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BML further streamlines USD allowance to safeguard essential consumer needs

psmnews.mv/en/179775
07 May 2026

The Bank of Maldives (BML) has announced significant enhancements to its foreign currency allocation system in response to growing public concerns over recent changes affecting the usability of MVR ca...

BML changes to overseas MVR card transactions aimed at prioritising essential dollar needs: Chief Government Spokesperson

presidency.gov.mv/Press/...
07 May 2026

Chief Government Spokesperson Mohamed Hussain Shareef has stated that the recent changes introduced by Bank of Maldives (BML) to Maldivian Rufiyaa card transactions on overseas e-commerce and online r...

BML says foreign currency measures aimed at fairer access and preventing misuse

themaldivesjournal.com/9...
07 May 2026

Bank of Maldives (BML) has stated that its newly announced measures on foreign currency usage are intended to ensure fair and equitable access to US dollars for legitimate personal use and essential p...

BML says no limits on online purchases through USD linked cards

psmnews.mv/en/179683
06 May 2026

The Bank of Maldives has clarified that customers utilising cards linked to US dollar accounts remain exempt from transaction limits on international retail websites, a statement issued in response to...

BML to require overseas presence for foreign card transactions

psmnews.mv/en/179638
05 May 2026

The Bank of Maldives (BML)’s move to ensure a cardholder is physically abroad before allowing overseas card transactions is an important measure taken when financial crimes are on the rise, the bank h...

BML grant empowers Eydhafushi youth with new vocational and digital hub

psmnews.mv/en/179488
03 May 2026

The Foundation of Eydhafushi Youth Linkage (FEYLI) has officially opened a state-of-the-art Digital Studio and a revitalised Vocational Training Lab at the Baa Atoll Education Centre. The project, fu...

BML limits monthly transactions from common e-commerce platforms

psmnews.mv/en/179453
03 May 2026

Bank of Maldives (BML) has decided to limit monthly transactions for e-commerce platforms commonly used by Maldivians. BML’s Chief Executive Officer, Mohamed Shareef stated that this is an important s...

BML reports USD 136 million in total TT sales since start of year

psmnews.mv/en/179419
02 May 2026

Bank of Maldives (BML) has said it sold USD 136 million in telegraphic transfer (TT) transactions across 40,944 transactions as of last month. Speaking at a press conference, BML’s Chief Executive Off...

BML to introduce special student card

psmnews.mv/en/179403
02 May 2026

The Bank of Maldives (BML) has announced plans to introduce a special card for students studying abroad, while also implementing measures to prevent the overseas use of cards belonging to individuals...

BML Signs MoU with Singapore Management University to Strengthen Leadership Development

themaldivesjournal.com/9...
02 May 2026

Bank of Maldives has signed a Memorandum of Understanding (MoU) with Singapore Management University to strengthen collaboration in leadership development, professional education, and capacity buildin...

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