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BML plans to expand Swipe into global digital payment wallet

psmnews.mv/en/183419
one day ago

Bank of Maldives (BML) plans to expand its digital wallet, Swipe, to allow Maldivians travelling overseas to make payments without using a physical bank card, the bank's Chief Executive Officer Mohame...

BML CEO envisions fully automated payments in next five years

psmnews.mv/en/183276
04 Jul 2026

Bank of Maldives’ Chief Executive Officer (CEO) Mohamed Shareef has said the next five-year focus will be on making payments easier, faster, and more automated in the Maldives’ financial system. He ma...

BML says USD investment pool does not fuel black market

psmnews.mv/en/183194
03 Jul 2026

The Bank of Maldives (BML) has defended its newly launched USD‑investment product, rejecting allegations that it strengthens the black market for foreign currency. BML has insisted that the “investme...

Online transaction caps expanded as BML secures greater USD inflows

psmnews.mv/en/183097
02 Jul 2026

The volume of foreign currency transactions permitted on e-commerce platforms has been increased, the Bank of Maldives (BML) has announced. The expansion of these caps, previously a source of widespre...

BML launches new investment feature offering returns of up to 25%

psmnews.mv/en/182986
30 Jun 2026

The Bank of Maldives (BML) has launched a new feature called "Investments", allowing customers to invest US dollars (USD) directly with the bank. The service was officially launched during BML's "Chat...

BML housing project ready to kick-off as gov’t adds 710 more units

psmnews.mv/en/182872
28 Jun 2026

The Bank of Maldives (BML) has received approval for the drawings of all but one of the housing projects slated under the government’s ambitious housing scheme, and construction is set to begin, Chief...

Additional 710 housing units to supplement 3,260 homes already contracted through BML: Chief Government Spokesperson

presidency.gov.mv/Press/...
27 Jun 2026

Chief Government Spokesperson Mohamed Hussain Shareef has announced that an additional 710 housing units will be added to the 3,260 homes already contracted through the Bank of Maldives (BML) in Hulhu...

BML allocates special limit on cards of students studying abroad to pay visa fees

psmnews.mv/en/182689
25 Jun 2026

The Bank of Maldives (BML) has announced that it will allocate a dedicated foreign‑currency limit on its cards for students who need to pay visa fees while pursuing studies overseas. The move is desi...

BML to ease limits on foreign card transactions by month-end

psmnews.mv/en/182192
19 Jun 2026

The Bank of Maldives (BML) will ease limits on foreign card transactions before the end of the month. Restrictions on overseas e-commerce and online transactions using MVR cards were introduced last m...

First Lady opens BML Raajje Junior Championship 2026

psmnews.mv/en/182156
18 Jun 2026

First Lady Sajidha Mohamed has graced the opening ceremony of the Bank of Maldives (BML) Raajje Junior Netball Championship 2026. The championship was officially launched during a ceremony held on Sun...

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