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Can my Malta company start with a payment institution instead of a bank?

Last updated: Oct 21, 2026, 17:46 (UTC+08:00)

Often, yes. Many owners open an account with an EU payment or e-money institution first, because onboarding tends to be faster, and add a Maltese bank once the business has a track record. Each institution decides on its own terms, and we tell you which fit your activity.

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