Payment Policy

All bookings are to be pre-paid within 15 days of booking confirmation. However, in the event of the

last-minute bookings that have less than 7 days to arrival date, payment

deadline will be decided by the Reservations Managers of the concerned hotel. In order to avoid

cancellation of the confirmed bookings, it is advisable to make pre-payment

applying the room rates, board supplements and transfer charges, etc.,

Any booking for which full payment is not received by the deadline may be cancelled without prior notice

All payments shall be made to ARCANUM MALDIVES via telegraphic transfer (TT) to the below given

bank account identifying the invoices for which the payment is made.

PAYMENTS & BANK DETAILS:

Any person or company who do not have a contract or credit facilities are to pay 100% Advance as per the pro-forma invoice to our below mentioned bank account.

Bank Details:

Beneficiary Name: ARCANUM MALDIVES
A/C No.: 7730000351420
Bank: BANK OF MALDIVES PLC
Bank address: Main Branch, Boduthakurufaanu Magu, Male Republic of Maldives
SWIFT CODE: MALBMVMV
Corresponding Bank: DEUTSCHE BANK TRUST COMPANY AMERICAS NEW YORK
Corresponding Swift Code: BKTRUS33
Corresponding A/c No.: 04464048

The REMITTER shall bear all the remittance charges involved at his end and charges of corresponding banks of outside Maldives. Tour Operator will bear only the local bank’s charges. Remittances from outside Male’ the Agent shall add USD 30 to each remittance to cover cost of intermediary bank’s commission.

The agent shall not deduct any amount from our invoice due to any reason such as complaints or otherwise until the matter is investigated and agreed by the Tour Operator.

In the event any compensation is to be paid, the hotel will issue a credit note to the agent.

All the invoices should be settled on or before due date or within the agreed credit period. If there is any discrepancy on our invoice, it should be brought forward to our notice within 03 days of receipt, no reduction on our invoices are allowed at any circumstance without prior authorization or credit note.