The country’s national bank, Bank of Maldives has introduced a temporary increase in the ATM Cash Deposit Limit for customers.
Taking to Twitter on Wednesday, the bank revealed that the temporary rise will help their personal as well as business customers to reduce ATM visits.
Highlighting that the bank’s branches and service centers remain closed during the lockdown, BML noted that they are currently identifying measures that can be implemented to navigate the Covid-19 situation better.
As such the temporary increase in daily ATM Cash Deposit Limit will allow deposits between MVR 50,000 to MVR 100,000 for personal customers and MVR 200,000 to MVR 500,000 for business customers.
The bank remains closed to ensure the safety of customers as well as their staff, however, essential banking services will be provided on working days so that customers can bank online through internet banking, mobile banking or MobilePay while staying home.
Safeguarding the health and safety of our customers and employees remain our priority. All our branches and service centres remain closed and we encourage our customers to bank from home for everyday banking during the lockdown period enforced by the government.”Bank of Maldives
Further, the bank stated that requests for services including loans will be processed during working days and that there might be a delay, due to the current situation.
Customers have been urged to contact BML through SMS at 7990200 or 9990200 or viae-mail.
