VeraFinance · A Verapex Maldives company

Money that arrives, clearly and safely

Remittance and money transfer for individuals and businesses in the Maldives — costs shown up front, every transfer handled with care. Home of VeraPay.

Overview

Simple, secure, clearly explained

Thousands of people in the Maldives support family abroad, and businesses pay suppliers overseas every week. VeraFinance exists to make that simple, affordable and clearly explained.

You see the rate, the fee and what your recipient gets before you commit. Every transfer is verified, recorded and supported until it arrives — with the care that financial services require.

Services

What we offer

01

International transfers

Send money home to family in Bangladesh, India, Sri Lanka, Nepal, the Philippines and beyond.

02

Receiving funds

Collect money sent to you from overseas.

03

Business payments

Transfers for companies paying overseas suppliers, staff and service providers.

04

Clear costs

The exchange rate, the fee and the amount received — shown before you confirm.

05

Secure handling

Identity checks and record-keeping in line with regulatory requirements.

06

VeraPay

One way to pay across the Verapex companies — in development.

Remittance and payment services are provided subject to the required regulatory approvals and licensing.

Transfer estimator

See what arrives, before you send

Enter an amount and a destination. The rate, the fee and what your recipient gets are shown up front.

Sample figures for illustration — not a quote

Your recipient gets

39,559.01 BDT

Exchange rate
1 MVR = 7.9118 BDT
Transfer fee
77.00 MVR
Total to pay
5,077.00 MVR
Paid out by
Bank deposit, cash pickup, mobile wallet
Typical time
Same day to 2 working days
Start this transfer

Indicative rates set by VeraFinance on 30 September 2026. The rate that applies is confirmed before you pay. Fees are shown in the currency you send.

Destinations

Where you can send

More destinations are being added. If yours is not listed, ask us.

BDT

Bangladesh

Bank deposit, cash pickup, mobile wallet

Same day to 2 working days

INR

India

Bank deposit, cash pickup

Same day to 2 working days

LKR

Sri Lanka

Bank deposit, cash pickup

Same day to 2 working days

NPR

Nepal

Bank deposit, cash pickup

1 to 2 working days

PHP

Philippines

Bank deposit, cash pickup, mobile wallet

Same day to 2 working days

PKR

Pakistan

Bank deposit, cash pickup

1 to 2 working days

VeraPay · In development

One way to pay across Verapex

VeraPay is the payment service VeraFinance is building for the whole Verapex group — one account for your trips, rides, deliveries and more, with every payment in one place.

Register your interest
  • Stays and experiencesPay for VeraTravels bookings.
  • Rides and transfersPay for VeraGo journeys.
  • DeliveriesSettle VeraCargo shipments.
  • Money homeSend and track transfers with VeraFinance.

VeraPay will launch subject to the required regulatory approvals. No payments are taken through this website.

How it works

From first message to done

  1. 01

    Get an estimate

    Use the estimator or tell us where the money is going and how much.

  2. 02

    Verify

    Bring valid identification; first-time senders register once.

  3. 03

    Send

    Review the rate and fee, then confirm the transfer.

  4. 04

    Arrives

    Your recipient is paid and you receive confirmation.

FAQ

Questions, answered

Valid identification (passport, national ID card or work permit) and your recipient's details. Exact requirements are confirmed when you register.

The destinations currently offered are listed on this page. Tell us if yours is not there — we are adding more.

It depends on the destination and how your recipient is paid; typical timing is shown for each destination and confirmed before you send.

They are the indicative rates set by VeraFinance on the date shown. The rate that applies is confirmed before you send.

VeraPay is the payment service being built for the Verapex group, so one account can pay for travel, transport, cargo and more. Register your interest and we will tell you when it opens.

VeraFinance operates subject to the required regulatory approvals and licensing.

Track

Track your transfer

Use the VF reference on your receipt and the last 4 digits of your phone. We also email you when your money is paid out.

Before you come

What to bring

  1. Valid identificationPassport, Maldivian national ID card or work permit — the original, not a photo.
  2. Your recipient's detailsFull name as on their ID, phone number, and bank or wallet details if paying into an account.
  3. For larger amountsWe may ask where the money comes from, such as a payslip or business invoice. Money transfer services are required to check this.
Send safely

Protect yourself from scams

  • VeraFinance will never ask for your PIN, password or a one-time code — by phone, message or email.
  • Only send money to people you know. Be wary of anyone who asks you to pay a fee to release a prize, a job or a loan.
  • Check the recipient's name and number carefully — a transfer that has been paid out cannot always be recalled.
  • Keep your receipt and reference number until your recipient confirms the money has arrived.
Enquire

Start a transfer request

Tell us what you need to send or receive. We will confirm the rate, the fee and what you need to bring.

Telephone +960 943 1481
Office Lot 11263, 3rd Floor, Bokarumaa Hingu, Hulhumalé

The transfer

Please do not type passport, ID card or bank account numbers here. We collect them securely when you register.

You will receive a reference number straight away, and a reply within one working day. Your details are used only to answer this request.