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Introducing new services for MIB's business customers. Dhauru Photo/ Abdullah Anoof Junaid

MIB digitalises business account opening

The bank has decided to hold the event every year in the future.

20 July 2024

By Aishath Fareeha Abdulla

Maldives Islamic Bank (MIB) has introduced new services for its business customers.

MIB launched digital business account opening service as well as Sharia compliant overdraft service for businesses at a ceremony held at Meeruma Event Hall on Thursday evening.

MIB is always working to expand its services to businesses and improve the quality of service.

Thus:

  • MIB's Business Banking Branch will be open from 8:30 am to 4 pm

  • The Business Expense Card, which was introduced to make it easier for businesses to manage their expenses, has been expanded with customer feedback

  • Salaries can be deposited into any bank via salary code for faster processing of payroll

  • Along with the bulk transfer service, a payment scheduling service was also introduced

  • Business customers can use Favara for bulk transfer services

MIB also held an open day on Thursday to provide information on its services to its business customers. The bank has decided to hold the event every year in the future.

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