Commercial Bank of Ceylon has tied up with Xpress Money, to provide Lankan expatriates facilities to transfer funds to Sri Lanka instantly.
With this arrangement, remitters in any part of the world would be able to gain access to Commercial Banks 121 strong on-line network of branches and 176 ATMs. rn
rnCommenting on the appointment of Xpress Money, Commercial Banks Assistant General Manager endash Operations Sanath Bandaranayake said Xpress Moneys expertise in crunching the payment cycle through the use of state-of-the-art money transfer technology in a simple and cost effective way was a key reason for the tie up.
The expatriate Sri Lankan Community will now have a new network of over 400 locations world wide from which to transfer their funds instantly.rn
rnExplaining how the Xpress Money system works, Bandaranayake said the sender has only to visit the nearest Xpress Money agent, give the name and ID details of the beneficiary and pay cash.
The money will reach Commercial Bank instantl