@HKurusee If the bank publicly claims limits have been increased, but customers experience tighter usable limits in practice, this creates confusion and frustration. Transparency and clear communication are essential when making changes that directly affect people’s financial access.
@HKurusee Not every1 travels abroad every week or every mnth. For most customers, overseas spending happens occasionally — whether for online purchases, education payments, medical needs, or travel. Structuring the limit in this way effectively reduces practical access to the promised amnt
@ahmed_ninete@HKurusee In a democracy, the real power belongs to the citizens. Elections are the moment when the public can send a clear message. If institutions are not acting in the people’s best interest, the ballot box is where accountability happens.
@HKurusee Customers deserve clear communication and full disclosure on how their funds are being calculated and debited. Maldivians deserve transparency, consistency, and lawful financial practices. @bankofmaldives@MMuizzu@MMA_Maldives
@HKurusee Cross-border or exchange markups typically apply when converting between different currencies (for example, INR to MYR), not when paying in the same foreign currency (USD to USD).
@HKurusee Applying a blanket 10% markup under the label of cross-border fees, especially without transparent public disclosure and clear breakdowns, raises questions about compliance with regulatory exchange rate limits and consumer protection standards.
@HKurusee BML may argue that this is a “cross-border fee.” However, when a transaction is made directly in USD, there is no currency conversion involved.
@AdhadhuMV Transparent disclosure is essential to maintain public trust and ensure customers clearly understand how their foreign transaction limits are calculated and enforced.
@bankofmaldives@MMA_Maldives@MMuizzu
@AdhadhuMV BML should provide clear, transparent communication regarding:
•Whether limits are per card or combined across cards
•Whether limits are separated by online and POS categories
•The exact monthly cap structure applied to each customer
@AdhadhuMV Now, it appears that even customers with three cards are collectively restricted in a way that provides no practical advantage over holding a single card.