CBM launches MYCBM app, visa corporate cards as it marks 10th anniversary

The Commercial Bank of Maldives (CBM) has launched a new digital app for retail customers and visa corporate cards as it celebrates its 10-year anniversary.

The services were launched on Saturday during a ceremony held to celebrate the bank’s anniversary.

According to CBM, its new digital app for retail customers MYCBM comes with additional features, making for a more user-friendly and convenient experience.

The CBM, in partnership with CBM, also launched its new Visa Business Debit Card and Visa Corporate Credit Card - further strengthening the bank’s suite of payment solutions for businesses in the Maldives.

The CBM Visa Business Debit Card is designed to provide businesses with convenient access to funds directly from their business accounts for eligible business-related payments and purchases.

Meanwhile, the CBM Visa Corporate Credit Card provides eligible corporate customers with greater flexibility in managing business expenditure through a dedicated credit facility, supporting more efficient management of corporate payments.

Both cards benefit from Visa’s payment technology and global acceptance network, providing CBM’s business customers with greater convenience when conducting eligible transactions locally and internationally.

CBM states that the launch forms part of the bank’s broader commitment to strengthening its corporate and SME banking proposition, enhancing its digital capabilities and providing businesses with modern financial solutions that support their operational and growth requirements.