The EURO became the official currency for the country of Malta at the beginning of 2008. Any price that is shown in Maltese Liri is now for informational purposes only and can be multiplied by 2.33 to determine the price in Euros.
A local bank account is very useful for bill paying when you settle in Gozo. Maltese banking regulations require some specific documentation before you may open a local bank account. All is explained in this article.
Many people do not realize that it is possible and sometimes advisable to obtain credit card cash advances at the bank teller window rather than at an ATM. This article explains the process and advantages of doing so.
Banking 
