W & J Coppini & Co

W & J Coppini & Co is a long-established currency exchange and payments business, and its office on Ross Street in Paceville is one of three in Malta. It is listed in our directory of currency exchange in Malta. The company is regulated and licensed by the MFSA under the Financial Institutions Act and holds permission to provide payment services as a payment institution.

History and standing

The firm traces its roots to 1880, when Antonio Coppini founded the Commercial Exchange Bank in Merchants Street, Valletta. Over three generations it has grown into one of the leading local institutions in financial services, and it was one of the early pioneers of financial services in Malta. It serves both companies and the general public, which makes it a practical choice whether you are a traveller or a business sending money abroad. For wider background, see our guide to financial services in Malta.

Currency exchange for travellers

The firm buys and sells foreign banknotes in most world currencies. If you are visiting from the UK you can swap sterling for euros, and if you are heading onward you can change euros into other notes. Customers can also order foreign banknotes ahead of a trip. A low value transaction fee applies to foreign exchange transactions of 200 euros or less. Legal tender new notes in good condition are exchanged without a charge, while old notes still in circulation may incur additional fees, and notes no longer in circulation may be taken for collection with fees.

Rates are updated frequently and shown on the website for buying and selling, and larger volumes may allow a mutually agreed rate. Planning flights? Our flights to Malta guide and Malta holidays overview help with the rest of your trip.

What customers can expect

The firm's four strengths are longer opening hours than many competitors, the ability to handle most currencies, three well-placed offices in Malta, and a personal service. Foreign exchange is a core business, and the rate board covers dozens of currencies, from sterling, US dollars and Swiss francs to Japanese yen, Turkish lira, Indian rupees and, most recently, Albanian leke. Anyone with an unusual currency left over from a trip can ask whether it is accepted, and anyone preparing for a trip abroad can reserve banknotes in advance so that the right notes are ready when they arrive at the counter.

Corporate clients use the firm for payments and treasury support, and individuals use it for everyday exchange. If you intend to move a larger sum, it is worth asking for a quote rather than relying on the board rate, since rates for payments are given on request and an agreed rate may be possible depending on the volume of business.

Transfers, payments and gold

Beyond cash, the firm provides fund transfers by SWIFT and SEPA, FX trading, an online payment system and a MoneyGram service, available through locations in Birkirkara, Marsa, Sliema, Żabbar, Valletta, St Julian's, Rabat in Gozo, Ħamrun and St Paul's Bay. Quotes for payments are given on request. The firm also buys and sells gold coins, internationally certified gold bars and gold items at published prices.

Anyone moving money to buy a home or set up a company can read our Malta relocation guide for the wider picture.

The St Julian's office

The Ross Street office is the one nearest Paceville, and it is the only one of the three open on Saturday morning. The Sliema head office and the Valletta office, close to the old city described in our Valletta guide, offer the same services. Opening hours may change around public holidays, so confirm before you travel. When you are ready, use the VisitMalta.co.uk enquiry form on this page and we will pass your message to the firm.