CB lists overseas remitting agents and other channels

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The Central Bank has issued a list of overseas Remitting Agents (RAs) and Other Remitting Channels (ORCs) directly tied-up with Licensed Banks (LBs) in Sri Lanka.

This, it said in a statement, is to improve the awareness of Sri Lankan expatriates on RAs and ORCs directly tied-up with LBs enabling them to identify the formal channels for sending their remittances to Sri Lanka. The CB has been urging Sri Lankan expatriate workers to channel their remittances through official channels.

It said this list of RAs & ORCs are not registered with or regulated by the Central Bank of Sri Lanka (CB) and the CB does not hold itself responsible for any business activities of these institutions.

The total number of RAs and ORCs in 38 countries is 231 with the largest number on the list from Australia with 25, followed by Kuwait at 21 and Oman at 19.

See link below for full list:

https://www.cbsl.gov.lk/remittance-partners?fbclid=IwAR3qT7DnseA7oOwdYMUzgkZmbPFrZVDAScYdxuOY8JtqBV1GYB3v8n2bk0g

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