Outbound int’l Transfer services from sri lanka through Western Union | Daily News

Outbound int’l Transfer services from sri lanka through Western Union

Western Union, a leader in cross-border, cross-currency money movement, and MMBL Money Master, Sri Lanka’s pioneering money transfer service and leading Western Union Agent in the country, announced the launch of international money transfers from Sri Lanka to the world, for international citizens working in Sri Lanka.

The launch represents a significant milestone as it marks the first time Western Union outbound international money transfers has become available to international workers or expatriates in Sri Lanka via 61 MMBL Money Master locations across 35 cities and 17 districts, including Ampara, Batticaloa, Colombo, Gampaha, Jaffna, Kandy and Kegalle. Services are to be progressively extended island-wide.

“We are launching the outbound international transfer services from Sri Lanka to the rest of the world, for this international group of customers. As Sri Lanka advances its position in the global economy, as an international hub, the country’s ability to facilitate international money movement and payments with regulated and convenient access along with speed, becomes instrumental to supporting economic growth, social development and financial inclusion,” said Sohini Rajola, Regional Vice President, South Asia and Indo-China, Western Union. “While our customers care about moving money from one country to another, we care about making sure we can serve customers in nearly every country in the world and connect their money for them”, she said.

Full activation of more than 2,000 MMBL Money Master locations will provide international citizens living and working in Sri Lanka island-wide access to send money abroad to fund a host of expenses from sending money back to their home countries or provide funds to loved ones for international education, medical services, travel, and goods and services.

“Our goal is to deliver better customer experience and fuel future growth and innovation in the country. With Western Union, we are pleased to come together, and enrich customers lives with increased access to money transfer services – both inbound and outbound – and improve customer satisfaction,” said J M S Brito, Deputy Chairman and Managing Director, Aitken Spence; Chairman, MMBL Money Transfer.

Western Union has been enabling consumers in Sri Lanka to receive money transfers since 1995. Western Union moved money into Sri Lanka from more than 170 countries last year. International residents using the new outbound service will enjoy zero transfer fee[i] during this introductory phase.

As Sri Lanka strengthens its strategic position as the hub of the Indian Ocean, it is making strong progress at the global and domestic level, securing opportunities for local businesses in global production networks and bringing opportunities to rural communities by building infrastructure connecting rural and urban areas and linking Sri Lanka’s economic hubs.

 


 

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