BUSINESS BANKING
Empowering Businesses Across the Maldives
Empowering Business Growth Through Better Banking
BUSINESS BANKING
Business Current Account
Streamlined banking for small and medium enterprises. Get started quickly with simplified documentation and access to all the tools your business needs to grow.
- Simplified onboarding process
- Local payment capabilities
- Competitive fee structure
Fees & Charges - Business Current Account
| Conditions | USD | MVR |
|---|---|---|
| Initial Balance Residents | 5,000.00 | 100,000.00 |
| Initial Balance Non-Residents | 5,000.00 | 100,000.00 |
| Minimum Ongoing Balance | 5,000.00 | 100,000.00 |
| Account closure fee | 10.00 | 150.00 |
| Service Charge | 200.00 | 2000.00 |
| Below Minimum Balance Fee | 35.00 | 500.00 |
| Dormant fee | 5.00 | 75.00 |
Requirements
For Locals
- Be at least 18 years of age (minors can open accounts with consent of parents)
- Valid National ID or Passport
- Original Family Book
For Foreigners
- Be at least 18 years of age
- Valid Passport with Visa stamp
- Proof of Residence
- Proof of Employment
Note: The Bank may revise the above interest rate and Terms & Conditions from time to time, at its sole discretion, without prior notice to customers
