BML
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BusinessBML card limits average less than $60 per customer
Bank of Maldives' monthly limit for MVR cards averages less than $60 per customer due to a $16 million cap on foreign e-commerce transactions. While the official $500 allowance remains, the reduced dollar supply makes it nearly impossible for all 300,000 active users to reach that limit before daily sector caps are exhausted.
BusinessBML faces backlash as foreign transaction limits exhaust at reset
Bank of Maldives is facing public backlash as customers report that foreign transaction limits are exhausted immediately upon daily reset. Despite a $16 million monthly ceiling, users are unable to process e-commerce payments even at the scheduled 7:00 am reset time, leading to accusations that the bank is misleading the public.
Business
BML admits challenges in processing TTs due to USD shortage
Business
BML imposes restrictions with USD 16 million limit for e-commerce
Business
BML reports higher profit despite revenue dip in Q2
Business
BML to purchase USD with 25 percent profit
Business
BML to construct additional 710 housing units
Report
Is BML's 'CCC-' rating a win?
Business
BML faces backlash after blaming merchants for failing payments
News
BML files complaint against Adhadhu over dollar support article
Business
BML dollar controls to be eased by end of June
Business
BML seeks USD 300 million in sukuk to ease liquidity crunch
Business
Finances managed well despite no CFO: BML
Business
Concern as BML operates without CFO for six months!
News
BML amends terms to include consent for accessing travel data
News
BML sparks privacy outcry over Immigration data access
Business
BML collaborates with Immigration to stop misuse of cards
Business
BML fixes a daily budget for e-commerce sites
Business