If you are looking for a full range of banking solutions, our Business Current Account is the right solution for you. Designed to be customizable for your business banking requirements, we offer an array of payment services and platforms for our business customers to bank conveniently and facilitate seamless local and international transactions.
Who can open Business Accounts with BML?
Any business entity registered in the Maldives can open an account with BML including sole proprietors, partnerships, companies as well as foreign investment companies.
Businesses can digitally create and open their first account without needing to visit a branch.
The following business entities registered with the Ministry of Economic Development (MED) can apply:
Businesses with entities as shareholders or secretaries and other types of businesses/entities including partnerships and cooperative societies will need to visit a branch or Male’ Business Centre to open an account.
Step 1
Complete application forms and the required checklist of documents.
Step 2
Once all documentation is complete as per provided checklists, you can proceed to book an appointment from the appointment portal. Appointment slots are available for next 10 working days. If appointments are full, please try again for the next working day.
Once an appointment is successfully made, you will receive an SMS and email with your appointment time to visit the Bank. For business account opening customers, we will send you an email detailing the documents required when visiting us.
All signatories shall be present at a convenient branch or Service Centre to provide specimen ink signatures.
Step 3
If all documents are in order the account will be activated in 2 working days
*based on the findings of submitted documents, if enhanced due diligence need to be conducted, an additional 5 working days may be required.
| Account Opening Form - Business and Institutions | English / Dhivehi |
| Information Form - Business & Institutions | English |
| Account Opening T&C | English / Dhivehi |
| Checklist for account opening - Account Opening & Information Form - Business & Institutions | English |
| Business Internet Banking Application Form | English / Dhivehi |
| FAQ - Current Account (Business) | English / Dhivehi |
| FAQ - Business Onboarding | English |
| Online Onboarding - Sample Board Resolution - Company | English |
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