BML introduces Bulk Payment services for businesses

Bank of Maldives (BML) has introduced Bulk Payment services for businesses, providing ease in processing large-scale payments, such as salaries, allowances and dividends.

BML stated that the introduction of this service, available for both MVR and USD payments, would improve efficiency for businesses in making automated payments to multiple BML accounts. 

“The ability to process bulk transactions digitally is an important step towards supporting businesses in their operations, making payments faster, more secure, and hassle free," said Moosa Nimal, BML's Chief Business Officer.

"This is a part of our continued focus on offering simple and effective solutions that meet the evolving needs of our customers."

BML reiterated its commitment towards empowering individuals, businesses and communities through innovative services.