Huge remittances through Seylan Bank

Seylan Bank has disbursed over Rs. 12.7 billion in foreign remittances for the first half of 2009, the bank said.

It said the company’s global money transfers like Money Gram, Xpress Money, Instant Cash, SAMBA, Speed Cash, EzRemit, AFX Fast Remit, and also SWIFT remittances via banks and other financial institutes contributed to this volume. Bank Chairman Eastman Narangoda said in the press release the increase in foreign remittances was partly due to the confidence the Sri Lankan Diaspora and expatriate workers had in the newly structured bank.