Bank of Valletta has launched the BoV Cashlink International, a new debit card that can be used internationally as well as in Malta.

The new BOV Cashlink International can be used worldwide at any ATM or at any outlet displaying the Visa sign. It can also be used to make purchases and electronic payments through the Internet.

The launching of the BoV Cashlink International is in line with the bank's efforts to provide a more flexible and convenient service to its cardholders.

The BoV Cashlink International card is linked to the customer's current or savings account, enabling the customer to access and manage funds not only in Malta but worldwide.

BoV chairman Joseph F.X. Zahra said: "Thanks to its versatility and userfriendliness, coupled with the substantial investment in IT Bank of Valletta has undertaken over the past years, the BoV Cashlink Card is today established as a major brand in Malta.

"Latest statistics in fact indicate that over quarter of a million ATM withdrawals and over 25,000 ATM deposits are being effected monthly using the BoV Cashlink Card. The monetary value of Cashlink withdrawals has also increased reaching Lm9 million per month. Concurrently, Cashlink cardholders are increasingly using their cards to pay directly for goods and services with the value of such payments during May exceeding Lm1.5 million".

He said the Cashlink brand is now being further strengthened and will gain more prestige thanks to the launching of this new international card, which is another first for the bank. He added that Cashlink was the first major Maltese debit card to be given an international dimension.

The new BoV Cashlink International Card includes other innovative features. Cashlink International cardholders will benefit from a higher withdrawal limit per day from ATMs as well as a higher limit per day for purchases using the card. These limits have been set at Lm200 and Lm300 respectively.

BoV Cashlink International cardholders purchasing goods and services in Malta and paying with their card will benefit from a Free Purchase Protection insurance policy that safeguards the interests of the client on certain purchases.

A fee of Lm7 per annum will apply for the BOV Cashlink International Card.

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