Credit/Debit Cards | Atoll Times

Credit/Debit Cards

BML says overseas students exempt from card limits

BML spokesperson Mohamed Saeed said the bank’s revised transaction limits would not apply to student and resident cards issued for customers living overseas.

500 Dubai shop transactions raise concern over BML card use

Shareef stated that action would be taken in cases where the dollar limit is used in this manner.

BML raises loan age limit to 75 years

Until now, loans were issued on a maturity basis tied to a maximum borrower age of 60 years.

Nasheed calls for public awareness on economic challenges

The bank said in a press release that the dollar transactions on bank cards are three times higher than the dollar revenue received by the bank.

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Maldives central bank flags hike in credit card debt

There are also many cases of credit card defaults.