Lanka Money Transfer (LMT) recently sponsored Rhythm Night, a concert organized for the Sri Lankan migrants working in Dubai. The concert featuring Purple Range was held at, Al Nazr Leasur land. As the host of the product, DFCC Bank too joined hands with the event to create awareness & to promote the LMT foreign currency remittance service. About 4,000 Sri Lankans living in Dubai were present and a special raffle draw was held at the end of the concert. The winners nominated a relative living in Sri Lanka and the prize money was awarded to them this week at the DFCC head office by Arjun Fernando - CEO, DFCC Bank & Lakshman Silva -DCEO, DFCC Bank.
DFCC Bank, Sri Lanka’s fastest growing commercial bank introduced the ground-breaking Lanka Money Transfer (LMT) service in 2014. The remittance service which allows customers, both the sender and receiver to transfer money with ease, using the banks that they usually transact with.
DFCC Bank is the first Sri Lankan bank and one of the first in the world to partner with other banks to introduce a remittance money transferring mechanism in Sri Lanka. Due to the extended partner network of more than 1100 outlets, LMT has greater access to a wider customer base. Since Lanka Money Transfer is a Sri Lankan product DFCC Bank can guarantee that all charges incurred for transferring money will flow back in to Sri Lanka. Lanka Money Transfer has supported the country’s remittance mechanism in order to help achieve the above target which is of national interest.
“There are approximately 2.2 million migrant workers from Sri Lanka who remit their earnings to Sri Lanka in order to support their families and improve and sustain their quality of life. Since introduction LMT has helped them achieve this objective by directly remitting the money to their family member’s accounts at a lower cost. At DFCC Bank, we are always committed to providing our customers with the best products and services available in Sri Lanka and our customers’ convenience is extremely important to us. Transferring money can be a tire some process but with Lanka Money Transfer, the entire process is seamless and is no longer a burden, as money is directly recieved to the benifisherie’s bank account.” said Lakshman Silva - CEO, DFCC Bank.
Partner banks of the Lanka Money Transfer service include the Regional Development Bank, Lanka Orix Finance PLC, HDFC Bank, Sanasa Bank, Amãna Bank and Union Bank PLC.
DFCC Bank has an extensive banking network of 137 branches located across Sri Lanka. The bank focuses beyond delivering a friendly, quick and efficient service to its diverse customer
base. DFCC Bank is known for its energy and professionalism and is one of the most dynamic commercial banks in the country.
About DFCC PLC
With a legacy that extends over 60 years, DFCC PLC has 137 branches and extension offices; which includes 58 units across the Sri Lanka Post network. DFCC PLC’s customers at all branches have access to a full range of, corporate banking, business and retail banking services. Licensed by the Central Bank of Sri Lanka, DFCC PLC is a fully-fledged commercial bank, which caters to all segments of society.