Open corporate bank account in Malta
Tetra Consultants assists our international clients with Malta corporate bank account opening. Over the years, we have established relationships with multiple reputable Maltese banks including HSBC Malta and FIM Bank. These banks come along with excellent internet banking facilities and multi-language customer service support. Our banking team is well versed with the respective boarding requirements and transaction fees of each bank.
Maltese banks usually do not require a face-to-face meeting before opening the corporate bank account. However in cases where the business activity is classified as high-risk, some banks may require our international clients to travel to Malta for an interview. In such cases, Tetra Consultants will propose alternative solutions such as video conference all instead. If it is still mandatory to travel to Malta, our banking team will accompany our clients to the bank meeting, ensuring smooth communication and swift bank account opening.
Alternatively, Tetra Consultants will open a multi-currency corporate bank account with reputable banks outside of Malta. For these banking options, clients are usually not required to travel and the banks provide internet banking services as well.
On average, Tetra Consultants will secure a corporate bank account for our clients’ newly established Maltese company within 4 weeks after company registration.
Depending on the risk level, Maltese banks may subject our clients to enhanced due diligence checks. For example, your company may be required to produce AML/CFT documents, risk management policies and appointment of a local anti money laundering compliance officer. Tetra Consultants is well versed with these requirements and will be able to assist our clients to meet them. In addition, our banking team prepares the required documents in advance so as to prevent engagement delay.
If our clients decide to open a multi-currency corporate bank account outside of Malta, Tetra Consultants will secure the same within 4 weeks as well. See this webpage to find out how Tetra Consultants manages to open each corporate bank account within stipulated deadlines.