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Money

Currency, Credit Cards & Banks

The Maltese Lira(Lm), often referred to as the Maltese pound, is divided into 100 cents. Exchange controls have been removed but any person entering or leaving Malta carrying cash or other monetary instruments, the value of which is equal to or in excess of LM5000 or equivalent will be obliged to fill in the appropriate declaration form available from Customs.

Banks & Currency Exchange

Banks are normally open between 08.30 a.m. and 12.30 p.m. from Monday to Friday, and up to 11.30 a.m. on Saturday. Some banks work longer hours. Summer and winter opening hours may differ.

Exchange Bureaux at Malta International Airport are open 24 hours a day. International bankcards are accepted and foreign currency is easily exchanged. Banks, Automated Teller Machines (ATMs) and exchange bureaux can be found all over the Islands.

Many hotels and larger shops and restaurants accept foreign currency. Exchange rates offered by hotels, restaurants and shops may not be as competitive as those available at banks.

Credit Cards

Most hotels and restaurants, as well as many shops, accept Access, American Express, Carte Blanche, Diners Club International, Mastercard and Visa.

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