The Bank of Maldives has imposed limits on Debit and Credit Cards on foreign transactions involving Maldivian Rufiyaa accounts on Wednesday. The Bank has cited reasons for the changing as being in response to COVID-19 pandemic.

Bank of Maldives has stated that they had to take but necessary step sustain it dollars outflow and prioritizing funding for TT’s for essential imports.

New limits on BML Debit and Credit cards for Foreign Transactions.

Please view the below links for more details.

Press release: https://t.co/YWTLmqix7a
FAQs: https://t.co/L5hpbBzakE pic.twitter.com/KCvxbJ1Xgl

— Bank of Maldives (@bankofmaldives) September 16, 2020

However, the bank has allowed a new low for to support the education and medical payments.

The new limits do not apply to customers using our USD Booking Portal and for withdrawals through our USD ATMs. pic.twitter.com/X6BbhczWS0

— Bank of Maldives (@bankofmaldives) September 16, 2020

Furthermore the bank has noted that do not apply for people whom does dollar bookings.