Foreign Transactions Limits

Yes, the new limit of USD 750 will be applicable for business cards.

The new limit for Classic and Gold Credit cards is USD 750. This includes American Express (Green/Gold), Visa (Classic/Gold) and Mastercard (Standard/ Gold). This limit is applicable from 17th October 2021, for every 30-day period.

No. Debit cards linked to MVR accounts will continue to have a limit of USD 250 per month, per card. Customers living overseas will have an increased limit of USD 750 per month, per card

No, the new limit will only be applicable for foreign transactions made from BML cards including online, POS and ATM withdrawals overseas. You can continue to withdraw USD 1,600 daily from our USD ATMs.  

If the primary account for your card is a USD account, you can make payments up to USD 3,000 daily as normal. Overseas ATMs, POS and online transactions can also be made up to USD 3,000 daily.   

You can withdraw up to USD 750 per month. There is no separate limit for use on POS or at ATMs and you can withdraw cash or make online or POS transactions up to the monthly limit. Please note that cross border charges will be deducted for foreign transactions from this limit, as outlined in the Schedule of Charge.

Yes, you can request to increase the card limit to make payments in the following situations: 

• Education, eg university/college payments 
• Medical related payments

To increase the card limit, send a request with all supporting documents through Internet Banking. Select “Temporary Card Limit” from the dropdown menu for Service Type. We will  process your request within 24 hours and call you once your limit has been increased

You may use your credit card up to the maximum card limit for local purchases. For foreign online transactions, however, the limit for Classic and Gold Credit cards is USD 750.

To use your card in excess of the limit, pay to your credit card in USD and send a request via Internet Banking by selecting “Temporary Card Limit” on the Service Type dropdown menu. We will process this within 24 hours and call you once the limit is temporarily increased for your transaction to be completed.

For existing customers, we will not be able to issue new debit cards or additional/supplementary credit cards to use for foreign transactions. If you do not have a debit or credit card and you are eligible for one, you can apply via Internet Banking.   

Yes, you may change your primary account to link your debit card to a USD account by sending a request through Internet Banking. On your request, please indicate whether you would like this to be a temporary or a permanent change. 

No, customers traveling abroad can book up to USD 500 as before from our USD booking portal.

Customer with debit cards linked to a USD account as a primary account can continue to use cards for foreign payments within the normal limit. The Bank also continues to support individuals and businesses to make overseas money transfers through TTs.  

No, customers can continue to receive incoming payments (TTs) from overseas. The new limits only applies to local BML debit and credit cards used for foreign transactions.