HSBC Malta posts new offer for students

HSBC Malta has launched a new campaign offering a chance for students to benefit from the features of an HSBC Student account can offer, according to a press statement sent to Business Malta.

HSBC Malta’s offer is valid until 31 October and is available to those students — full-time enrolling or attending secondary schools, MCAST, sixth form, university or any other established post-secondary and tertiary education institution to — who route their stipend through an HSBC Malta account.

As a novelty this year, students can also use the bank’s new online account opening process, which the branch says simplifies and quickens procedures.

“After a long year of study and exams, students just want to wind down, so we launched this new account opening process to make it quicker and easier for them to open their account and continue to enjoy their summer,” said Gregory Inglott, Deputy Head of Retail Banking and Wealth Management.

Having a bank account is a requirement for the majority of students in order for them to receive their stipend, HSBC Malta notes. Students opening a student account with HSBC will benefit from free internet banking, free mobile banking, a free Visa International debit card and discounted fees on withdrawals from non-HSBC ATMs, the press statement says.

“For most students stepping into the world of higher education, the opening of a bank account is often their first experience with a financial institution. That is the reason why we want to engage with them at this point so they can start to develop good personal finance habits and have the right ideas about saving for the future,” added Mr Inglott.

HSBC Malta recently launched a new personal internet banking service, which upgrade happens in phases to help clients familiarise with the new functions. Additionally, HSBC Malta has recently seen some appointments to its managerial team; John Bonello was appointed as the new chairman, Michel Cordina was named as Executive Director, and Joyce Grech was appointed Head of Commercial Banking and Gerard Walsh as the bank’s new Chief Risk Officer.