The Bank of Maldives Plc Ltd (BML) on Tuesday (November 11) announced plans to introduce ATMs to withdraw and deposit US dollars.
At a press conference, BML CEO Andrew Healy said that the ATMs would initially be installed at the ground floor of the bank’s main headquarters in Malé.
“The introduction of US Dollar ATMs will represent an obvious and important way of tackling those queues and will provide a convenient way to access dollars for our customers,” he told the press yesterday.
“I expect the service to be very popular. Our first dollar ATM will be up and running in our Headquarters building before the end of the year.”
He added that BML customers could also deposit, make payments, pay utility bills and make loan or credit card payments from existing ATMs.