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BML sets monthly dollar withdrawal limit at $3,500 via ATMs
Bank of Maldives announced a $3,500 monthly limit on US dollar cash withdrawals via its ATMs starting October, the first such monthly cap on dollar ATM withdrawals by the national bank. Daily ATM withdrawals of up to $1,600 remain unchanged, with BML describing the move as part of its digital-first banking strategy to reduce reliance on cash.
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Raajje (English)News outlet
BML sets monthly dollar withdrawal limit at $3,500 via ATMs
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$1,600Daily US dollar ATM withdrawal limitRaajje (English)customers can still withdraw up to $1,600 per day using an ATM card, as was previously the case.
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