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BML clarifies foreign transaction caps exclude routine subscription payments

The Bank of Maldives announced that subscription payments for commonly used services are excluded from its new foreign e-commerce spending restrictions, which cap individual transactions at 30 per month alongside a daily national spending limit. At a press conference on 1 June, President Dr Mohamed Muizzu said BML indicated that significant relief on the banking limits would be introduced from the end of this month.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures1as written, with their sentences

One outlet so far Only PSM News 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. Mon 1 Jun
    President Dr Mohamed Muizzu announced that the Bank of Maldives provided indications that significant relief regarding banking limits will … the President's Office 1 June only PSM News During a press conference held at the President's Office on 1 June, President Dr Mohamed Muizzu announced that the Bank of Maldives provided indications that significant relief regarding these banking limits will be introduced starting from the end of this month.

    Word for word from the report in PSM News. Open the report

Who said what

the reports' own quoted words, each once
  • We are proactively attending to subscription payments that have been declined for various reasons,

    Bank of Maldives PSM News Open the report (PSM News)

  • If your subscription payment has declined, please contact us directly, and we will immediately provide the appropriate solution,

    Bank of Maldives PSM News Open the report (PSM News)

How the reporting differs

one source so far
PSM NewsNews outlet

BML clarifies foreign transaction caps exclude routine subscription payments

30 per month Cap on individual foreign e-commerce transactions per month

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
  • 30 per month Cap on individual foreign e-commerce transactions per month PSM News The financial institution recently capped individual transactions on certain international e-commerce platforms to 30 per month, whilst establishing a strict daily spending limit for the entire nation.

    Word for word from the report in PSM News. Open the report

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Named in these reports

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