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The Current Account is also referred to as the Cheque Account.
Dishonoured Cheques Code of Conduct
Common Principles for Bank Account Switching
MBA Guidelines on the issuing and encashment of cheques prior to / after the changeover of the Maltese lira to the euro
Terms and Conditions/Termini u Kundizzjonijiet
This account is also referred to as the ‘Lifeguard Account ’. It is an insurance linked savings account, where the Bank will double the balance of the account in the event of the account holder's demise (conditions apply).
It is a special savings account developed to strengthen the financial security and the general well-being of your loved ones when it matters most.
Terms and Conditions/Termini u Kundizzjonijiet
Savings Bonanza Account |
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Another type of Savings Account is the Savings Bonanza Account or the 3 Day Notice Account.
Interest is credited on monthly basis.
Withdrawals need three days notification.
Terms and Conditions/Termini u Kundizzjonijiet
The Virtual Account is an account which adds punch to our internet banking service by enhancing customer value through attractive interest earnings and more convenience, flexibility and better accessibility to your funds.
A minimum deposit of €50 is required.
Help us substantially reduce paper waste...join us in contributing towards a more sustainable environment...
Bank charges will apply if you effect your transactions on this account over the Bank's counters.
...more information
Terms and Conditions/Termini u Kundizzjonijiet
World Youth Day Account |
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The World Youth Day Account attracts an interest rate of 1.25% p.a. for amounts not exceeding €50,000.
This special Virtual Account is opened for students who would like to make it happen and be at the World Youth Day which will be held on August 2011 in Madrid. The account is available as from 1 September 2010 and will expire on 31 August 2011.
A minimum deposit of €50 is required.
Make it happen with THE APS BANK WORLD YOUTH DAY ACCOUNT
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Terms and Conditions/Termini u Kundizzjonjiet
Interest is paid annually and is credited to the account at the end of each year.
It is an account aimed at children who have not reached their 13th birthday. The main objective of the account is to serve as a medium to long term savings proposition.
The account can be opened by any one parent or both parents, grandparents, legal guardian, or any other close relative (uncle or aunt), hereinafter being referred to as the administrator of the account.
A minimum deposit of €25 is required.
Free 'life assurance' on the life of the administrator will be provided.
The Bank will double the average balance on the account in the twelve months preceding the demise of the administrator (capped at a maximum of €12,000). 'Life assurance' will be valid until the account is closed or the administrator reaches the age of 55, whichever is the earlier (certain conditions apply).
Upon the child turning 13 years old, no withdrawals are permitted and the funds accumulated by then in the First Coin Account are automatically transferred to a Teen Plus Savings Account.
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Teen Plus is an account aimed at teenagers aged between 13 and 18 years (the account holders) and its main objective is to serve as a short to medium term savings proposition.
It consists of two types of accounts offered to teenagers depending on defined age brackets, namely:
Teen Plus Savings Account which aims at encouraging savings for the benefit of the teenager, whilst, concurrently, where applicable, enjoying an element of protection by means of an insurance-linked feature
Teen Plus Access Account which aims at enabling the account holder to use funds available on the account for basic needs (day to day requirements)
Teen Plus Savings Account (for teenagers aged between 13 and 18 years)
Interest is paid annually and is credited to the account at the end of each year.
Until the teenager reaches 16 years of age, the account can be opened by any one parent or both parents, grandparents, legal guardian, or any other close relative (uncle or aunt), hereinafter being referred to as the administrator of the account.
A minimum deposit of €25 is required.
Free 'life assurance' on the life of the administrator will be provided.
The Bank will double the average balance on the account in the twelve months preceding the demise of the administrator (capped at a maximum of €12,000). 'Life assurance' will be valid until the account is closed or the account holder reaches 16 years of age, or else the administrator reaches the age of 55, whichever is the earlier (certain conditions apply).
If the funds are kept on a Teen Plus Savings Account after the account holder’s 16th birthday, the teenager will become the administrator of the account and he/she will have the option to open a Teen Plus Access Account.
Teen Plus Access Account (for teenagers aged between 16 and 18 years)
Interest is paid annually and is credited to the account at the end of each year.
A minimum deposit of €100 is required.
Free Banking - i.e. free standing orders, free issue of bills payable, free direct credit of stipend/salary.
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Terms and Conditions/Termini u Kundizzjonijiet
Special Savings Minor Scheme |
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Special Savings Minor Scheme is an account which is opened in the minor’s name by parents or legal guardian.
Interest is added to capital and is tax-free.
Minimum deposit is €116.47 with a maximum amount of €2,329.37 per calendar year.
No funds can be withdrawn from this account before the minor attains the age of 18, or at a later age provided the account has been open for more than 5 years.
Terms and Conditions/Termini u Kundizzjonijiet
Funds may be held with the Bank ranging from 1 to 60 months.
On the client’s instructions interest can be added to capital or credited to a savings/ current account.
Various terms and interest rates apply.
Interest rates are subject to change without prior notice.
Terms and Conditions/Termini u Kundizzjonijiet
Deposits can be made at the Bank, by post, in any branch of HSBC; or any ATM of APS Bank Ltd. and Bank of Valletta plc. | 
