Service Notification

09 Mar 2023

Ref No: MCB/AUCTION/2023/48

Pursuant to the decision of the Civil Court of Maldives under the enforcement judgement no: 355/CV-C/2021, The Mauritius Commercial Bank (Maldives) Pvt Ltd (the “Bank”) has been given the permission to sell the below described mortgaged asset to the Bank (the “Property”).
15 Mar 2023

Changes to Cheque Acceptance at MCB Maldives

Dear Valued Customer,
We refer to the media release by the Maldives Monetary Authority (MMA) dated 02 March 2023, with reference PR/2023/3698, and to our email dated 16 February 2023 regarding the imposition of a value ceiling of MVR 50,000 and USD 3,000 on all cheque transactions as from  01 April 2023.
Please be informed that the Central Bank has decided to postpone the implementation of this action plan until further notice. 
MCB Maldives
21 Mar 2023

MCB Maldives opening hours during Ramadan 2023

Dear valued customer, 
Please be informed that during the Ramadan period from 26  March to 27 April 2023, the Bank will be open and operating as follows: 
Banking hours: 09:30 to 12:00

MoneyGram counters: 09:30 to 11:00
Please also take note of the following : 
Cheques deposited by 10:15 shall be cleared on the next working day.
Tax/Customs payments and Salary files initiated through Internet Banking by 11:00 shall be processed on the same day.
Transfers to Other Local Banks initiated through Internet Banking by 11:30 shall be processed on the same day. 
Swift transfers initiated through Internet banking by 13:00 shall be processed on the same day.