Bank of Maldives has enabled its Bulk Payment service, allowing businesses to conveniently process large-scale payments such as salaries, allowances and dividends in a single transaction.
The service is designed to improve efficiency by enabling automated bulk payments in both MVR and USD, directly to multiple BML accounts.
Commenting on the launch, Bank of Maldives Chief Business Officer Moosa Nimal said the digital bulk payment facility will help businesses make payments faster, more secure and hassle-free, while supporting their day-to-day operations.
Bank of Maldives said the new service is part of its ongoing efforts to provide simple and effective banking solutions, reaffirming its commitment to empowering individuals, businesses and communities across the country.
The service is designed to improve efficiency by enabling automated bulk payments in both MVR and USD, directly to multiple BML accounts.
Commenting on the launch, Bank of Maldives Chief Business Officer Moosa Nimal said the digital bulk payment facility will help businesses make payments faster, more secure and hassle-free, while supporting their day-to-day operations.
Bank of Maldives said the new service is part of its ongoing efforts to provide simple and effective banking solutions, reaffirming its commitment to empowering individuals, businesses and communities across the country.
