Bank of Valletta (BOV) has increased the daily limits of its debit cards for both in-store payments and ATM cash withdrawals, it announced on Thursday.
The bank’s customers are now able to pay with their Cashlink Malta card for purchases in-store of up to €1000 and up to €3000 with their Cashlink Visa card, daily.
Customers can also withdraw from a BOV ATM up to €700 with Cashlink Malta and €1000 with Cashlink Visa daily.
“This is another measure that we implemented to help deter the spread of COVID-19,” stated Franco Xuereb, Executive Electronic Banking at Bank of Valletta.
“With this latest increase in daily limits of our most popular debit cards, customers have even less reason to visit a branch or wait in the queue potentially exposing themselves and their families to contagion,” he explained.
This is the latest addition to the Bank’s range of initiatives to encourage customers to stay safe and bank digital, avoiding needless visits to the bank, reduce contact and cash usage, the bank said.
Government reports €55 million drop in income tax revenue
By the end of April 2025, Malta’s central Government debt reached €10.84 billion
Malta launches €90,000 aquaculture fund to boost sustainable marine projects
It is open to project proposals from students, educational institutions, environmental NGOs, as well as public entities
Foreign property buyers want ‘more than sea views,’ says MIDI CEO Mark Portelli
A new wave of Special Designated Area (SDA) projects is set to deliver over 2,500 luxury homes across Malta