Western Union, Sampath Bank offer International Money Transfer services across SL
View(s):Western Union, a leader in cross-border, cross-currency money movement, and Sampath Bank, one of Sri Lanka’s leading private commercial banks, have combined to provide customers, nation-wide access to international money transfers in minutes from more than 200 countries and territories.
Sampath Bank’s 229 branches across the island now offer Western Union® Money Transfer, providing greater access and convenience during traditional banking hours and 365-day access from Sampath Bank’s super branches. This collaboration underpins efforts by Western Union and Sampath Bank to facilitate convenient access for families of Sri Lankans living and working abroad, the bank said in a media release.
“Western Union’s global presence allows us to serve Sri Lankans in almost every country in the world and move their money with speed, convenience and reliability to their families back home. We are very pleased to collaborate with Sampath Bank, as their strong network in Sri Lanka supports our shared commitment to provide easy access for customers to receive funds from abroad, whether they live in urban, rural or remote areas,” said Sohini Rajola, Regional Vice President, South Asia and Indochina, Western Union.
“As a national Bank, we, at Sampath Bank, are cognizant of the economic significance of remittances sent in by the innumerable Sri Lankans working around the world.
We have always sought to extend our fullest support through our extensive suite of financial solutions. This collaboration with Western Union is part of our commitment to serving them,” said Nanda Fernando, Managing Director, Sampath Bank PLC.
Sri Lanka was one of the top five remittance receiving countries in South Asia in 2017, according to the World Bank’s report on Migration and Remittances.