You maybe not far off. I guess this is how the Malta government plans to grow its economy .BTW. As it stands, there may be no banking options for foreigners who moved themselves or their business to Malta at all. From what I'm reading, Satabank was the only one who opened accounts for foreigners?
How does this fit in with the thread title and the rest of the discussions here? please stick to topic or I will have to delete posts which is an annoying taskI'm currently (happly) using non maltese EMIs without any problem. As long I can receive/do SEPA transfers I'm fine. I also have some friends that could use German Handelsbank. If you want to operate in Malt as a foreigner, I recommend not using a Maltese bank. For my kind of business at least (IT-Consulting). There maybe other businesses where you are required to have a local bank account.
As you have to wade through lots of posts you probably missed that I was directly asked what I use instead of the Satabank. And how my answer is directly connected to the fact SataBank is closed right now:How does this fit in with the thread title and the rest of the discussions here? please stick to topic or I will have to delete posts which is an annoying task
Sorry to say so, NO it is not valid! Next time I will give warning points and delete posts! You can open a new thread and post about what you want to post there as long as it has relevance to the thread title and the topic itself, but not here.As you have to wade through lots of posts you probably missed that I was directly asked what I use instead of the Satabank. And how my answer is directly connected to the fact SataBank is closed right now:
For Maltese businesses there are not many options, and I listed TW and Revolut as "read to use and actually tested by myself" alternatives. The other Maltese Banks currently do not accept, or make it very painful to open accounts. So listing alternatives outside Malta that I tested by myself is a valid contribution to this thread.
No it is not, because on the Facebook group, some others guys say that they have not been contacted tooSatabank account holders being contacted for controlled release of funds
They say all private account holders with balance between 50$ and 15000€ had been contacted. Which is not true, I received nothing, no email, phone-call, ...
So right but ridiculous from themWell its exactly as a described below .
The joke with icard is that although satabank ownership is no longer with the Bulgarian mafia dude who owns icard it was owned by him just prior to this....lol. It's a bit like selling someone your car that is broken down and then calling the police on them when they refuse to move it from your driveway . It is totally unfair of them to disown any responsibility for satabank when they created the mess in the first place .
I have personal frozen account at Satabank.@Bmw850 Just to clarify again, are you waiting for passive funds held on Leopay account or funds that really were inflight via Satabank due to unlucky timing of your inbound/outbound SEPA transfer?
Again, passively held funds on Leopay have nothing to do with Satabank. Their storage bank changed (in April already?). This use of language suggests a fraudulent attempt at socializing the losses of Satabank to other accounts in their crooked group of companies.