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A digest of news and opinion from the Maldives.

BML

BML Disables Transactions on Skrill and Transferwise, Amid Dollar Shortage

BML Disables Transactions on Skrill and Transferwise, Amid Dollar Shortage

1 min read

Bank of Maldives (BML) has disabled transactions on foreign merchant websites due to the dollar shortage in the Maldives. From 16th December 2020, BML card transactions will be disabled on selected foreign online money transfer and digital wallet services including Skrill and Transferwise. The measure is being taken in light of a time where dollar […]

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BML signs with Corporate Maldives as the Platinum Partner of “Gold 100”

2 min read

Bank of Maldives has today signed an agreement with the publishers of Corporate Maldives as the Platinum Partner of the “Gold 100” Awards for leading businesses in the country. This is the second year in a row in which the Bank has partnered with the local business publication “Corporate Maldives” to present these awards. As […]

BML unveils new ATM in Hulhumale’

BML unveils new ATM in Hulhumale’

2 min read

Bank of Maldives unveiled new ATM located in the Tree Top Hospital at Hulhumale’. Customers can now deposit, withdraw and transfer cash at the 24Hr self-service ATM. This was part of the leading bank’s effort to expand their network and provide service to the maximum number of customers. According to BML, Installation of this ATM […]

Bank of Maldives to host major Asian banking conference in 2018

Bank of Maldives to host major Asian banking conference in 2018

2 min read

Bank of Maldives (BML) is to host a major regional banking conference in the Maldives next year. The Asian Bankers Association (ABA) has announced that its 35th General Meeting and Conference will be held in Kurumba Maldives in November 2018. With 80 member institutions across 25 Asian countries, the ABA works to advance the interests […]

BML supports community in Fares Mathoda with new ATM

BML supports community in Fares Mathoda with new ATM

2 min read

Bank of Maldives has opened a new Self Service ATM in GDh. Fares Mathoda as part of its commitment to supporting local communities. In addition to the usual cash withdrawal facilities, the new ATM will support local individuals and businesses to deposit and transfer money on a 24/7 basis. It is part of the Bank’s […]

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Police search for man stealing undeposited money at ATM

2 min read

From the footage released by the police — a man is seen retrieving money deposited by another individual after the ATM rejected his money. Maldives Police Service revealed on Tuesday that it is looking for a man who stole money belonging to someone else, that was left in a Bank of Maldives (BML) ATM. The […]

Bank of Maldives honors long service employees

Bank of Maldives honors long service employees

2 min read

Bank of Maldives (BML) held an event to celebrate and recognize the loyalty of its long-serving employees. In an intimate ceremony held at the Champa Central Hotel on 6th November, CEO of BML, Mr Andrew Healy gave awards to those staff who have worked for 15, 20, 25, 30 and 35 years. A total of […]

Bank of Maldives to go paperless for ATM withdrawals

Bank of Maldives to go paperless for ATM withdrawals

2 min read

Bank of Maldives (BML), the leading financial institution in Maldives announced that starting from November 8 customers will be receiving only digital receipts for ATM withdrawals. Although customers will not receive a paper receipt for withdrawals, for other services such as deposits, transfers and payments made through ATM, a paper receipt will be received. Using […]