Malta uses the Euro (EUR) as its official currency. Payment systems are modern, with widespread acceptance of electronic and contactless methods. Currency exchange and ATM services are readily available in urban and tourist areas.
- Official currency: Euro (EUR)
- Accepted payment methods: Cash (EUR), major credit/debit cards (Visa, Mastercard, American Express), and mobile payments (Apple Pay, Google Pay) are widely accepted in hotels, restaurants, and shops.
- Contactless payments: Contactless cards and mobile wallets are commonly used, especially in urban areas.
- ATM availability: ATMs are accessible throughout Malta, including airports, city centers, and tourist zones. Most accept international cards.
- Currency exchange: Services available at banks, exchange offices, and airports. Banks such as Bank of Valletta and HSBC Malta are major providers.
- Foreign currency restrictions: No restrictions on holding foreign currency, but large cash transactions may require identification.
- Cash import/export limits: Amounts over EUR 10,000 (or equivalent in other currencies) must be declared to customs upon entry or exit, in accordance with EU regulations.
- Transaction fees: Foreign card transactions may incur fees (typically 1–3%). ATMs may charge additional withdrawal fees for non-local cards.
- Payment issues: Some small businesses may accept cash only. Notify your bank before travel to avoid card blocks.
- Regulations: Malta follows EU anti-money laundering and financial reporting standards. Travelers should consult official government advisories for updates.
