Terms and Conditions

1.  The Kids’ Saver Promotion (the “Promotion) is only open to Bank of Maldives Plc (“Bank”) customers including Bank’s employees.

2. The Promotion shall be available from 16th October to 16th November 2022 (the “Promotion Period”).

3. All new customers who successfully open a Kids’ Saver account / BML Islamic Kids’ Saver account during the Promotion Period will be entitled for the Promotion.

4. MVR 200 shall be credited to the first 1,500 new customers who open Kid’s Saver account / BML Islamic Kids’ Saver account during the Promotion.

5. 50 lucky winners will be chosen by a lucky draw conducted at the end of the Promotion Period. Lucky draw will be conducted separately for customers and Bank employees taking part in the Promotion. From the 50 lucky winners 40 winners shall be chosen amongst customers, and 10 winners shall be chosen from Bank employees. Each lucky winner will receive a gift card worth MVR 2,500.

6. The details of the 50 lucky winners will be published on the Bank’s website. In addition, the winners shall receive a call from Bank’s phone number 3330200 to inform they had won the lucky draw.

7. In the event a lucky winner does not claim the winning prize within 10 working days from the date Bank informs the winners as stipulated in number 6 above, the winning shall be forfeited, and Bank shall be entitled, at its discretion to draw another winner. In such event, the initial winner shall have no further claims over the prize.

8. The winning prizes are non-transferable.

9. If a customer applying for Kids’ Saver account / BML Islamic Kids’ Saver account within the Promotion Period does not wish to participate in the Promotion, this must be notified in writing to the Bank at the time of application and the customer shall be excluded from the Promotion.

10. Participants of this Promotion have read and agree to be bound by these terms and conditions, official rules, regulation, and decisions of the Bank of Maldives Plc.

11. . The Bank reserves the right to determine at its sole discretion all matters arising out of or in connection with the Promotion, including participant’s eligibility for the Promotion. The Bank’s determination of all matters relating to this Promotion shall be final and binding and no correspondence will be entertained.

12. Unless otherwise stated, this Promotion is not valid with other offers, discounts, rebates, vouchers, privileges or promotions of the Bank.

13. Bank of Maldives reserves the rights to vary, modify, add, delete or otherwise revise any of the Terms and Conditions governing the Promotion or to terminate, withdraw, extend or shorten the Promotion at any time at the Bank’s sole and absolute discretion, with or without prior notice or reason.