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Changes to Foreign Transactions Limits

What is the new limit?

Why there is a limit for foreign transactions?

The local economy has been hard hit as a result of the coronavirus pandemic. As a result, there has been a significant reduction in foreign currency inflow to the country and the Bank has had to take immediate steps to ensure we can continue to support essential dollar requirements for key imports and overseas medical and education payments

Is this a temporary change?

This is a temporary measure taken to manage within the current environment, which will be reversed when the situation allows. The change will not impact 95% of the Bank’s customers.

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Useful downloads

FAQ - Change to limits on BML credit cards for foreign transactions Dhivehi / English