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Money and Banks in Malta

The monetary unit of Malta is the Maltese Lira which is often abbreviated as LM or MTL. Approximatelly 2. 55 to 2.66 Euros per 1Lira or 2.35 to 2. 69 USD per 1 Maltese Lira.

 

 

The Maltese Lira is divided into 100cents (c).

The largest Note is the LM20 note ,followed by the LM 10 note, the LM5 note and the LM 2 note. The LM1 is the largest coin followed by the 50c coin, 25c ,10c ,5c,2c and 1c.

On arrival at the Malta International Airport, there are 2 Banks open 24 hours a day, with ATM service and a foreign exchange service 24/7.

Almost all mayjor currencies are accepted here mostly in Banks and Bureau de changes and some shops ; most popular is the English Pound, Us Dollar, Euro. Other Western European currencies are accepted. Travellers cheques are widelly accepted alongside the presentation of a passport. Credit Cards are also widelly accepted in almost all outlets ; Cards accepted in order of preference by local shops and banks are the VISA, Mastercard, Cirrus, Maestro and American Express. The american express is not as widelly accepted ,so do not rely entirely on it.

Currency Conversion

Local Banks

FOR CURRENCY EXCHANGE: All Mayjor currencies are exchanged on the Maltese Islands/ Visa, Mastercard , Cirrus, Eurocard, Diners ,and American Express, are widely accepted.  The major Exchange Bureaus and Banks in Malta and Gozo are listed below. 

CREDIT CARDS: Lost Credit Cards: If you loose your card whilst on the Island, Call 234821 CREDIT CARD CENTER

BANKS 

  • Bank of Valletta Int Ltd- Has ATM`s all over the Islands of Malta and Gozo
  • ATM and personal banking AVAILABLE AT MALTA INTERNATIONAL AIRPORT an HELIPORT
    86 South Str, Valletta
    Tel +356 21249 970 | Fax +356 21 222 132 | Web 

 

  • HSBC Bank Ltd- Has ATM`s all over the Islands
  • ATM and personal banking AVAILABLE AT MALTA INTERNATIONAL AIRPORT
    233 Republic Str, Valletta VLT 05
    Tel +356 21245 281 | Fax +356 21485 857 | Web

 

  • APS Bank Ltd- has ATMs around the islands
    APS House, 24 St Anne Square, Floriana VLT 16
    Tel +356 21226 644 | Fax +356 21226 202 | 

  • THOMAS COOK-1B Independence square, Victoria GOZO Tel: 21559961/3 Fax 21559964 (available throughout Malta also)

  • W& J Coppini  58 Merchant Str. Valletta Tel: 21244634 Fax 21248280- QAWRA- SLIEMA - St. JULIANS
  • Western Union- FEXCO- Suite 2 International House, Naxxar, San Gwann Tel: 21378867 Fax 378869
  • American Express Airways House, High Str. Sliema Tel:21 344336 (card member services)
  • BOV CARD CENTER: Tel : 21 234821