Bank of Maldives (BML) today announced that a monthly USD ATM withdrawal limit of USD 3,500 per customer will take effect from 1 October 2026. It also said that the existing daily limit of USD 1,600 per card remains unchanged.
The Bank said that the move reflects BML's broader direction: a steady transition away from reliance on physical cash towards faster, safer and more convenient digital payments and a more efficient financial system for all Maldivians.
The Bank has invested significantly in digital channels that make everyday banking possible without cash.
BML said that customers can pay, transfer, and manage their money anytime, anywhere through BML Mobile Banking and Internet Banking, make card and contactless payments at merchants across the country and abroad, and send funds instantly to other accounts.
