The Maldives’ main bank commenced ATM services in the island of Dhuvaafaru in Raa atoll on Monday.
In a statement, Bank of Maldives Ltd (BML) said businesses and individuals can transfer money via the new self-service ATM kiosks 24/7.
The service was inaugurated by economic minister Mohamed Saeed at the opening ceremony held in Dhuvaafaru.
Speaking at the inauguration, BML’s CEO Andrew Healy stated that commencement of state-of-the-art ATM services for the progress and development of the island was a great satisfaction to the company.
BML has established 29 branches, 76 ATMS and 3,900 POS, 177 cash agents and 16 self-service banking centres across the archipelago. The bank also operates five boat banking units for islands without BML branches, as well as online and mobile banking services.
The new ATM kiosks in Dhuvaafaru fall under BML’s ongoing investment project of MVR 300 million to expand those services.