Moneybase launches new Foreign Exchange Rates across 24 currencies

Focus on competitive rates for locals and expats

Moneybase continues to enhance its offering, reinforcing its position as a leading financial solution for both locals and expats with the announcement of a significant reduction in its foreign exchange rates, making it one of the most cost-effective local options.

Moneybase customers now benefit from new competitive currency conversion rates when using the live currency conversion functionality, when sending international payments and when spending with their Moneybase Mastercard in over 20 currencies, enabling expats and locals to enjoy even more cost-effective international transactions with Moneybase.

Currencies available include EUR, GBP, USD, AED, AUD, CAD, CHF, CZK, DKK, HKD, HUF, JPY, MXN, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, ZAR and CNY. More currencies, including INR and PHP, are expected to become available soon.

Moneybase’s multi-currency cards provide dynamic settlement allowing cardholders to save when making foreign currency e-commerce purchases and international travel payments.

Moneybase also announced the expansion of its cross-border payment capabilities, which now cover 189 countries and regions. Customers who initiate payments through their Moneybase account using the “Shared” (SHA) payment option will benefit from a very competitive rate of just €5.

“This announcement reconfirms Moneybase as a market-leading financial institution. While thanking our customers for their constant support, we remain committed to continue delivering the best-in-class customer experience, always supported with a personalised and reliable service,” said Alan Cuschieri, CEO of Moneybase.

Cuschieri explained how this initiative also strengthens Moneybase’s commitment to business accessibility. “While compliance remains an essential feature to ensure secure financial operations, it is also a fact that unnecessary delays hinder operational efficiency for businesses. At Moneybase we’ve addressed this challenge, and for over a year, businesses have been able to apply for and receive a Maltese IBAN account within 48 hours. They can also make SEPA and Swift payments,” added Cuschieri.

Moneybase is an award-winning financial institution that is backed by ISO9001-certified human support.

For more information visit www.moneybase.com

Moneybase Limited C 87193 is licensed by the MFSA to transact the business of a Financial Institution in terms of the Financial Institutions Act, Cap 376. Moneybase is a subsidiary of Calamatta Cuschieri Moneybase plc with its registered address at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara, BKR 9034, Malta