Bank of Maldives has introduced international accounts through its Swipe digital wallet, enabling customers to open IBAN-linked accounts in USD, EUR and GBP and receive overseas payments instantly.
Bank of Maldives has introduced BML SplitPay, allowing eligible credit card holders to convert purchases of MVR 1,500 or more into instalment payments over periods ranging from three to 24 months.
Bank of Maldives has launched a new USD investment platform allowing customers to invest in US dollars and earn returns of up to 25 percent, while helping strengthen the bank’s foreign currency reserves.
President Dr. Mohamed Muizzu has indicated that Bank of Maldives (BML) is expected to significantly relax its foreign currency spending restrictions later this month, offering potential relief to customers affected by current dollar limits. Speaking during a press briefing at the President’s Office, President Muizzu said BML had informed his administration that a substantial easing…
