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What are the Bank Deposit requirements in Malta?

In order for your bank deposit to be processed in a timely manner, please make sure you provide all information needed for the transfer. In Malta, deposits are made in Euros (EUR) and the following beneficiary and bank information is required:

To deposit money into your recipient’s Euro account, you’ll need to have their:

  • Bank name (deposits are available at all banks in Malta)
  • IBAN (country code “MT” followed by 29 alphanumeric characters)
  • BIC/SWIFT code (8 or 11 characters)
  • Full name as it appears on their bank account
  • Complete address, including the city and state
  • Phone number, including the city code

Please do not use any dashes or special characters while filling out this information.

Bank transfers to most major banks are deposited in 2-3 business days to the recipient's bank. However, each bank operates differently and may have additional rules and regulations regarding deposits that could add additional time before the transfer is completed. Please ask the recipient to check with their bank for more details.

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