FIMBank plc

Business Summary

Services
retail banking
corporate banking
Products
current accounts
savings accounts (0.40 - 0.40 %)
time deposit accounts (0.25 - 0.80 %)
credit cards
trade finance
factoring
forfaiting
Area Served
MTMalta
internationally
DEGermany
ESSpain
Account Currencies
EUEUR
USUSD

FIMBank plc provides products and services in the areas of retail banking, corporate banking. The range of products offered by FIMBank plc includes current accounts, savings accounts (0.40 - 0.40 %), time deposit accounts (0.25 - 0.80 %), credit cards, trade finance, factoring, forfaiting.

Account Opening

Account Opening Procedure
submit online application
upload documents
make transfer

Opening an account with FIMBank plc can be done by performing the following steps: submit online application, upload documents, make transfer.

Required Documents
passport
proof of address
source of wealth declaration
application form and PEP form

FIMBank plc requires the following documents to open a personal bank account: passport; proof of address; source of wealth declaration; application form and PEP form.

  • PEP (Politically Exposed Person) form is a self-certification document.

While opening a bank account FIMBank plc has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by FIMBank plc and the documents used are outlined below.

Identity Verification
passport
any one of the documents above
Address Confirmation
proof of address
any one of the documents above
Current Occupation
Income Source
source of wealth declaration
any one of the documents above
Forms
application form
PEP form
all the forms from above

FIMBank plc may require additional documentation or information depending on the case.

Ways to Bank

Business Channels
branch branch
online banking online banking
mobile app mobile app

Products and services offered by FIMBank plc are available at its branches and via its online banking system, mobile application.

Mobile Application: FIMBank CAM

FIMBank CAM
FIMBank CAM Supported Languages
GBEnglish

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

FIMBank plc offers the following savings accounts.

Updated on 13 August 2020

Tagesgeld/Flexgeld24
Sales Region
DEGermany
Investment Amount
1 - 100,000 EUR
Interest Rate (p.a.)
0.40 %
Deposit Term
0 months
Savings Account Details
Product Name
Tagesgeld/Flexgeld24
Account Currency
EUR
Min. Interest Rate (p.a.)
0.40 %
Max. Interest Rate (p.a.)
0.40 %
Min. Deposit Term
0 months
Max. Deposit Term
0 months
Min. Investment Amount
1 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
12 times a year

DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Savings accounts made with FIMBank plc are covered by deposit guarantee scheme of Malta up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Malta is not taxed. Interest gained on savings accounts by residents of Malta is taxed at 15.00% rate. When the interest is paid, this tax is automatically withhold by FIMBank plc from the savings account.

See Also

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

FIMBank plc offers the following time deposit accounts.

Updated on 13 August 2020

Festgeld
Sales Region
DEGermany
Investment Amount
1 - 100,000 EUR
Interest Rate (p.a.)
0.25 - 0.80 %
Deposit Term
3 - 36 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.25 %
Max. Interest Rate (p.a.)
0.80 %
Min. Deposit Term
3 months
Max. Deposit Term
36 months
Min. Investment Amount
1 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year
FIMBank
Sales Region
ESSpain
Investment Amount
1,000 - 100,000 EUR
Interest Rate (p.a.)
0.46 - 0.70 %
Deposit Term
3 - 12 months
Time Deposit Account Details
Product Name
FIMBank
Account Currency
EUR
Min. Interest Rate (p.a.)
0.46 %
Max. Interest Rate (p.a.)
0.70 %
Min. Deposit Term
3 months
Max. Deposit Term
12 months
Min. Investment Amount
1,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
12 times a year

DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
ESSpain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.
Deposit Guarantee. Time deposit accounts made with FIMBank plc are covered by deposit guarantee scheme of Malta up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Malta is not taxed. Interest gained on time deposit accounts by residents of Malta is taxed at 15.00% rate. When the interest is paid, this tax is automatically withhold by FIMBank plc from the time deposit account.

See Also

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