NeoBankDB

MT · EUR

Malta digital banks

MeDirect Bank is an MFSA credit institution with a Belgian subsidiary. Savings and investment packaging is the product. A Maltese bank IBAN is DCS. Moneybase is an MFSA financial institution — its own safety page says it is not a credit institution. An EMI IBAN that happens to look Maltese is not DCS.

2Live on NeoBankDB

Regulator

Malta Financial Services Authority (MFSA)

Deposit scheme

Maltese Depositor Compensation Scheme up to €100,000 per depositor per bank

In this market

Licence still sits on the product
ProductScoreHQMonthlyFXUsersLicence
MeDirect6.9Sliema / Brussels, MaltaSavings / investment packaging — confirm liveBank tariff~180,000 (MT+BE)Credit institution — MeDirect Bank (Malta) plc, C34125
Moneybase6.8Malta, MaltaConfirm liveConfirm liveMalta / EU payment accountFinancial institution (payment services) — not a credit institution

Questions

01

Is MeDirect a neobank?

It is a Maltese (and Belgian) bank that sells digital savings and investments. Score the MFSA credit institution, not the app icon.

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Cross-check the scoring weights and the graveyard before you treat a leftover landing page as live.