• Present your ID Card for identification purposes, if you are a Maltese resident. A bankers’ reference and passport copy is required for non-residents,
• Deposit an initial minimum balance of €200.00 if you do not already have other BOV accounts,
• The minimum deposit is waived if you provide evidence of direct credits or other regular deposits to the account, or if you are a BOV Club Member.

As a BOV Savings account holder, you may:

• Deposit your funds anytime;
• Manage your account with your BOV Cashlink Card and BOV VISA Electron Card,
• Monitor your account using the Bank’s ATMs, BOV 24X7 Services and BOV Mobile,
• Effect transfers to other accounts – your own or third parties using the BOV 24X7 Services platform,
• Pay other BOV customers or receive payments from them using BOV Mobile Pay,
• Provide instructions on standing orders and direct credits or debits – either through your BOV Relationship officer, or via your BOV 24x7 Service

• Flexibility of usage;
• Interest on daily balances is paid every 22nd December and a statement is issued every end of December;
• Availability of funds (24 hrs-a-day, 7 days-a-week) via the BOV fleet of ATMs, BOV Mobile and BOV 24x7 Services;
• Higher accessibility through BOV Cashlink Card and BOV Visa Electron Cards;
• Added safety of keeping your cash in the Bank, and
• Payment of 15% FWT on interests earned (for Maltese residents)