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Bank of Maldives sounds alarm after 100 plus cards taken overseas to exploit POS USD limits

Bank of Maldives warned that raised international debit card limits, introduced on 11 November 2025, are being systematically misused, citing a case where a single household carried more than 100 cards abroad to extract foreign currency through one foreign POS terminal. The bank said identified misuse cases will be reviewed and forwarded to relevant authorities, and warned continued abuse could force it to tighten or remove the benefits.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures3as written, with their sentences

One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates
  1. Tue 11 Nov
    Bank of Maldives raised international spending limits for Rufiyaa debit cards. on 11 November 2025 only The Standard The Bank’s announcement came shortly after raising international spending limits for Rufiyaa debit cards on 11 November 2025

    Word for word from the report in The Standard. Open the report

How the reporting differs

one source so far
The StandardNews outlet

Bank of Maldives sounds alarm after 100 plus cards taken overseas to exploit POS USD limits

USD 1,000 Monthly overseas POS spending limit for Rufiyaa debit cards

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • USD 1,000 Monthly overseas POS spending limit for Rufiyaa debit cards The Standard customers can now spend up to USD 1,000 monthly on overseas POS transactions and up to USD 3,000 on air tickets, hotel bookings, and medical payments.

    Word for word from the report in The Standard. Open the report

  • USD 3,000 Limit on air tickets, hotel bookings and medical payments The Standard customers can now spend up to USD 1,000 monthly on overseas POS transactions and up to USD 3,000 on air tickets, hotel bookings, and medical payments.

    Word for word from the report in The Standard. Open the report

  • more than 100 Debit cards carried abroad by individuals from a single household The Standard the Bank has documented cases where individuals from a single household carried more than 100 debit cards abroad and pushed thousands of dollars through a specific foreign POS terminal.

    Word for word from the report in The Standard. Open the report

Subjects

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