Bank of Maldives Establishes First USD ATM in Kulhudhuffushi City

Bank of Maldives (BML) has expanded its ATM services in Kulhudhuffushi City with the installation of the city's first US Dollar ATM, enhancing financial accessibility for residents and businesses. The new ATM, located at the BML branch premises, was officially inaugurated by Minister of Tourism and Environment Thoriq Ibrahim and BML CEO and Managing Director Mohamed Shareef.

The USD ATM provides 24-hour access to foreign currency transactions, allowing customers to deposit and withdraw US dollars, along with other self-service banking functions outside regular banking hours. This development marks a significant milestone for Kulhudhuffushi, which previously had access only to Maldivian Rufiyaa ATMs. The newly installed machine complements the four existing MVR ATMs operating at two different locations in the city.

Speaking at the inauguration, BML CEO Mohamed Shareef emphasized the bank’s commitment to improving financial services across the country. BML is the bank for all Maldivians. We are a partner in your progress. Every service we introduce and every change we make is for one purpose – to serve you better,” he stated.

With the addition of the Kulhudhuffushi USD ATM, BML continues to expand its foreign currency banking network, which already serves customers in Addu, Malé, Hulhumalé, Velana International Airport, and Maafushi. The expansion aligns with the bank’s strategic efforts to strengthen its position as the leading financial institution in the Maldives.

BML currently operates an extensive banking network with 39 branches across all 20 atolls, 100 Self-Service Banking Centres, 158 ATMs, Agent Banking Services, and advanced Digital Banking solutions, ensuring financial inclusion for communities nationwide.