Milestone agreement between the two institutions:
Commercial Bank signs remittance agreement with Doha Bank
Sri Lankans living and working in Qatar who bank with Doha Bank can
now electronically transfer funds to their accounts at the Commercial
Bank of Ceylon, following a milestone agreement between the two banks.
The agreement also facilitates remittances online to beneficiaries who
have accounts at other banks in Sri Lanka as well.
Beneficiaries can collect their remittance money in cash from any of
the 214 branches and service points of Commercial Bank of Ceylon, of
which 35 locations are open 365 days a year.
The signing ceremony at the Doha Bank Tower at West Bay was attended
by, Doha Bank (International Banking) Head Chris Fellner and Commercial
Bank’s Assistant General Manager- Operations Palitha Perera and Senior
Manager e Banking Pradeep Banduwansa.
Fellner was quoted telling the Gulf Times , “The tie-up will provide
an opportunity to extend our services to the Sri Lankan community in
Qatar by meeting their banking and remittance requirements. Similar
facilities will soon be available from Doha Bank branches in UAE and
Kuwait.”
Commenting on the agreement, Perera said: “This association is a
commitment of the bank to provide a cost effective service to Sri Lankan
nationals who live in Qatar.
The arrangement will enable us to provide our customers convenient
and secure services by expanding our remittance network from GCC
countries to Sri Lanka.”
The only Sri Lankan bank listed in the World’s Top 1,000 Banks, the
Commercial Bank of Ceylon has been adjudged ‘Best Bank in Sri Lanka’ for
13 consecutive years by the ‘Global Finance’ Magazine and has won
multiple awards as the country’s best bank from ‘The Banker,’ ‘FinanceAsia,’
‘Euromoney’ and ‘Trade Finance’ magazines. |