FCM Bank is a Maltese bank specialising in savings and fixed term deposit products. FCM Bank focuses on delivering simple, straightforward and good-value products. FCM Bank operates online and has only one brick-and-mortar branch which allows the bank keep the costs low and pass on the savings to the customers.
Becoming a client of FCM Bank Ltd can be done in a few steps:
Due to regulatory requirements FCM Bank Ltd performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual FCM Bank Ltd will ask him/her to provide the following documents: passport; proof of address; employment details. For corporate clients FCM Bank Ltd will ask to provide corporate documentation as well as information about controlling persons. FCM Bank Ltd may request additional documentation or information depending on the case.
FCM Bank Ltd is the 17th largest bank in Malta in terms of total assets. In 2018 its total assets were 57,00 mln EUR, providing the bank with the market share of 0.20%. In 2018 the bank's profit before taxes was -3,64 mln EUR. FCM Bank Ltd had 11 employees in 2017.
FCM Bank Ltd participates in the deposit guarantee scheme of Malta. This deposit guarantee scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign) and covers up to up to 100,000 EUR per bank per depositor. FCM Bank Ltd is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.
FCM Bank Ltd is headquartered in St. Julians.
FCM Bank Ltd has profiles at the following social networks: