BML Card Limits to be Eased Soon: President
MIMihaaru – 3 hours ago
Heads up!
This is an AI-generated summary and may contain inaccuracies. The original article should be consulted for complete accuracy.
President Dr. Mohamed Muizzu announced that the Bank of Maldives (BML) will soon ease the recently imposed limits on transactions with foreign e-commerce sites. The bank has been working to bring 'favorable changes' to the current limits for foreign e-commerce transactions, and customers are expected to benefit before the end of this month. The President indicated that BML will introduce further changes by the end of this week or early next week. Currently, travelers can transact up to $1,000 per month via POS, and up to $3,000 for airline tickets, hotel bookings, and hospital payments.