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Seylan
Bank strikes deal with Korea Exchange Bank
Partnership
to provide special remittance service for Lankan migrant
workers
 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 enrol 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. The account holder will have several
options of remitting money to Sri Lanka.1.Visit any
branch of Korea Exchange Bank and apply for a TT remittance.
2. Mobile phone remittance (called “Korean Dream
phone” service). 3. Pre-arranged remittances through
designated accounts of remitter and beneficiary (called
“Easy One” service). 4. ATM remittance service-overseas
money transfers with Cheque card/Debit card. Moneys
credited to beneficiary’s account within 24 hours
at the lowest remittance fee.
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