MaldivesMVRMaldivian Rufiyaa

Money Transfer to the Maldives

  • We lock the rate before payment
  • More than 100 transfers every day
  • Support at every stage of the transfer
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 sendPayout in MVR
100 USDT1 453 MVR
300 USDT4 359 MVR
500 USDT7 265 MVR
1 000 USDT14 531 MVR
5 000 USDT72 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

Vlad Zorin

Google

Fast and precise, instructions are clear, good service, everything as it should be

Read full review

Ксения Сергеевна

Google

Many thanks to manager Stanislav for his help and patience! Everything's great!

Read full review

Лёха Забиван

Google

The service has helped with exchanges more than once, quite quickly and at a good rate. Many thanks to manager Sofia for the quick response.

Read full review

Roman Fateev

Google

Everything is excellent, the courier arrived on time, the exchange went smoothly

Read full review

Transfers to other countries

We agree the rate and the payout method before payment — pick where the money goes.

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.

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