We keep on hearing about the difficulties in opening a bank account be it in Malta and worldwide. What are the alternatives? Digital banking is the answer. There are various electronic money institutions that can provide customers with commercial transactions, such institutions are also called digital banks.

 

A company without a bank account cannot function and as businessmen, the movement of funds is essential. Many are choosing to open accounts with such banks because it is easier, quicker and convenient. Digital banks are borderless and offer a great substitution to the traditional bank account keeping the same benefits but with less requirements. There is no need to travel to the bank, you can have your debit card and pay for any expenses from anywhere worldwide, you can have multiple currency solutions, have it linked to your mobile, and with a 24/7 helpdesk readily available for you.

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There are many digital banks around the world. Here at Fairwinds Management Limited we work with the most reliable and the ones who have almost the same functions as normal banks. We prepare all the documents for you and apply on your behalf providing you also your very own IBAN.

Digital banking is the new era, and it is the best way to start your business with no minimum balance requirement that all conventional banks normally require. Contact Ms Charlene Sciberras today for more info on banking services offered by Fairwinds Management Limited on csciberras@fairwindsmanagement.net.