CORPORATE BANKING
Empowering Businesses Across the Maldives
Tailored Banking Solutions for Corporates
Corporate Banking
Corporate Current Account
A full-featured business current account designed for corporations, government entities, and large organisations. Multi-signatory support, robust reporting, and seamless integration with our Corporate platform.
- Maker-checker multi-signatory authorisation
- Available in MVR and USD
- Dedicated relationship manager
- Bulk payment and payroll capabilities
- Comprehensive statement & reporting
Fees & Charges - Corporate Current Account
| Conditions | USD | MVR |
|---|---|---|
| Initial Balance Residents | 50,000.00 | 500,000.00 |
| Initial Balance Non-Residents | 50,000.00 | 500,000.00 |
| Minimum Ongoing Balance | 50,000.00 | 500,000.00 |
| Account closure fee | 10.00 | 150.00 |
| Service Charge | Negotiable | Negotiable |
| Below Minimum Balance Fee | Negotiable | Negotiable |
| Counter Deposit & withdrawal | Free upto threshold | Free upto threshold |
Requirements
For Locals
- Be at least 18 years of age
- Valid National ID or Passport
- Company Documents
For Foreigners
- Be at least 18 years of age
- Valid Passport with Visa stamp
- Proof of Residence
- Company Documents
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