Streamlining Your Cash Management
Maldives Premier Bank Current Account
About Bank Current Account
| Conditions | USD | MVR |
|---|---|---|
| Initial Balance Residents | 250.00 | 5,000.00 |
| Initial Balance Non-Residents | 250.00 | 5,000.00 |
| Minimum Ongoing Balance | 250.00 | 5,000.00 |
| Closure Fee | 10.00 | 150.00 |
| Establishment Fee | 10.00 | 200.00 |
| Service Charge | 20.00 | 200.00 |
| Below Minimum Balance Fee | 5.00 | 75.00 |
| 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
Frequently Asked Questions
Current Accounts are available in MVR and USD.
MPB offers zero transaction fees for eligible banking transactions. Standard fees may apply to certain branch services — see the fee schedule for full details.
Yes — you have full access to your funds anytime via MPB branch.
Initial balance : USD 250 and MVR 5,000
