Pan Asia Bank joins with Western Union

Pan Asia Bank, one of the fastest growing commercial banks in Sri Lanka announced today the launch of the Western Union® Money Transfer service via bank’s branch network. The Western Union Company (NYSE: WU) is a leader in global payment services with presence in over 200 countries and territories worldwide.

Consumers in Sri Lanka can now have access to Western Union® remittances from almost anywhere in the world in minutes at any Pan Asia Bank branch. “It is a privilege to work with Western Union, a worldwide leader in remittances with an unparalleled retail presence globally and covers every nation where Sri Lankans live and work overseas. With the Western Union service, we can meet the remittance needs of our customers in all corners of the country and around the world. Also, the fact that Pan Asia Bank has been appointed as a primary agent underscores the importance both parties attach to this collaboration” Irishad Ally, DGM – Retail Banking of Pan Asia Bank said.

“Pan Asia Bank is a significant private sector bank in Sri Lanka in 2012 and adding the bank to our retail network is an important step towards our goal of being everywhere Sri Lankan consumers need us,” said Patricia Riingen, Senior Vice President, East and South Asia, Western Union, said.

“Our global workers who are sending money to their loved ones are rendering a great service to the country’s economy and Pan Asia Bank is proud to be able to play a part in making their lives easier by offering a fast and convenient money transfer solution” said Irishad Ally, DGM, Retail Banking of Pan Asia Bank.