egumuruk rwfcscnWrcT cTcfivcs/csckeleT
cawtuturwx iaWdiAWvwg e
.evencnitwm egutogWvctogcaea iaWkwtWdcaWm iaWkwtuturwx WviawgIrit InEvunof Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT
.eveaehejun cSwkWvWmcniz cnuTcnejEa egukcnEb wtwvun cnukcnEb cswyiv cSwkwmuvurutia inua
cnulcaeg Ebil cnulWmuhia WdIs egcnuTcnejEa egukcnEb wtwvun cnufizcawvum ,cnurwsifoa egukcnEb .14
.eveaenWvun caeaWmcniz ukcnEb cSwkwmuvcswl wtwvun cSwkwmulcaeg csevcaea WvWmid ,iawvwyif
egukcnEb wtwvun ckcnEb cSwkwmulcaeg csevcaea WvWmid iawgcaetwlWH csevcaea WviawgIrit .15
.eveaenWvun caeaWmcniz cTcnejEa egukcnEb wtwvun cTcneDcnoPcserok
cnuviawfId cSwkcnEb utWmUluAwm cnUnwmwhiruf wtwvun cnUnwHcawB (1)
cnuten iawfWscawjwmwh Wsiawf cSwdwdwa WviawgrwfcscnWrcT cTcfivcs/csckeleT (2)
wtwvun ,iawgutWlwmWAum egumuvunof Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT (3)
WvWmid iawgcmWrcgclwbEk wtwvun iawgcfWrcgeleT wtwvun iawgcsckef wtwvun iawgcliaem wtwvun ,iawgcjesem
cSwkwtcnuLoa wtwvun cnuvcswl
cawtcnuLoa wtwvun cnuvcswlWvcswl iawgumudOh wtwvun iawgumutwgened ctWrwf Wvcnebil Wsiawf (4)
cnuvun iawfidOh wtwvun iawfivenwgened ctWrwf Wvcnebil Wsiawf wtwvun
cnubwbws egcaerumwa egcaeaWrWdia EhebWmwk egurWkurws wtwvun caediaWvwq ,caenUnWq csevcaea (5)
wtwvun cTcneDcnoPcserok egukcnEb cSwmurukUd Wsiawf Wviawg rwfcscnWrcT cTcfivcs/csckeleT
wtwvun ;cnudeLukun wtwvun cnuruk czWrituAia cTcnejEa
egcTcneDcnoPcserok egukcnEb wtwvun egukcnEb (6)
WviawgurEb cnia clOrcTcnok egcT c n e j E a w t w v u n
.cnuvWmid caemwk
cned ,InEveruk ulwmwa cSwkwtumOf Ebil uhwfcSwmuvutiaWf iDwg WviawfWvuLuh cSwmuruk irWfwyiv egukcnEb .16
.eveSwtogcaea WkwtcmOf Ebil iawgcaehwvud WvuLuh ukcnEb cSwmuruk irWfwyiv cSwhwvwa emcnea
caemuawq Evunof ea InEveleb cSwmwkWsiawf unuverukWmwj iawguKIrWt ea uhwvud Evunof Wsiawf .17
cSwaiDwg wncnoa cSwmumcnin irWfwyiv WviawfWLwawDnwk cnutogELug WkwbWsih wncnoa cnutogIfwrcgOj
.eveawfWlwb
,iaWtWmUluawm egutWrwfEdea cSwmuvunof Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT.18
,iaWmuLehwSuh WviawfiLehwSuh cSwmuvunof Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT
im ,iaWSwmurukwmWh cawtclIscfwt egukwtcTcnuawkea egutWrwfiLehwSuh ,iaWtWmUluAwm Whemcnea ELugWmuLehwSuhea
,cSwmuruk cAwtuqIqcHwt wncnef cSwkcnEb cnutogELug iaWkwt utWlwmWaum iruhcnuLug idwa WmuLehwSuh
cSwmurukwmWh cawtwycailUacswm wtwvun caeaWmcniz EhejcnwrukWdwa cnutogInUnWq wtwvun/idwa
.eveaed cnuhur cnutWrwfEdea cSwmuvunof Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT
egumutwguniawlwb caemuLehwSuh cSwmuvunof Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT .19
.evenUn caemizWl cSwkcnEb cnwrukcnWywb ubwbws egIm idwa .eveaevcnegibil cSwkcnEb urWyitcKia
im cnukwlUsua WLwawDnwk cnITirOtoa IrwTinwm cscviDclOm wtwvun cnukwdiAWvwq wtwvun cnukwnUnWq .20
ELugWtWlwmWAum im ,iawgutwlWH Wruk umizWl cnuruk uHWlcBia caeturwx wtwvun caeaWdcaWm ELugWtWlwmWAum
.eveaenEveleb iawgumwk Wviawfiveruk uHWlcBia cSwrwvcnim ea ,cawtuturwx iaWkwtWdcaWm Whemcnea
caehiTOn idwa cseviawgcaetugwv emcnok cSwkwywb cniaea wtwvun cSwkwtWdcaWm Wkwt uturwx im .21
cSwkcnEb urWyitcKia egumuruk uHWlcBia idwa ,cnuawnegulwdwb ,cnurukurutia ,iawlunWkwmunid
cTcfivcs/csckeleT .eveaenEgcnea cSokumcnWa cawtulwdwb uDnwgiawm Eveneg cnutogim .eveaevcnegibil
cnukwmwk EvedcSok cnukcnEb cSwaWfcnwm egutWrwf WLwhwSuh cSwmuvunof Wsiawf cSokirevudem rwfcscnWrcT
caemwkinua wtwvun caelwdwb csevcaea cSwkwtuqcawH Wvcnegibil cSwkcnEb cnukwtWdcaWm iaWkwtuturwx im
.eveaenWncnWn
egutogWvctogcaea WdiAWvwq iaWnUnWq egEjcaWrihevid InEverukulwmwA cSwkwtWdcaWm iaWkwtuturwx im .22
caeawlwscawmea iawgcaednih ejcaihejcnwLwhwSuh caeawlwscawm cSwtwaIrwxidwa .evencnitwm
egEjcaWrihevid (cnitwm egutogWvun udUduhwm cSwkwtuTOk egEjcaWrihevid inwkeawmwh) InEhejcnwLwhwSuh
.eveSwTOk EhebWmwk
”umOf Edea cSwmuvunof Wsiawf cSwrEb“ cSwmuvunof Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT .1
cnumwkea InEveruk ulUbwq cawtcnugcnea Wgcnwa cSokirevudem csckef .eveaenWv cnwLwhwSuh ulcswa eg
ITincmeDcnia wHcawB WviawfcSokiaos urwmwTcswk ,evcswbcaea cSwmulufua Wmcniz egukwtwlwscawm enWdevWmid
ukcawx udemWmwkwHcawB egukwtcnugcnea wdwfim Wgcnwa cSwkcnEb .eveSwkwtctWrwf wncnoa iawgukcnEb caemOf
.eveaevcnegibil cSwkcnEb urWyitcHia egumurukun ulwmwA cSwkwmugcnea wdwfea wmwnejcaidefua
rwfcscnWrcT cTcfivcs/csckeleT ,ukwdnih WvuniawfWgcnwa cnegiLeawDnwk caetogikwv IvcnwrukulwmwA .2
.evencniaWsiawf egumuawg EverukUd Wsiawf ,InEverukUd Wsiawf Wvunof cSokirevudem
cfoa cluaiDex egukcnEb ,ukwdnih Wvuniawfevcswbcaea cnegiLeawDnwk caetogikwv IvcnwrukulwmwA .3
.eveaenEgen cawtIf egrwfcscnWrcT cTcfivcs/csckeleT cnitwm egutog WviawfcSokcnWywb iawgcswjWC
Ebil Wsiawf Ikwmukcaed cawtIf iawhemcnea Egen iawgurEb cniaejcaWr ,wmwnWvuniawfigcnea cSwkwtog cnehea .4
.eveketwycailUacswm egutWrwf
cTcfivcs/csckeleT cawtIf egcTcnejEa wtwvun cTcneDcnoPcserok Wgwn cnukcnEb urEb cniaejcaWr .5
,iawvwyif iawgutwlWh Wviawfevcswbcaea cSwmukcaed cnutWrwf EdeacSwmuvunof Wsiawf cSokirevudem rwfcscnWrcT
egutWrwf Ebil Wsiawf Ikwmukcaed cawtIf egcTcnejEa wtwvun cTcneDcnoPcserok Wgwn cnukcnEb urEb cniaejcaWr
.eveketwycailUacswm
cSwmuvunof ,iawgulWH Wviawfevcswbcaea cnutWrwf Wvunof Wsiawf cSwmukcaed cawtIf egukcnEb egurEb cnEjcaWr .6
ea cnudwdwA im idwa ,iaWmwkenEvunof cSwkcnEb egutWrwf Ebil Wsiawf ,Wsiawf egudwdwA wlcmuj WviawfWLwhwSuh
Ikwmuruk ulWvwH Wsiawf cSwtWrwfEbil Wsiawf WlunWkwmurukinua wtwvun uhwfcSwmurukinua cawtIf egukcnEb
cnukcnEb egutWrwf Ebil Wsiawf .eveaegnea cnwkcaemwk WviawgurWyitcKia egukcnEb egutWrwf Ebil Wsiawf
Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT ,iawgutwlWH Wgcnwa cSwmukcaed cawtIf egutWrwfea
Iaim .eveaevcnegibil cSwkcnEb urWyitcKia egumukcaed cawtIf im cSokcTibeD cTcnuawkea egutWrwf EdeacSwmuvunof
.evekeaIf Egen cnurutia egudwdwA WviawfWkcawd cniruk iawgutog egIf egukcnEb egurEb cnEjcaWr
cSenwt cnehea cnUncnwt Wviawfeyil cSwmuvunof Wsiawf cnutWrwf Wvunof Wsiawf ,cnutogWrukWyin utwlWH .7
.eveaevcnegibil cSwkcnEb urWyitcKia egumuvunof Wsiawf cSokirevudem
rwfcscnWrcT cTcfivcs/csckeleT cnia (”ukcnEb“ cnuhwfegIm) klP cscviDclOm cfoa ckcnEb .8
wtwvun Wruk cnutWrwfea (”utWlwmWAum“ cnuhwfegIm) ,iawgutWlwmWAum egumuvunof Wsiawf cSokirevudem
iawgumuruk wmwhiruf utWlwmWAumim ,cnitwm egutog EnWvunWmcniz cnukcnEb cSwkwlwmwa csevcaea WlcaokUdcSokun
.eveaenWdiveruk cnunEb cnuTcneDcnoPcserok iaWncnuTcnejEa
cTcfivcs/csckeleT ,ukwdnih Wvuniawfivevcswbcaea cnegiLeawDnwk caetogikwv Ivcnwruk ulwmwA .9
,iaWmurukUxia rwfcscnWrcT cTcfivcs/csckeleT iawgEretegIm ,cawtIf ELugWarwfcscnWrcT
cawtIf Egen cSwmwkcnwk im iaWmuvuTcauh cnunid Wsiawf cnuSwd egutWlwmWAum wtwvun/idwa ,iaWmurukclwscnek
WlunWkwmugcnea cniruk .evencnitwm egutog WviawfcSokcnWywb iawgcswjWC cfoa cluaiDex egukcnEb InEgen
.eveaevcnegibil cSwkcnEb urWyitcKia wmwhiruf egumuawnegulwdwb cSwacswjWC cfoa cluaiDex
Wsiawf WvcnunEb cnwvunof ,iawgutwlWH Edun cnukcnEb caeTEr ikwv cnegiLeawDnwk cSwmurukurWm Wsiawf .10
cnumubil cTEr uLwgnwr cnuhwf idwa .eveSwkwTEr WLwawDnwk cnukcnEb cnutogItugwv InEveruk ubWsih cSwmuDnek
Wsiawf ,Wsiawf egcaedwdw A Ehej cnutWfwt Wviawgudemed WTEr uLwgnwr unubil cnuhwf WTEr unuveleb cniruk
iawgcaednih EhejcnwDnwk idwa ,cSokWmwj iawgcaednih EhejcnwrukWmwj cSwTcnuawkea egutWrwf Wvunof
.eveaenEDnek
cnehea cnUnWsiawf egumuawq Wvunof Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT .11
egumuawq Wvunof Wsiawf InEverukUd Wsiawf ,iawvwyif iawgutwlWh Wrukwdcauh cSwmurukUd Wsiawf cnukwaWsiawf
.eveawgugwa wncnwg Wsiawf cTcnejEa wtwvun cTcneDcnoPcserok egukcnEb cniaWsiawf
EverukUd Wsiawf InEveruk utWlwmWAum egumuvunof Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT .12
egutogWvctogcaea WkwtulUsua ELugWkwt utWlwmWAum wdwfim iawgcaemuawq ea idwa iaWdiAWvwq ,iaWnUnWq egumuawq
wtwvun egcaemulcaeg csevcaea Ebil cnubwbws egukwtulUsua iaWdiAWvWq ,iaWnUnWq egumuawqea .evencnitwm
cTcnejEa wtwvun cTcneDcnoPcserok egukcnEb wtwvun/idwa ckcnEb caeaWmcniz csevcaea egcaemuvcswlWvcswl
.eveaenWgwnun
Wsiawf cSokirevudem rwfcscnWrcT cTcfivcs/csckeleT iawgutog eguDOk urcais wtwvun cnumuyil wmwhiruf .13
WvWmid iawgumuvunof cawtujesem Evunof cnutogim ,udnih Wvcnegibil cSwkcnEb urWyitcKia egumuvunof
idwa cSwkwmuvcswl ,cSwkwmulcaeg csevcaea WvWmid ,cnukwmuLoa WrwacSwawnWm iawgumubil idwa cnukwawlwscawm
 TELEX/ SWIFT TRANSFER
TERMS AND CONDITIONS

The application for Telex/SWIFT Transfer (the “Application”) is made subject to the following terms and conditions:

1-To transfer money through Telex/SWIFT, original of “International Payment
Application Form” should be submitted. Facsimile instructions will be
accepted only if the Bank holds a valid Indemnity Form from the customer. The
Bank reserves the right to refuse to carry out any instruction if there is any
doubt regarding its authenticity.
2-In the absence of any specific instruction to the contrary, the Transfer will be
effected in the currency of the country in which payment is to be made.
3-Unless prior arrangement is made, Telex/TELEX Transfer charges detailed in
the Bank's Schedule of Charges will be applied.
4-All charges incurred outside the Maldives are for the account of the
beneficiary, unless otherwise instructed.
5-Correspondent or Agent charges (outside Maldives) are for the account of
Beneficiary, except 'Correspondent or Agent charges' (Foreign Bank Charges),
where applicable, to be for the account of the Applicant.
6-If 'Foreign Bank Charges' are to be paid by the Remitter, it is understood that
the Beneficiary's Bank would receive the full amount and it is solely at the
discretion of the Beneficiary's Bank to either to pay the Beneficiary net of
their charges or the full amount. If the Beneficiary's Bank claim their charges,
the Bank reserve the right to pay these charges by debit to the Applicant's
account, in addition to the 'Foreign Bank Charges' which may have already
been paid.
7-The Bank reserves the right to draw this Telex/SWIFT Transfer on a different
place from that specified by the Remitter, if operational circumstances so
requires.
8- Bank of Maldives Plc (the “Bank”) may use without liability for their acts or
defaults, any correspondent or agent to effect a Telex/SWIFT Transfer
Payment (the “Transaction”).
9-Unless prior arrangement is made, Telex/SWIFT Transfer charges, for
issuance, cancellations and/or stop payments, detailed in the Bank’s
Schedule of Charges to be applied. The Bank reserves the right to revise any
charges from time to time without prior notice.
cipher and the Bank or its agents accepts no responsibility for any loss,
delay, error, omission or mutilation which may occur in the transmission
of any message or for its misinterpretation when received.
14-The Bank is not liable for loss, damage or delay, however may caused,
which is not directly due to the negligence of the Bank’s Officers,
employees or its Agents.
16- The Bank reserves the right to treat applications received after business
hours as received the next business day.
17- Applications for same day value are subject to cut-off time related to the
geographical location of the destination.
18- The Applicant consents to the Bank, its officials employees,
correspondents and agents disclosing any information regarding the
Applicant’s particulars, this Application, the subject matter thereof and
the Applicant’s accounts and affairs as the Bank shall deem appropriate
for the purpose of any investigations relating to the Application made
herein and any Transaction connected therewith and/or pursuant to a
legal duty or responsibility.
19-The Bank reserve the right to reject the Application without having to
furnish any reason for doing so.
20-The Terms and Conditions will automatically stand amended, if such
amendments are necessitated by Law, Government Regulations or
instructions imposed by the Maldives Monetary Authority.
21-The Bank reserves the right to add, alter, vary and modify any or all of the
above Terms and Conditions at any time at its discretion without any
notice. Any material amendment will be notified. No indulgence or
waiver in favor of the Applicant should prejudice the Bank’s right to rely
on these Terms and Conditions.
22-These Terms and Conditions are governed by and in accordance with the
Laws of the Republic of Maldives and the Applicant submits to the non-
exclusive jurisdiction of the Courts of the Republic of Maldives.

10-Where the Bank is unable to provide a firm exchange rate quotation, the
Bank shall effect the remittance on the basis of a provisional exchange rate
which shall be subject to adjustment when the actual exchange rate is
ascertained. Any difference between the provisional rate and the actual rate
shall be debited/credited (as the case maybe) to the Applicant’s account.

11-Unless payment in a different currency is allowed by the country where the

Transaction is payable, payment is to be made in the currency of the country
where the Transaction is made payable at the buying rate of exchange of the
Bank’s Correspondent or Agent.

12-The Transactions are subject to the rules and regulations and market
practices of the country of payment. The Bank and/or its Correspondents or
Agents shall not be liable for any loss or delay caused by any such rules and
regulations or market practices.

13-The Bank is at liberty to send the Telex/SWIFT Transfer either literally or in