BML clarifies foreign transaction caps exclude routine subscription payments

Bank of Maldives clarified that routine subscription payments are excluded from recent restrictions on Maldivian Rufiyaa cards for foreign e-commerce. The bank had capped individual transactions to 30 per month and set a daily national spending limit due to a US dollar shortage. Public complaints about inability to process subscriptions prompted the clarification. The bank stated that subscription payments are not included in the daily limit and are not prohibited, though some are declined by merchants. The bank is investigating and encourages customers to contact them if transactions fail.

Bank of Maldives clarified that routine subscription payments are excluded from recent restrictions on Maldivian Rufiyaa cards for foreign e-commerce. The bank had capped individual transactions to 30 per month and set a daily national spending limit due to a US dollar shortage. Public complaints about inability to process subscriptions prompted the clarification. The bank stated that subscription payments are not included in the daily limit and are not prohibited, though some are declined by merchants. The bank is investigating and encourages customers to contact them if transactions fail.

Bank of Maldives clarified that routine subscription payments are excluded from recent restrictions on Maldivian Rufiyaa cards for foreign e-commerce. The bank had capped individual transactions to 30 per month and set a daily national spending limit due to a US dollar shortage. Public complaints about inability to process subscriptions prompted the clarification. The bank stated that subscription payments are not included in the daily limit and are not prohibited, though some are declined by merchants. The bank is investigating and encourages customers to contact them if transactions fail.

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