Bank of Maldives enables bulk payment services for businesses

Bank of Maldives has enabled its Bulk Payment services for businesses to conveniently process large-scale payments in bulk, including salaries, allowances and dividends.

Designed to improve efficiency, the service allows businesses to adopt and benefit from automated bulk payments in both MVR and USD directly to multiple BML accounts.

Commenting on the service, the Bank’s Chief Business Officer, Moosa Nimal said, “The ability to process bulk transactions digitally is an important step towards supporting businesses in their operations, making payments faster, more secure, and hassle free. This is a part of our continued focus on offering simple and effective solutions that meet the evolving needs of our customers.”

Bank of Maldives remains committed to empowering individuals, businesses, and communities across the nation through innovative and sustainable initiatives.