The MFSA has just issued another notice concerning the release of further funds of personal account holders held at Satabank. Over the past couple of weeks Satabank has contacted all personal account holders resident in Malta with deposits between €50 and €15,000. It will now start contacting non-resident personal account holders with balances between €50 and €15,000. This will be done on a staggered basis subject that clients provide the relevant information on a risk based approach.
Satabank has been working closely with the MFSA and other authorities to safeguard the interests of customers as it continues to fulfill all its capital and liquidity requirements.
Click here for the MFSA notice to find out more.