Telegraphic Transfer
13 articles
Latest
Business"No obstacles to conducting online transactions now"
Economic Minister Mohamed Saeed announced that Bank of Maldives has resolved previous obstacles to online transactions and e-commerce caused by the dollar shortage. The bank is also working to restore full capacity for telegraphic transfers and foreign currency issuance as the government manages unprecedented debt repayment obligations.
NewsFraudster serving 109-year sentence transferred to house arrest
Hassan Shifau, sentenced to 109 years for a multi-million dollar fraud and money laundering scheme, has been moved from prison to house arrest. The Maldives Correctional Service cited a medical condition as the reason for the temporary transfer. Shifau must still pay a MVR 7 million fine and compensate victims within one year.
News
No solution in sight for the US dollar crisis: Nasheed
Business
BML fails to resolve USD transfer and TT issues despite deadline
Business
Businesses face challenges in securing dollar support from BML
Business
Dollar transfers will return to normal within next week: BML
Business
BML TT delays threaten businesses and international trade ties
Business
BML admits challenges in processing TTs due to USD shortage
Business
Businesses face losses as TTs through BML take weeks to process
News
"TTs and card transactions failing despite increased limits"
News
Enforcement alone cannot fix USD crisis, warns economic expert
Business
BML boosts USD supply for TTs for three weeks
Business