Initially launched for domestic use, the American Express Debit Cards can now be linked to USD accounts for foreign purchases online and overseas, up to a daily default limit of USD3,000.
Source: Bank of Maldives
Bank of Maldives (BML) has on 22 August 2022 announced that its American Express Debit Cards will now be accepted worldwide. Initially launched for domestic use, the American Express Debit Cards can now be linked to USD accounts for foreign purchases online and overseas, up to a daily default limit of USD3,000.
“As part of our long-standing partnership with American Express, we are pleased to extend our existing debit card product by providing acceptance at all American Express merchants worldwide. Today’s announcement underscores Bank of Maldives’ leadership in card issuance in the country as we continue to offer great benefits to our growing customer base.”
Divya Jain, Vice President, Global Network Services, India & South Asia, American Express added, “Bank of Maldives has been a valued partner for American Express in South Asia. The launch of the American Express Debit Card for international usage is a natural extension of our efforts to provide our Cardmembers in Maldives theflexibility of using their Card globally while catering to their lifestyle and spend behavior.”
According to BML, the existing American Express Debit Cardholders can request to set a USD account as the Card’s primary account via internet or mobile banking. Applications for new Cards can also be made online.
Bank of Maldives is the exclusive issuer and merchant acquiring partner of American Express Cards in the country. Bank of Maldives is also the largest Card issuing and acquiring bank in the country with over 300,000 customers and more than 7,900 merchants.
With a nationwide network of 35 branches across all 20 atolls, 81 Self-Service Banking Centres, 139 ATMs, over 200 agents and a full suite of Digital Banking services, Bank of Maldives continues supporting individuals, businesses, and communities across Maldives.
