BNF Bank

Member since 10 February 2013

maltaangelActive member26 July 2019 08:20:55

I am looking for some guidance re BNF Bank,聽 I have banked with them for 6 years and overall apart from alot of limitations there seem to be for expats, they are ok.

However, this week I asked to release some funds from along term savings accounts due an emergency and they are actually refusing it.聽 Their status is I have to wait until another two years, now none of this was explained when we deposited the money.

My question is can banks actually keep our money !聽 They have referred to head office nearly 4 days ago and I have still not received any answers.

Thanks

volcane ViP

Member since 03 November 2015

volcaneViP01 August 2019 11:23:27

1085

you get fixed term deposit accounts, it depends if yours is one of those.

maltaangel Active member

Member since 10 February 2013

maltaangelActive member01 August 2019 11:33:11

I got my money released there are just too many restrictions, even the cashpoint restriction of maximum 500 per day.

volcane ViP

Member since 03 November 2015

volcaneViP01 August 2019 11:44:03

1085

I wouldnt bank with a Church bank personally

GozoMo Malta Expert

Member since 29 September 2015

GozoMoMalta Expert01 August 2019 13:28:26

2183

We have never had any problems with BNF.

F0xgl0ve Malta Expert

Member since 11 November 2013

F0xgl0veMalta Expert02 August 2019 05:49:06

1976

maltaangel wrote:
I got my money released there are just too many restrictions, even the cashpoint restriction of maximum 500 per day.

I don't know of a Maltese or UK bank which allows more than 500 to be withdrawn in any one day from an ATM.
We have been with BNF for 7 years and never had a problem.
If you put money in a fixed term deposit the deal is that you leave it there for that length of time and are penalised for early access.