14.53 MVRper 1 USDT+0.2% over 24hCalculation refreshed today at 06:501 USDT = 14.53 MVROfficial rate; the final rate in the request may differ.
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Maldivian rufiyaa (MVR) has been pegged to USD since 2011: 1 USD = 15.42 MVR (managed peg by Maldives Monetary Authority). Russians transfer MVR and USD to Maldives for tourism and diaspora purposes — Russia is in top-5 tourist sources, Bank of Maldives (BML, MALBMVMV) is the only major bank with SWIFT infrastructure. IBAN is not applicable; SWIFT code and account number are required; Maldives has not imposed sanctions against Russia.
Money transfers to Maldives from Russia: USD or MVR to bank account via SWIFT
The route, the receiving bank and the payout amount are agreed before payment.
Maldives is an archipelago of over 1,200 islands in the Indian Ocean, where tourism plays a key role in the economy and Russia consistently ranks among the country's largest tourist markets. The IBAN format is not used in Maldives: for international transfers, you typically need the bank's SWIFT/BIC code, account number and recipient's full name. The country's largest retail bank is Bank of Maldives (BML, MALBMVMV), which handles a significant portion of domestic and international banking operations. The national currency is Maldivian rufiyaa (MVR); its exchange rate to USD is managed by Maldives Monetary Authority with an official benchmark of approximately 1 USD = 15.42 MVR. In the tourism sector and at resorts, USD is widely used for transactions, while MVR is more commonly used in local shops and on inhabited islands.
Bank details and route confirmation
Transfers typically require SWIFT MALBMVMV, account number and recipient's full name. Maldives has not imposed its own sanctions against Russia and continues to welcome Russian tourists. Any specific international transfer depends on the receiving bank, available correspondent routing and standard AML/KYC checks. ATM24 verifies the available route in advance of payment. ATM24 commission starts from 0.9%.
USD or MVR to Bank of Maldives (BML) account: tropical paradise, Russia in top-5, no sanctions
Pick the way that suits the recipient — we agree the route and the details before payment
To Visa/Mastercard
USD or MVR. Bank of Maldives (BML) is the sole card issuer in Maldives and issues Visa and Mastercard. Resorts accept Visa/Mastercard at USD rates. Details: recipient's Visa or Mastercard number. Commission from 0.9%. Route and timing — confirm with ATM24 manager
BML
MIB
State Bank of India Maldives
To Bank of Maldives account
USD or MVR. IBAN is not used in Maldives — SWIFT code and account number are required. Bank of Maldives (BML) is the primary and essentially only bank with SWIFT for transfers. Account number in USD or MVR and recipient's name. Commission from 0.9%
SWIFT: MLDVMVMV (Bank of Maldives)
BML
MIB
State Bank of India Maldives
Cash USD
USD is the primary practical currency for resorts. Most Maldivian resort operators bill in USD, while MVR is needed only in shops on inhabited islands and at Male airport. USD withdrawal at agreed locations. Commission from 0.9%. Disbursement locations — confirm with ATM24 manager
Male
Hulhumale
To transfer to Maldives: SWIFT MLDVMVMV (Bank of Maldives) + account number + recipient name (IBAN not applicable). USD recommended for resorts, MVR for inhabited islands. 1 USD = 15.42 MVR (pegged rate). Confirm details with ATM24 manager.
Rates and cost of a transfer to Maldives
We accept RUB, USD, EUR and USDT — we pay out in MVR
Reference rate for today
RUB
→
MVR
0.1621per 1 RUB
10 000 ₽ = 1 621 MVR
USD
→
MVR
14.53per 1 USD
100 $ = 1 453 MVR
EUR
→
MVR
16.47per 1 EUR
100 € = 1 647 MVR
USDT
→
MVR
14.53per 1 USDT
100 USDT = 1 453 MVR
What the recipient gets — at 1 USDT = 14.53 MVR
You send
Payout in MVR
100 USDT
1 453 MVR
300 USDT
4 359 MVR
500 USDT
7 265 MVR
1 000 USDT
14 531 MVR
5 000 USDT
72 654 MVR
Reference values update automatically. The final fee and rate are locked in the request before payment.
Banks and payment infrastructure — Maldives
Where recipients usually get the money in Maldives
BML
SWIFT: MALBMVMV; Accepts transfers from Russia: Yes (primary bank, confirm route with manager)
MIB
SWIFT: Confirm with ATM24 manager; Accepts transfers from Russia: Confirm with ATM24 manager
Habib Bank Maldives
Habib Bank Maldives — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
MCB Maldives
MCB Maldives — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
How payments work in Maldives
National currency
The national currency is Maldivian rufiyaa (MVR); 1 MVR = 100 laari. The MVR to USD exchange rate is managed by MMA with a benchmark of 1 USD = 15.42 MVR, so MVR/RUB rate depends primarily on USD/RUB.
Card systems
Maldives welcomes approximately 1.5–2 million tourists annually, and tourism forms a significant part of the country's economy.
Payment applications
BML Mobile is Bank of Maldives' mobile app for domestic transfers and payments. mFaisa (Dhiraagu) works as an additional channel. Most international operations are conducted via bank transfer or USD cash in tourist zones.
Interbank transfers
Maldives Monetary Authority (MMA) is the central bank and financial regulator. IBAN format is not used in Maldives: for international transfers, SWIFT/BIC code, account number and recipient's full name are used. Bank of Maldives (BML) is the country's largest retail bank and the primary bank with developed SWIFT infrastructure for international transfers.
Financial regulator
Russia is in top-5 tourist source markets for Maldives.
Specifics for ATM24
Maldives has not imposed its own sanctions against Russia.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
How the transfer works to Maldives
Three steps from request to payout
1
Step
Send a request
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
2
Step
Agree the route
We check the recipient details and confirm the route, rate, fee and payout amount
3
Step
Pay for the transfer
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
What to prepare for the transfer
To Visa/Mastercard
Details: recipient's Visa or Mastercard number
To Bank of Maldives account
Account number in USD or MVR and recipient's name
SWIFT: MLDVMVMV (Bank of Maldives)
We verify the exact details when agreeing the available route before payment.
Why people choose ATM24
Facts, not promises
No surprises on the rate
You see the rate, the fee and the payout amount before you send the money.
Request to MaldivesLocked in
Rate
1 USDT = 14.53 MVR
Payout method
Bank transfer
Payout currency
MVR
The rate and the amount are locked when the request is confirmed and do not change afterwards.
Terms are known before payment
The route, rate, fee and payout amount are agreed before payment.
Route
Rate
Payout amount
Cash payout
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Male
Hulhumale
Confirm the city before payment
Available payout options
Only methods present in both the country description and the current route are shown.
You send
RUB
USD
EUR
USDT
MVR
They receive
Bank transfer
Cash
MoneyGram
Western Union
Customer reviews
Real stories from real people
V
Vlad Zorin
Google·
Fast and precise, instructions are clear, good service, everything as it should be
I've been exchanging through this exchanger for more than a year! Everything is always fast and hassle-free. Special thanks to the team for the attention and excellent service - it's a pleasure to deal with professionals!🙏🏼
Everything worked out! Very clear and nobody rips anyone off) but the long response process bothered me. I stood by the ATM for 20 minutes with a small child🤪
Questions about Maldives: rufiyaa, USD and holiday expenses
Maldives uses MVR (rufiyaa) and USD, no IBAN. Below are answers to common questions about money and travel.
How can I send money to Maldives with payout in MVR through ATM24?
For a transfer to Maldives in MVR, ATM24 builds the order around the recipient's payout method on the Maldives MVR payout route. The sender sees the route, fee from 0.9%, expected timing from 15 minutes, and final amount before payment; if details change, the calculation is updated. Bank-route examples for Maldives: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives.
Can the recipient receive a transfer on a card or bank account in Maldives in MVR?
A card or bank-account payout in Maldives in MVR is possible only when the selected route supports it. ATM24 verifies whether the recipient's card, account number, and name match the Maldives MVR payout route. The manager confirms the selected bank, such as Bank of Maldives or State Bank of India Maldives, before payment because card and account rules may differ. Bank-route examples for Maldives: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives.
Which banks can receive a transfer to Maldives in MVR?
ATM24 can check whether an MVR transfer to Maldives may go through Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives. The receiving bank must match the recipient details and accept the selected payout route. The manager confirms the bank, account or card format, and final amount before payment.
What recipient details are needed to send money to Maldives in MVR?
For Maldives, ATM24 does not use one universal recipient form for every MVR transfer. The details are checked by route: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives, card payout, account payout. Name, account/card data, and payout currency must match the selected option. Bank-route examples for Maldives: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives.
How long does a money transfer to Maldives in MVR take?
An MVR transfer to Maldives can start from 15 minutes after ATM24 confirms the recipient route. Timing depends on amount, recipient details, and Maldives MVR payout route, Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, card route, account route, and recipient-name matching against the selected bank record. The expected payout window is shown before payment. Bank-route examples for Maldives: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives.
What is the fee for sending money to Maldives with payout in MVR?
An MVR transfer to Maldives through ATM24 has a fee starting from 0.9%, but the useful number is the final amount after the route is checked. ATM24 confirms the Maldives MVR payout route, bank such as State Bank of India Maldives, exchange conditions, sender's payment method, and payout amount. Any fee charged by the sender's card issuer or bank should be checked separately. Bank-route examples for Maldives: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives.
Can I pay by international card, bank transfer, or USDT while the recipient receives MVR in Maldives?
Yes, ATM24 can calculate a transfer to Maldives in MVR where the sender pays by card, bank transfer, USDT, or another available method. ATM24 checks the Maldives MVR payout route, payment currency, exchange conditions, bank details such as Bank of Maldives or State Bank of India Maldives, and the final payout amount. Sender-side card or bank fees are separate from the ATM24 calculation. Bank-route examples for Maldives: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives.
What is the minimum and maximum transfer amount to Maldives in MVR?
For Maldives, the minimum MVR transfer through ATM24 starts from 100 USD or the equivalent. The upper limit is route-based: the manager checks Bank of Maldives, Maldives Islamic Bank, recipient details, payout method, and document requirements before payment. A route through Maldives Islamic Bank may have different limits than a card or non-bank payout. Bank-route examples for Maldives: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives.
What documents are needed for a large transfer to Maldives in MVR?
For a large MVR transfer to Maldives, ATM24 reviews documents around Maldives MVR payout route, Bank of Maldives, Maldives Islamic Bank, recipient-name match, route limit, payment purpose, source-of-funds review, and recipient-name matching against the selected bank record. The request may require sender ID, source-of-funds details, recipient bank data, and payment purpose. The manager confirms the exact list before payment. Bank-route examples for Maldives: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives.
How much will the recipient get in MVR if I send 1000 USD to Maldives?
If you send 1000 USD to Maldives, the recipient amount in MVR is not a generic market-rate number: 14,530.73 MVR. The calculation uses the payout route, bank such as State Bank of India Maldives, fee from 0.9%, and exchange conditions. ATM24 confirms the final amount before the sender pays. Bank-route examples for Maldives: Bank of Maldives, Maldives Islamic Bank, State Bank of India Maldives, Bank of Ceylon Maldives, and Mauritius Commercial Bank Maldives.