NSB launches Xpress Money

XPRESS Money funds transfers through the National Savings Bank was launched last Tuesday.

Xpress Money is a service brought by Xpress Money Services Ltd., a London based company.

Xpress Money Services is an associate of the UAE Exchange Centre LLC, a member of the NMC Group of Companies.

UAE Exchange Centre is a pioneer in the field of retail money transfer business with over 20 years of experience in this line.

Over the years it has built up a correspondent network of over 80 banks globally.

In order to provide instant money transfers through advanced web based technology a new company named Xpress Money Services Limited, was formed and registered in London in the year 2001. The brand name of the products of this company is "Xpress Money".

The company had focused on network building by striking long lasting and profitable relationships with the network partners. At present they have agents in 72 countries and over 8,800 service outlets. The company had leveraged their expertise, infrastructure and new technology.

An agreement was signed between Xpress Money Service Limited and the National Savings Bice was done by Chairank with the blessings of the Central Bank of Sri Lanka.

The inauguration of this funds transfer servman of the National Savings Bank Upali Gunaratne in the presence of Sudhir Kumar Shetty, General Manager, Xpress Money Services Limited., Eastman Narangoda, General Manager/CEO, National Saving Bank and the Corporate Management of the Bank. Sri Lankan nationals living abroad now have the ability to use this fast, reliable and cost effective funds transfer system. (AGP)