Bank of Maldives BML announces changes to its USD ATM monthly withdrawal limit.

The Bank said via Twitter that from today onwards, it has removed the monthly USD ATM withdrawal limit of USD 2,000.

BML further said that customers can now withdraw USD 1,600 daily from its USD ATMs.

The Bank also said that customers who have set their USD dollar accounts as primary accounts can make daily transactions worth USD 3,000 abroad via their debit cards.

BML added that customers can use their USD accounts for international money transfers via mobile and internet banking platforms.

The Bank had set the USD ATM withdrawal limit back in 2020 but would ease the dollar market with its removal.