MeDirect

MeDirect Bank (Malta) plc is an MFSA credit institution, C34125. MeDirect Bank SA is the Belgian subsidiary. Depositor Compensation Scheme up to €100,000 per bank — two entities, two caps, do not invent a third. Savings and funds are the religion. N26 is a German current account. This is a Maltese (and Belgian) savings bank with an app. Read the entity on the statement.

Ex Mediterranean Bank. Sliema and Brussels. Directories file it next to Revolut because both have orange-ish marketing. Revolut is a specialised bank plus EMI. This is a credit institution that sells deposits and funds.

MeDirect lists Credit institution — MeDirect Bank (Malta) plc, C34125 under MFSA in Malta. On safeguarding we currently write: Maltese Depositor Compensation Scheme up to €100,000 at MeDirect Bank (Malta) plc. Belgian scheme on the Belgian subsidiary — do not double-count across the two banks.. Holder / issuer line: MeDirect Bank (Malta) plc / MeDirect Bank SA. An AML programme is claimed. Local bank details (IBAN / sort code / equivalent) are part of the pitch. We list 2 live markets on the product. As we score the sticker: monthly Savings / investment packaging — confirm live; FX Bank tariff; ATM Limited current-account theatre; interest Savings rates — the product. Rates move. This desk would open it for: Maltese or Belgian residents parking EUR at a named bank with an investment sleeve.

What it does well: Named MFSA credit institution; Belgian subsidiary is a real bank too; DCS €100k. What to watch: Not Starling for daily spend; Two entities, two caps; Investment SKUs are not the deposit. Desk score 6.9 / 10 (safety 8.4, fees 7.0, features 7.2, app 6.8). Last verified 2026-08-30. Headquartered in Sliema / Brussels, Malta; founded 2004. None of this is advice — it is a file so you can read the entity before the card colour.