Corporate Account

Account related feesCorporate Account
Account Opening € 200.00
Monthly account maintenance € 20.00
Annual service renewal fee FREE
Annual dormant account fee € 20.00
Account closure € 20.00
Blocked amount  € 200.00
Monthly account statement in e-mail € 2.00
Monthly fee for e-mail notification service FREE
Account statement generated online by customer € 1.00
Issue of financial certificate (Local and Foreign currency) inclusive of VAT € 20.00
Transfer certificate € 2.00
Transaction notification in SMS (per SMS) € 0.10
Transaction notification in E-mail (monthly fee) FREE
External transfer fee from EUR account in Euros € 3.50
External transfer fee from non-EUR account* in account currency € 9.00
Incoming wire fees FREE
Internal transfer between client's own accounts FREE
Internal transfer between M+C clients FREE
Currency conversion cost (transactions in currencies other than the account settlement currency) 1.95%
Internet Access Code (IAC) replacement FREE
User password reactivation (after 3 unsuccessful login attempts) € 2.00
Charge if the beneficiary's account (and IBAN) are incorrect € 30.00 + Foreign Bank Charges
Annual fee FREE
Data modification fee (e.g. directors and authorised persons personal data)  FREE
Manual transfer modification / Cancellation / Investigation fee € 25.00

*Fee equivalent in the currency of the non-euro account. 

Card related fees (general)Corporate Card
Card issuance (first card) FREE
Continuity fee (monthly) € 1.00
Balance inquiry € 1.00
PIN change € 2.00
Card stoppage € 10.00
Card chargeback investigation fee € 25.00
Card delivery fee (with international courier) € 30.00
 Card used in EUR transactions 
ATM cash withdrawal € 2.00 + 0.25%
POS cash withdrawal € 2.00 + 0.25%
POS purchase FREE
Declined transaction € 0.10
Credit adjustment FREE
Online transaction FREE
SMS service fee (per transaction) € 0.10
Repurchase FREE
Card used in non EUR transactions 
ATM cash withdrawal non EUR € 2.00 + 0.25% +1.5% FX conversion
POS cash withdrawal non EUR € 2.00 + 0.25% +1.5% FX conversion
POS purchase non EUR 1.5% FX conversion
Repurchase non EUR 1.5% FX conversion
Credit adjustment FREE
Debit adjustment FREE
Additional Mastercard 
Additional bank card issuance fee € 7.00
Additional bank card monthly fee  FREE
Card Renewal - Replacement 
Renewal € 10.00
Replacement € 10.00
Replacement outside Malta - 
card sent with Express delivery
€ 100.00
Day Limits - EUR 
Cash withdrawal ATM € 2,000 or EUR equivalent
Cash withdrawal POS - cash back € 2,000 or EUR equivalent
Purchase Value - POS or online € 2,000 or EUR equivalent
Maximum transactions - ATM x5 (capped at daily limit)
Maximum transactions - POS or online x5 (capped at daily limit)
  

Card product Mastercard Debit Card - Subject to application and approval. Terms & Conditions apply. Fees subject to change.

Mastercard Debit Card attached to Corporate Account based in EURO, non EURO transactions subject to FX (foreign exchange) conversion.

 Terminology
Contactless - transaction non CHIP & PIN
POS - Point of Sale