Following the recent introduction of free SEPA payments by Calamatta Cuschieri and Moneybase to all individual and joint account holders, Moneybase has just launched its Student Account, effectively opening its platform to 16 and 17-year-olds.

The move aims to attract students on board Moneybase to experience the convenience of being able to open their very own account with a Maltese IBAN in minutes, with the entire process and verification done online without needing to visit a branch.

Students can enjoy the benefits of having their own free Multicurrency Mastercard, the convenience of free SEPA payments to 34 countries and free person-to-person payments to all Moneybase users. Moneybase Mastercard holders can also pay on the go by connecting their card to Apple Pay, Google Pay, Xiaomi Pay and Garmin Pay.

The company is also offering students who opt to receive their stipend directly on their Moneybase account with a €60 Stipend Bonus. Those who do so will also have the chance to be one of three lucky winners of the new iPhone 16.

“We are delighted to be offering what is undoubtedly a very attractive package for students, the Moneybase Student Account really provides all the support that students need at such an important and exciting time of their life. We invite and welcome all students to take part in shaping the next generation financial platform” says Alan Cuschieri, Founder and CEO of Moneybase.

Students acquiring their Moneybase account will also benefit from the recently announced free SEPA payments which are now being offered to all individuals and joint account holders which means that no fees apply for transfers made on both Moneybase’s mobile app and web platform.

Moneybase offers payment and investment services to over 40,000 individual and business clients, it offers 7 days a week customer service and is licenced by the Malta Financial Services Authority.

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