pm
Originally published at https://cryptonomad.info on July 4, 2019.
