This guide has been designed in order to help consumers understand the world of banking and the different aspects related to this. You may find a similar guide which details how to open an account with a bank or building society by visiting the Gibraltar Bankers Association web site http://www.gba.gi, where you can find the ‘Gibraltar Banking and Mortgage Code’.
This guide is not exhaustive, and is intended to only provide guidance and direction. The term 'Bank' in this guide is used loosely to include building societies as well as banks. Banks can operate in Gibraltar as a branch of a bank established elsewhere, or as a separate legal entity incorporated under the laws of Gibraltar.
This guide does not distinguish between either type of legal entity.