Remittances Archives - Lanka Business News

January 26, 2025

In a significant initiative identifying the vital role of remittances in Sri Lanka’s economy, DFCC Bank has announced an exciting reward scheme to incentivise worker remittances sent through Lanka Money Transfer to DFCC accounts. The promotion will substantially benefit Sri Lankan nationals working abroad and their families back home during the promotional period until 31st […]

February 7, 2024

DFCC Remittances has continued to serve the Sri Lankan diaspora by providing seamless, secure, fast, and affordable inward remittances to Sri Lanka. It reflects DFCC Bank’s dedication to providing convenient financial solutions for the global Sri Lankan community, enabling individuals worldwide to effortlessly remit funds to their loved ones in Sri Lanka. Operating in collaboration […]

November 21, 2022

People’s Bank recently entered into an agreement with the National Investment Industrial Bank in Russia to facilitate anovel remittance mechanism that enables efficient and convenient fund transfers from Russia to accounts in Sri Lanka. According to this arrangement, beneficiaries in Sri Lanka, especiallyservice providers, exporters etc. will be able to receive fundsquickly […]

November 17, 2022

The Commercial Bank of Ceylon’s continuing effort to stimulate remittances from Sri Lankans living and working overseas recently focussed on Singapore, which has a significant Sri Lankan migrant population. The Bank engaged with Sri Lankan expatriates living in the city state at a two-day programme conducted in collaboration with the Sri Lankan High Commission […]

July 20, 2022

The Commercial Bank of Ceylon and leading money transfer operator Western Union are collaborating on a novel promotion that will reward recipients of remittances with a most timely and in-demand gift: a rechargeable LED light with every remittance worth Rs 10,000 or more, received until 15th September 2022 or until stocks […]

January 8, 2022

Recent rules issued by the Central Bank of Sri Lanka (CBSL) in respect of repatriation and conversion of export proceeds to Sri Lanka Rupees (LKR) have been misinterpreted by certain parties with vested interests. In particular, unfounded speculation has been mischievously spread that the CBSL rules require converting the entirety of workers’ […]

DFCC Bank Launches Exclusive Reward Scheme for Worker Remittances via Lanka Money Transfer

DFCC Remittances Cements Position as Premier Choice for Inward Remittances Providing Maximum Convenience and Benefits

People’s Bank joins hands with National Investment Industrial Bank of the Russian Federation to offer convenient remittances to Sri Lanka

ComBank engages with Sri Lankans in Singapore to promote business

ComBank’s Western Union customers to receive gifts of light from July to September

Repatriation and Conversion of Export Proceeds and the Incentive Scheme to attract Higher Workers’ Remittances