Mobile Banking - Mobile banking & transactions

Our newly launched BML Mobile Banking app is designed to be user-friendly, safe, and secure for all your daily banking requirements. Apart from enabling you to manage your accounts and cards, we have added new functionalities such as access to joint and business profiles, Quick Pay for transfers without the need to save a contact, generating receipts for previous transactions, and various helpful support features. You can also send and receive messages, handle your cards, and apply for services directly through the application.

To utilize the BML Mobile Banking app, registration for Internet Banking is necessary.

About us

Bank of Maldives (BML) is the leading financial institution in Maldives. We are a full service bank offering the complete spectrum of personal, business and corporate financial services. 

We are privileged to touch the lives of almost every citizen and business in Maldives through our extensive network of branches, agents, relationship managers and online banking facilities. This privilege brings with it great responsibility which we take extremely seriously. 

We understand that we play a pivotal role as an engine of growth and a partner for success for thousands of individuals, families and businesses. Our aim is to actively participate in community development and to create long-term value for our shareholders. 

We are firmly focused on being a professionally managed,  customer-oriented organization which follows international best practices.

Vision

We aspire to be the bank of choice in Maldives. 

We will deliver results through excellent service while being an accessible, responsible and sustainable business.

Strategic focus

We aspire to continue to be the bank of choice In Maldives. We will deliver results through excellent service while being an accessible, responsible and sustainable business. 

Our strategic focus areas:

Sustainability

Treat customers fairly 

Digitalization 

Business strengths

Solid Financial Platform

Deposit base MVR 32.03 billion 

Assets MVR 48.4 billion

Strong capital position well above regulatory requirement

Strong Customer Base

Over 365,000 customers

Leading market share in Retail, Corporate and SME segments 

Market leader in self-service banking with largest number of online banking and ATM users

Leadership in Innovation

First to launch POS services in Maldives 

First to launch Internet and Mobile Banking

First to launch cash and cheque deposit machines

Leadership in Service Delivery

Largest network of branches, Agents, ATMs and POS terminals in Maldives 

Exclusive acquirer and issuer of American Express cards in Maldives

Principal member in the Maldives for Visa and MasterCard

Experienced and Dedicated Team

Largest employer in the banking sector with over 1000 dedicated employees 

99% of our employees are locals with almost one third employed in the Atolls

Strong executive leadership team with experience across many countries and banking markets

Foreign Currency Support to Maldivians

Medical and Educational purposes

Bank of Maldives provides foreign currency support to Maldivians traveling abroad for medical and education purposes based on US Dollars allocated to the Bank by the Maldives Monetary Authority (MMA).

Eligibility criteria for these requests detailed below are set in line with MMA’s guidelines.

Sale of Foreign Currency

USD Support for Medical Purposes

Request Timelines for Medical Foreign Currency Support

All requests must be submitted via the Mobile Banking App or Internet Banking message according to the following timelines:

Cash Requests:

Medical covered under Aasandha: 2 working days prior to departure date

 Medical treatments outside Aasandha and NSPA: 3 working days prior to departure date

Account Transfer Requests:

Medical covered under Aasandha: 1 working days prior to departure date

Medical treatments outside Aasandha and NSPA: 2 working days prior to departure date

Customers may request to receive medical foreign currency as a credit to their account, and conveniently withdraw cash from our USD ATMs.

Payments may be credited directly to the account of:

The patient

Immediate family member (parents, siblings, spouse, or children)

Guardian

A designated caretaker

Customers may also request to receive USD funds in cash.

Important Notes on Crediting to a Third-Party Account:

If the USD amount is being deposited to the account of a family member, guardian, or designated caretaker, the following must be provided:

A valid travel ticket and proof of relationship with the patient

Caretaker details must be submitted by the patient, or by an immediate family member or the patient’s guardian through a signed declaration or via internet banking message.

1. Medical covered under Aasandha

Customers who are travelling for medical treatments via Aasandha

Maximum amount: up to USD 2,000

Required documents:

Approval document from Aasandha

Ticket copy of patient

Passport copy of patient