Bank of Maldives Plc Ltd Bank of Maldives Plc Ltd
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Savings Account

Whether you are looking to reach a goal or just a place to keep your money safe, make your savings go further with our savings account.


Key features

MVR AccountsUSD Accounts
Minimum Deposit & BalanceMVR 200USD 50
Earn Interest1.5% per annum1.00%-1.25% per annum
Debit CardsVISA Debit, American Express Debit & MastercardVISA Debit, American Express Debit & Mastercard
Cheque book Issuance Fee (per leaf)MVR 5USD 0.35

Note: If the number of debit transactions within a month exceeds 5, no interest is paid for that month. POS transactions will be excluded when counting the number of debit transactions. Interest is credited to Savings Accounts annually at the end of December.

VISA Debit Card for MVR accounts are available for Maldivians only. Expatriates can apply for VISA Debit Card for USD accounts

Please refer to our Schedule of Charges for full details on Interest calculations

Opening your account

If you are a new customer, book an appointment via our portal to visit Account Opening Centre. Or visit your nearest branch if you're outside Male'.

If you're registered for Internet Banking, log-in and open an additional account via the "Services" tab. 



Useful downloads

Account Opening Form - Personal Dhivehi / English
Account Opening T&C English