Will there be any charge for this service?
No there is no charge for use of favara service.
Will there be any fee for favara request?
No there is no charge
Quick FAQ on Self Service Banking
Where is the USD Self Service Banking Center located? The self Service Banking Center is located next to our Baazaaru Service Center. Self Service Center Locations What are the Daily Deposit limits on Self Service banking Center Personal Accounts MVR ...
What are the Key features of Favara?
There are three main features of this service, which are: Instant Transfers to Participating Banks Request to Pay Request to Recall the payment.
What is Favara?
Favara is a system managed by the Central bank of Maldives, The Maldives Monetary Authority to allow its users to transfer funds instantly within the participating local banks.
What is a favara ID?
An account alias is used to easily recognize you on favara. You can create an favara ID using your email address, mobile number, or ID card number that you have provided to the bank. You can use this ID to identify customers during favara request and ...