Commercial Bank to shower gifts on remittance customers for Avurudu
The forthcoming ‘Avurudu’ season will bring an unexpected windfall to
hundreds of recipients of remittances from the Commercial Bank of
Ceylon.
The country’s benchmark bank, one of the strongest players in the
field of remittances, has announced that it will present 200 shopping
vouchers, each worth Rs 10,000, to recipients of remittances via its
‘e-Exchange’ service until 12, April.
Lucky winners of this exciting Rs 2 million bonanza titled
‘Avuruddata Badu Mallak’ are to be chosen at a draw, and will receive
their vouchers to purchase consumer goods to celebrate Avurudu.
Meanwhile, every recipient of a MoneyGram remittance who collects Rs
50,000 or more from a Commercial Bank branch between 1 and 13 April will
receive a traditional ‘pahana’ (brass lamp) from the Bank, while all
recipients of MoneyGram remittances of any value during this period will
be gifted a branded pen, the Bank announced.
“Commercial Bank is a preferred choice for remittances because of our
island-wide network of 214 service points, and our partnerships with
many of the top international remittance companies,” said Sanath
Bandaranayake, Deputy General Manager Operations of Commercial Bank.
“With this promotion we are giving customers yet another reason to
transfer funds via the bank rated internationally as Sri Lanka’s best.”
Commercial Bank’s ‘e-Exchange’ service is a sophisticated yet low cost
real time on-line money transfer facility which is available to
remitters via a network of agents in over 50 countries. Recipients of
remittances can collect proceeds from any of the Bank’s computer-linked
service points, a significant number of which are open even on bank
holidays, and access their funds through its network of 502 ATMs, which
is the largest cash-dispensing system in the country.
The Bank signed up with MoneyGram, the global funds transfer company,
in 2007 to further enhance its market share in the remittance business
and to expand its presence to the other parts of the world, especially
North America and Western Europe. Commercial Bank now offers remitters
the ability to transfer funds quickly from a network of 267,000
MoneyGram agents in 192 countries and for payments in Sri Lanka to be
collected at any of its service points.
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 “Global Finance” Magazine and has won multiple
awards as the country’s best bank from “The Banker,’ ‘FinanceAsia,’
‘Euromoney’ and ‘Trade Finance’ magazines. |