Bank of Maldives BML has introduced bulk payment services on Internet Banking for businesses to conveniently process large-scale payments for salary, allowance, bonus, dividend, pension, or any other multi-credit transfer requirements.

Once registered for the service, businesses can make bulk payments in MVR and USD automatically to multiple BML accounts.

Speaking about the new service, the Bank’s Corporate Banking Director, Ahmed Aseef said the Bank is pleased to move away from the manual process to an automated service for businesses that process multiple transfers.

He said that with this change, Internet Banking allows bulk payments of multiple types, flags duplicate records, and checks payment status of individual payments to offer a much more seamless process.”

“Digitalization is a key pillar in our strategy and with diligent focus on making banking better, we remain committed to delivering fast, relevant, and easy experiences for our customers. We have been the Bank to bring in many firsts to the country and we will continue to work with innovation partners to introduce cutting-edge technology solutions to our customers.”
Ahmed Aseef, BML's Corporate Banking Director

Businesses registered to Internet Banking can submit a request with supporting documents to register for this free service.