29th February 2012, www.news360.lk
Sri Lanka’s Nations Trust Bank has tied up with Remit2Home, an Online Global Money Transferring service provider, in a bid to cater to the non resident Sri Lankans living in US and UK.
NTB says, the tie up will help the Sri Lankan community living in those two countries to transfer money online directly from their bank account abroad to beneficiaries here in the country.
An agreement with effect to the partnership was signed recently in Colombo between Nations Trust Bank and Times of Money, which owns Remit2Home.
“This partnership is another milestone in providing a convenient and fast remittance service through a globally recognized brand to anyone in Sri Lanka through the Nations Trust Banking network”, added Saliya Rajakaruna, CEO of the NTB.
“With its growing Diaspora, Sri Lanka has a huge remittance potential, which makes it a key focus market for us” said Avijit Nanda, President – TimesofMoney, expressing his views on the partnership.
A statement from NTB describes Times of Money service as the pioneers in e-payments and cross border remittances, serving over a million expatriates worldwide.
Sri Lanka during the year 2011, received over US$ 5 billion worth of worker remittances, a record figure in the Islands history.
Related Info :
• Sampath Bank Launches M2SL Money2SriLanka Online Money Transfer Facility with ICICI Bank of India