Seylan Bank's foreign remittances over Rs. 12b

The Seylan Bank has disbursed over Rs. 12.7 Bn in foreign remittances for the first half of 2009, a communique from the bank said.

Worldwide money transfers such as Money Gram, Xpress Money, Instant Cash, SAMBA, Speed Cash, Ez Remit, AFX Fast Remit, and also SWIFT remittances via Banks and also other financial institutes such as exchange houses have contributed to this volume. Chairman of the Seylan Bank Eastman Narangoda attributed the increase in such foreign remittances to the faith and confidence the Sri Lankan diaspora and expatriate workers living and working overseas had in the newly structured Seylan Bank.

"We're both happy and honoured to assist Sri Lankans overseas to conveniently make remittances to their loved ones back home. Seylan Bank, a pioneer in the inward remittance business, today embraces nearly 170 countries and territories around the world and is spread over around 128,000 locations.

We're indeed proud to service our loyal and growing clientele in the Middle East, Australia, Europe, the UK, USA and other parts of the world", the Chairman said.