Bank of Maldives (BML) has introduced free cash withdrawals through their Cash Agents.
Previously, a fee of MVR 10 is required to withdraw from Cash Agents of BML.
The bank announced on Twitter that with the change today, customers in the atolls can now withdraw up to MVR 2,000 daily at all our Cash Agents using BML debit card without the transaction fee. Thus, eliminating the need to travel to our ATMs or branches for basic banking needs.
Cash Agents were introduced in 2014 to provide easy access to basic banking services at islands without our branches or ATMs.
Out of the 200 Cash Agents providing cash withdrawal services across the atolls, 40 of these agents now provide cash deposit and payment services as well.