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BML increases monthly foreign transaction limit to USD 500

Bank of Maldives announced it is raising the monthly foreign transaction limit on its debit cards to USD 500 per month from 1 July 2025, while setting overseas ATM cash withdrawals at USD 125 per month with a USD 10 withdrawal fee. From the same date, the bank will charge a transaction fee of up to 30 percent on MVR debit card purchases on selected e-commerce sites such as Temu, Shein and Alibaba, and says limits will be reset from the 1st of every month.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures4as written, with their sentences

One outlet so far Only Avas (English) 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 1 Jul
    BML increased the monthly foreign transaction limit for its debit cards to USD 500 per month. effective 1 July 2025 only Avas (English) newest Bank of Maldives (BML) has announced an increase in the monthly foreign transaction limit for its debit cards to USD 500 per month, effective 1 July 2025.

    Word for word from the report in Avas (English). Open the report

  2. Tue 1 Jul
    A transaction fee of up to 30 percent starts being charged on purchases on selected e-commerce sites using MVR debit cards. Effective 1st July 2025 only Avas (English) Effective 1st July 2025, a transaction fee up to 30 percent will be charged for purchases on these selected e-commerce sites.

    Word for word from the report in Avas (English). Open the report

How the reporting differs

one source so far

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 500 per month Monthly foreign transaction limit for debit cards Avas (English) Bank of Maldives (BML) has announced an increase in the monthly foreign transaction limit for its debit cards to USD 500 per month, effective 1 July 2025.

    Word for word from the report in Avas (English). Open the report

  • USD 125 per month Overseas ATM cash withdrawal limit for debit cards Avas (English) ATM cash withdrawal overseas will be USD 125 per month for debit cards and the fee for cash withdrawal overseas will be USD 10.

    Word for word from the report in Avas (English). Open the report

  • USD 10 Fee for cash withdrawal overseas Avas (English) ATM cash withdrawal overseas will be USD 125 per month for debit cards and the fee for cash withdrawal overseas will be USD 10.

    Word for word from the report in Avas (English). Open the report

  • up to 30 percent Transaction fee on purchases on selected e-commerce sites Avas (English) Effective 1st July 2025, a transaction fee up to 30 percent will be charged for purchases on these selected e-commerce sites.

    Word for word from the report in Avas (English). Open the report

Subjects

sectors and approved topics, alphabetical