HSBC Bank Malta plc

    Address  VLT 1116, Malta, Valletta, Head Office, 233, Republic Street
    Phone  23802380
    Fax  21490613
Member of Group  HSBC (United Kingdom)
Bank Identifiers 
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)

HSBC Bank Malta plc located at Malta, Valletta is a member of a banking group HSBC (United Kingdom). It is one of 29 credit institutions operating in Malta.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.


BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

Bank BIC Code  MMEB
Country Code  MT (Malta)
Location Code  MT
Branch Code  XXX

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).


MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.


The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Malta are obliged to participate in Maltese deposit guarantee scheme.

In the case of HSBC Bank Malta plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  most types of deposit are covered, including current, deposit and savings accounts
Maximum Protected Amount  100 000 EUR
Paid In Currency  in the same currency as the deposit

Further Information: Deposit Guarantee Scheme in Malta

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  Yes
Exempt from MRR by ECB  No

Related Information on Malta

Economy and Banking Sector of Malta

List of Banks in Malta

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