Bank of Ceylon woos more foreign remittances with Triple Wasi

Monday, 25 April 2016 00:00 -     - {{hitsCtrl.values.hits}}

Untitled-2Now customers who send foreign remittances to the Bank of Ceylon could win three times of the amount remitted by them, in addition to what they have remitted through BOC ‘Triple Wasi’ promotion. With the bank’s foreign correspondent network consisting over 750 correspondent banks and over 101 exchange houses around the world customers can get their money remitted to Sri Lanka speedily, more securely and conveniently for their loved ones or to their own accounts. 

Customers who receive foreign remittance through the Bank of Ceylon enjoy the privilege of obtaining money through any of 627 BOC branches or any of BOC 521 ATMs located across the country. Whether customers are to receive remittances to their foreign currency accounts, LKR accounts or simply over the counter through a secret PIN number are entitled for this draw. BOC’s Head Office Personal branch at Colombo Fort is kept open 24 X 7 to provide banking services to its customers.

The first phase of the‘Triple Wasi’ draw will be held for remittances received during 5 April to 15 May, second draw during 1 June to 31 July and the final draw during 1 October till 31 December. The bank will disburse a total sum of Rs. 12.5 million among 125 winners during these three draws. The prize money will be given equivalent to Sri Lankan rupees to winners up to a maximum of Rs. 100,000 for each winner. Customers will have more chances of winning by sending multiple remittances through BOC. 

Other than bank’s own BOC Smart-remit system, customers can send money through SWIFT, Money Gram, Ez-Remit, Xpressmoney, Ria, Prabhu money and Sigue to any BOC account, to any other bank account or simply to obtain cash over the counter.“As a part of the bank’s digital transformation process bank has upgraded its system that all remittances received for BOC accounts will be credited to theaccount real-time and other bank remittances will be forwarded to respective banks immediately. Enhancing customer convenience bank also notifies the recipient of the money through an SMS alert as soon as the money is received to the bank,”stated International Treasury and Investment Deputy General Manager S.M.S.C. Jayasuriya.

Since 1939, for more than 76 years ‘Bankers to the Nation’, Bank of Ceylon has been a trusted partner for all Sri Lankans. The Bank of Ceylon was named as the Strongest Bank in the country for the year 2015 by the prestigious ‘The Asian Banker’ and it earned global recognition as one of the top 1000 banks in the world, (Country rank No.1) as listed by ‘The Banker Magazine’ (UK) respectively in 2012, 2013, 2014 and 2015. The Bank of Ceylon won the overall Gold Award at the NBEA Awards Ceremony 2015 with five other ‘Winner’ awards. 

The bank claimed its award as the only Sri Lankan brand recognised as one ofthe Asia’s Best Brands in 2013 awardedby the Chief Marketing Officer’s Council (CMO Council) based in Mumbai, India. Brand Finance Lanka ranked Bank of Ceylon as the country’s No. 1 brand for the last seven consecutive years. The bank has passed exceptional milestones in recent years such as becoming the first to gain over Rs.1.5 trillion assets and over Rs. 1.0trillion deposits. 

Focusing on the bank’s achievement, Fitch Rating Lanka ranked the Bank of Ceylon at AA+(lka) which is the highest rating awarded to a local commercial bank and ICRA (lk) awarded AAA rating which is the highest credit quality rating issued by ICRA Lanka. Bank of Ceylon maintains international presence with three overseas branches and a subsidiary in London.

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