Overview
Bank of Valletta, at a glance.
Bank of Valletta is a bank headquartered in Malta, regulated by MFSA. Pricing is agreed with each client. Opening an account takes 3–5 days.
Bank of Valletta p.l.c. is a licensed bank in Malta. Eligible deposits are covered up to €100,000 by the Malta Depositor Compensation Scheme.
Why businesses pick Bank of Valletta
- Malta's largest bank, with branches across Malta and Gozo
- Accepts sole traders, partnerships, companies, trusts, foundations and associations
- Serves gaming companies, marketing affiliates, aviation, shipping and investment funds
- SEPA and SEPA Instant payments from €1, and free incoming euro payments up to €10,000
- A Visa debit card with no joining or yearly fee
Watch out for
- The company must already be incorporated, and every application is assessed case by case
- SEPA payments over €1,000 cost €4
- Non-SEPA payments cost €12 online and €30 at a branch, plus the foreign bank's charges
- Card payments in another currency cost 1.25%
- Accepted countries and prohibited industries are not published
- Trustpilot score of 2.2 from 17 reviews
Business fit
Will Bank of Valletta accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Bank of Valletta's published rules
Needs review
Bank of Valletta works with Everyday trading businesses, but does not publish the countries it accepts companies from.
Bank of Valletta does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Bank of Valletta publishes about the businesses it takes on.
Who Bank of Valletta serves
- Startups and SMEs
- iGaming
- Affiliate marketing
- Fund managers
All 9 industries on Bank of Valletta's accepted list
- Everyday trading businesses
- Gaming companies
- Marketing affiliates
- Aviation
- Shipping
- Investment funds and SICAVs
- Trusts
- Associations, charities and NGOs
- Corporate service providers
Not supported
Industries and countries Bank of Valletta does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Bank of Valletta?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
EUR and other currencies
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Limited liability companies, Sole traders, Commercial and civil partnerships, Trusts and foundations, Associations, clubs, charities and NGOs
Pricing
What does Bank of Valletta cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
Not published
Business Current Account
Custom
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SEPA | Free | No charge · Up to €10,000; €4 above |
| SWIFT / international | Free | No charge · Up to €5,000 into a euro account; €10 above or into another currency |
| Outgoing | ||
| SEPA | €1 | Fixed fee · Up to €1,000; €4 above |
| SEPA Instant | €1 | Fixed fee · Same charges as an ordinary SEPA payment |
| SWIFT / international | €12 | Fixed fee · Online, plus the foreign bank's charges; €30 at a branch |
Other fees
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | Free | No charge · BOV debit card; €5 to replace |
| Card FX | 1.25% | Percentage of the amount |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Bank of Valletta a bank?
Yes. Bank of Valletta p.l.c. is a licensed bank in Malta, supervised by the Malta Financial Services Authority. Eligible deposits are covered up to €100,000 by the Malta Depositor Compensation Scheme.
How much does a BOV business account cost?
BOV does not state a monthly maintenance charge in the account's fee document. SEPA payments cost €1 up to €1,000 and €4 above; non-SEPA payments cost €12 online.
Who can open a BOV business account?
Sole traders, partnerships, limited companies, trusts, foundations, associations and charities. The company must already be incorporated, and BOV assesses each application case by case.
Does BOV work with gaming companies?
Yes. BOV names gaming companies and marketing affiliates among the businesses it serves, along with aviation, shipping and investment funds.
Alternatives
How Bank of Valletta compares.
If Bank of Valletta is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Bank of VallettaThis pageBank |  | Business accountDeposit protection |
 Lidion BankBank | | iGaming-friendly10 currencies |
 FinXPE-money institution | | Dedicated EUR IBANHigh-risk industries |
 PayseraE-money institution |   | Low fees16 support languages |
 Revolut BusinessBank |  | Cards and spend controlsStartups and SMEs |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.