People's Bank unveils foreign remittance promotion

People's Bank launched a foreign currency promotional program - Foreign Currency Gold Fortune 2016 for those living and working abroad who send money to their loved ones in Sri Lanka. This promotion which offers 22k one sovereign gold coins on a weekly basis for 28 weeks will be operational throughout the year.

Deputy General Manager - International Banking at People's Bank, Shobani Prathapasinghe said, "People go abroad in pursuit of employment that allows them to save and send money back to their loved ones in Sri Lanka. Many of these workers toil in difficult conditions in a foreign country while holding on to the hope that this sacrifice of being away from their families will secure the future for themselves and their loved ones."

"The Foreign Currency Gold Fortune 2016 is a one-of-a-kind promotion to benefit these people who use People's Instant Remit, People's e-Remittance, Swift and Telex, modes to transfer money back home to Sri Lanka," she said.

"This promotion is the People's Bank's way of saluting the spirit of these migrant workers. Rewarding them with gold coins when they remit money is our way of appreciating and valuing this segment of our population, who contribute to the national economy," Prathapasinghe said.