Wednesday 13 August 2008

Sri Lanka: Seylan in tie up with Korean Bank to provide special remittance services

Seylan Bank entered into a business co-operation agreement with Korea Exchange Bank (KEB), to provide a special and an unparallel remittance service to Sri Lankan migrant workers. Korea Exchange Bank is the leading Bank in Korea which provides specialized services for migrant workers. As per the co-operation agreement reached, the Korea Exchange Bank will offer remittance services through their 326 branch network and over 9,000 ATM outlets.

Sri Lankan migrant workers to Korea can now enroll with this scheme through Seylan Bank’s office at the Foreign Employment Bureau and enjoy a host of remittance services jointly offered by the Seylan Bank and Korea Exchange Bank. Migrant workers who sign up will open a NRFC account with Seylan Bank and an interest bearing Savings Account with Korea Exchange Bank. [Read more]

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