Debit_card - The Edition

Debit Card

USD transfers will return to normal next week: BML

19 Sept 2026

No extra fees charged for ATM withdrawal for students abroad

10 Sept 2026

BML and Mastercard partner to offer MVR 100,000

6 Jul 2026

BML denies allegations of charging hidden fees

21 Apr 2026

Changes made to debit card limits set since Covid

15 Dec 2025

Debit card USD transactions limit to increase to USD 1,000

23 Sept 2025

Withdrawal limits unchanged for Maldivians living abroad

1 Jul 2025

BML allocates over USD 45mn monthly for foreign transaction

30 Jun 2025

USD transfers will return to normal next week: BML

19 Sept 2026

No extra fees charged for ATM withdrawal for students abroad

10 Sept 2026

BML and Mastercard partner to offer MVR 100,000

6 Jul 2026

BML denies allegations of charging hidden fees

21 Apr 2026

Changes made to debit card limits set since Covid

15 Dec 2025

Debit card USD transactions limit to increase to USD 1,000

23 Sept 2025

Withdrawal limits unchanged for Maldivians living abroad

1 Jul 2025

BML allocates over USD 45mn monthly for foreign transaction

30 Jun 2025

BML

BML named Platinum sponsor for World Travel Awards Asia

Visit Maldives stated that the WTA is making a comeback to Maldives after 10 years, and that the ceremony has become an important event where world leaders in the tourism industry meet in one place.

25 Sept 2026

Umar Shan Shafeeq

Government repayment of T-bill unrelated to BML, bank says

20 Sept 2026

USD transfers will return to normal next week: BML

19 Sept 2026

Over 70 transactions per second as E-commerce limits reset

14 Sept 2026

BML offers accounts and loans per Islamic banking principles

13 Sept 2026

Credit Card

BML Credit Card limits to be increased from February onwards

President Dr Mohamed Muizzu announced that under the government's efforts to increase dollar usage limit on credit cards, the dollar usage limit on BML Classic credit cards will be increased from USD 750 to USD 1400 from February 1, 2026 onwards.

29 Sept 2025

Mariyath Mohamed

Maldives issued 1.2 million bank cards in 23 years

28 Oct 2023

Dollar

Attempt to traffic MVR 3.8 mn in foreign currency stopped

Police said they found foreign currency from 18 different countries, including USD 174,161, EUR 56,760 and GBP 1,815, with the total being around MVR 3.8 million.

19 Sept 2026

Umar Shan Shafeeq

Advice against USD exchange with unlicensed parties

9 Sept 2026

Investigation into 27 illegal forex dealers, one arrested

9 Sept 2026

Police request details of illegal foreign currency trading

2 Sept 2026

Police search office of firm accused of illegal dollar sales

1 Sept 2026

Banking

Banks to increase MVR reserves held at MMA

MMA said its board had decided to reduce surplus rufiyaa liquidity by increasing the minimum reserve requirement (MRR) and expanding open market operations (OMO).

7 Aug 2026

Malika Shahid

Asian Bankers Association annual meeting in Maldives

31 Jul 2026

Favara-UPI linked, allowing instant transfers to India

30 Jul 2026

Bank income tax revenue up 160 percent

12 Jul 2026

BML and Mastercard partner to offer MVR 100,000

6 Jul 2026

mihaaru.com

Debit Card

USD transfers will return to normal next week: BML

No extra fees charged for ATM withdrawal for students abroad

BML and Mastercard partner to offer MVR 100,000

BML denies allegations of charging hidden fees

Changes made to debit card limits set since Covid

Debit card USD transactions limit to increase to USD 1,000

Withdrawal limits unchanged for Maldivians living abroad

BML allocates over USD 45mn monthly for foreign transaction

USD transfers will return to normal next week: BML

No extra fees charged for ATM withdrawal for students abroad

BML and Mastercard partner to offer MVR 100,000

BML denies allegations of charging hidden fees

Changes made to debit card limits set since Covid

Debit card USD transactions limit to increase to USD 1,000

Withdrawal limits unchanged for Maldivians living abroad

BML allocates over USD 45mn monthly for foreign transaction

BML

BML named Platinum sponsor for World Travel Awards Asia

Government repayment of T-bill unrelated to BML, bank says

USD transfers will return to normal next week: BML

Over 70 transactions per second as E-commerce limits reset

BML offers accounts and loans per Islamic banking principles

Credit Card

BML Credit Card limits to be increased from February onwards

Maldives issued 1.2 million bank cards in 23 years

Dollar

Attempt to traffic MVR 3.8 mn in foreign currency stopped

Advice against USD exchange with unlicensed parties

Investigation into 27 illegal forex dealers, one arrested

Police request details of illegal foreign currency trading

Police search office of firm accused of illegal dollar sales

Banking

Banks to increase MVR reserves held at MMA

Asian Bankers Association annual meeting in Maldives

Favara-UPI linked, allowing instant transfers to India

Bank income tax revenue up 160 percent

BML and Mastercard partner to offer MVR 100,000

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