Bank of Maldives

BML inaugurates USD-dedicated ATM center

  • BML CEO Andrew Healy inaugurated the center, with three teller-machines.
  • This center is part of the bank's 'Aharenge Bank' campaign, where BML has uninterruptedly carried out sociable work in February.
  • 'Aharenge Bank' translates to 'My Bank' and is aimed at improving relations between the bank and the public.

Shan Anees
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K. Male' 2017 Feb 18 | Sat 20:15 3,544 business

Irish banker, Andrew John Healy is BML's Managing Director and CEO. - Mohamed Sharuhaan

The Bank of Maldives (BML) has opened an entire ATM center dedicated to US dollar deposit and withdrawal services.

The center is situated near the Artificial Beach, at the Eastern outskirts of Malé city, and has three ATMs. Customers can with upto USD 640 daily (in line with the Bank’s MVR 10,000 withdrawal cap). Customers can deposit USD 3,250 (MVR 50,000).

BML’s deputy CEO and Director of Operations, Mohamed Shareef, expressed that the bank always sets customer satisfaction as its top priority and that employees are dedicated to expanding their services, which have been in rising demand.

“We hope this center gives ease to our customers” Shareef said “Our numbers for the past year show that transactions of over 640,000 dollars had happened, this is around 220 million in Maldivian rufiyaa”.

Customers with USD-accounts have, in the past, had to use two ATMs at BML’s main branch, or take a ferry to the Velaana International Airport, which has another ATM.  

“Even now our network is larger than any bank in the country, and we only want to do better” he added.

Shareef added that the two ATMs providing USD services will not be operational, and reverted to only provide MVR deposit and withdrawal services by the 25th of February.

BML CEO Andrew Healy had inaugurated the center.

Last updated at: 2 weeks ago | Reviewed by: Aishath Shaany

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