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BML reverts decision, withdrawal limit for locals abroad at USD 750

en.sun.mv/97274
02 Jul 2025

The Bank of Maldives on Tuesday, reversed its earlier decision to cap the withdrawal limit for Maldivians residing abroad. The bank earlier had announced that Maldivians living abroad can withdraw ca...

BML Advises Maldivians Overseas to Register for Higher Foreign Spend Cap

psmnews.mv/en/160378
01 Jul 2025

The Bank of Maldives (BML) has said customers residing overseas can register for an increased foreign spend limit of USD 750 per month for their BML-issued debit cards. Changes to BML’s policies which...

BML to Lift Debit Card Spending Cap, Impose Fees to Address Misuse

psmnews.mv/en/160272
30 Jun 2025

The Bank of Maldives (BML) said on Monday it would raise the monthly foreign transaction limit on Maldivian Rufiyaa (MVR) debit cards to USD 500 beginning 1 July, while introducing a series of new fee...

BML increases monthly foreign transaction limit to USD 500

avas.mv/en/150287
30 Jun 2025

As part of its commitment to support overseas spending for its customers, Bank of Maldives (BML) has announced an increase in the monthly foreign transaction limit for its debit cards to USD 500 per m...

BML to charge 30 percent on purchases from select foreign websites

avas.mv/en/150288
30 Jun 2025

The Bank of Maldives (BML) has decided to charge a fee of up to 30 percent for purchases on foreign websites where Maldivians shop most from. The change will come into effect on 1 July. BML made the...

BML Raises International Debit Card Purchase Limit to USD 500

themaldivesjournal.com/8...
30 Jun 2025

Bank of Maldives (BML) has announced an increase in the monthly limit for international purchases using MVR-denominated debit cards to USD 500, effective July 1st. The move comes without any additiona...

BML introduces 'ENV POS' initiative in the Maldives

en.sun.mv/97222
25 Jun 2025

The Bank of Maldives (BML) is proud to introduce the ENV POS, a first-of-its-kind initiative in the Maldivian banking sector. Under the initiative, every transaction made through a BML Point of Sale...

BML Launches ENV POS to Fund Environmental Projects Through Everyday Transactions

psmnews.mv/en/159964
25 Jun 2025

Bank of Maldives (BML) has introduced ENV POS, a first-of-its-kind initiative in the Maldives banking sector to support environment protection efforts. The programme was launched by Minister of Touris...

Over a Dozen Registered Fishermen Secure BML Financing

psmnews.mv/en/159939
25 Jun 2025

Over a dozen fishermen have secured financing from Bank of Maldives (BML) thus far, the country’s national bank has said. BML had entered into a Memorandum of Understanding (MoU) with the Ministry of...

Construction Ministry, BML Formalise Accord to Advance Shariah-Based Hiyaavehi Financing Programme

psmnews.mv/en/159869
24 Jun 2025

The Ministry of Construction, Housing and Infrastructure has formalised an agreement with the Bank of Maldives (BML) to advance the 'Hiyaavehi Financing Programme', a nationwide initiative designed to...

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