MeDirect Bank

MeDirect Bank is a digital-only bank focused on savings and investments, operating in the EU through MeDirect Bank (Malta) plc and its activities in Belgium. It offers online savings accounts and fixed-term deposits alongside an investment platform with access to funds and listed securities, as well as managed portfolios with predefined risk profiles. Onboarding, servicing, and support are handled online, with identity verification completed digitally and account funding typically via SEPA transfers; cash handling, card products, and a traditional branch network are not part of its model, and day-to-day current account functionality is limited. Interest rates on savings and term deposits vary by product and can change, while investment activity is subject to transaction, foreign exchange, and other fees as set out in the bank’s tariff schedule. Deposits are protected up to the statutory limit per depositor by the relevant national deposit guarantee scheme associated with the licensed entity holding the funds; investment products are not covered by deposit protection and are exposed to market, credit, and currency risk. MeDirect is authorised in Malta and subject to EU banking supervision, with local conduct and product oversight applying where services are offered cross-border. Access is via web and mobile apps with two-factor authentication, account statements, and basic tax reporting where available. Product availability, eligible markets, minimum amounts, and applicable terms differ by jurisdiction, so prospective customers should review the local documentation and regulatory disclosures before opening or funding an account.