Debit & credit cards will automatically switch to Euro – HSBC
- Conversion of bank account balances on the 1st of January
- End of legal tender for the Maltese Lira – The Central Bank
- BOV EPOS to convert to euro at midnight on 31st of December
- Euro Changeover Guidelines Aim to Ensure Price Stability
- BOV sells over 11,000 retail starter kits in just five days
- All set at the Bank of Valletta to welcome the new euro
- Central Bank services during the euro changeover period
- BOV reports a heavy demand and smooth operations for euro
- Over €1.2 million dispensed by BOV ATMs by noon Tuesday
- HSBC announces a new deposit account with 4.3% interest
- BOV launches prepaid cards in Malta
- March 29th last day to change Maltese Lira at bank branches
- BOV Reports strong response to the Sale of Retail Starter Kits
- BOV launches loyalty rewards programme
- All BOV branches are to open until 4.00pm again on Monday
HSBC Bank has announced that customers will be able to continue using their existing debit and credit cards after the official Euro Changeover on the 1st of January.
As from euro-day, the 1st of January, payments or debits made through EPOS terminals, or other electronic delivery channels, will be automatically processed in euros. The last credit card statements issued in 2007 will be generated showing the closing balance in Maltese lira as well as the equivalent in euros, converted at the irrevocably fixed conversion rate. The euro equivalent will reflect the opening balance of the next statement in euros. The statement will also display the new credit card limit in euros which will be applicable on the account as from the 1st of January.
For further information, customers may contact HSBC’s euro helpline on 23808154.
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