Western Union Expands with Seylan Bank in Sri Lanka

Press Release By Western Union Published OnAugust 1, 2020

COLOMBO, AUGUST  XX 2020 Western Union, a global leader in cross-border, cross-currency money movement and payments, today announced a collaboration with Seylan Bank, enabling receivers in Sri Lanka to connect to their loved ones around the world. Customers in Sri Lanka can now receive money at over 170 Seylan Bank locations across the country.

“At Western Union, we have adopted a truly global and inclusive perspective by considering the needs of customers in markets across the world,” said Sohini Rajola, Head of Network, Middle East and Asia Pacific, Western Union. “We are excited about our collaboration with Seylan Bank, providing customers with additional locations to receive money. The common vision we share to facilitate customers in the country to connect to their loved ones in over 200 countries and territories across the globe, is what drives us to provide high service levels.”

Over the years, Sri Lankans living and working overseas have continued to support their loved ones back home,” said Kapila Ariyaratne, Director /CEO, Seylan Bank. “When receiving money from abroad, customers look for convenience, speed and reliability. We are glad to provide that in partnership with Western Union – reaching not just the city, but also rural outposts. Throughout our history, we have placed customer aspirations at the heart of everything we do, and we will continue to do so.”

Western Union’s unique ability to partner with a growing base of local financial institutions is driving financial inclusion and improving last-mile access for millions of unbanked and underbanked populations. Western Union serves customers from a large network of Agent locations, offering unparalleled convenience to customers in Sri Lanka. Customers are advised to check the Agent Locator link for the status of the nearest locations.

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About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Our omnichannel platform connects the digital and physical worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. As of June 30, 2020, our network included over 550,000 retail agent locations offering our branded services in more than 200 countries and territories, with the capability to send money to billions of accounts. Additionally, westernunion.com, our fastest growing channel in 2019, is available in over 75 countries, plus additional territories, to move money around the world. With our global reach, Western Union moves money for better, connecting family, friends, and businesses to enable financial inclusion and support economic growth. For more information, visit www.westernunion.com.

About Seylan Bank

Seylan Bank PLC is a Sri Lankan Public Limited Liability Company incorporated in 1987. The Bank focuses on conventional commercial banking and operates from its Head Office in Colombo through its island-wide network of 172 branches.

Seylan Bank operates with a vision to offer an ultimate banking experience to its valued customers and is evolving rapidly with new technology, innovative products, and services to set a new benchmark in the banking sector. The Bank takes pride in producing many “industry firsts” with a product portfolio designed to deliver true value to its customers.

The Bank has expanded its footprint with over 172 branches across the country and boasts an ATM network of over 215 units covering crucial locations while 10 branches provide 365-day banking. Seylan Bank has a growing clientele of SME’s, Retail, Corporate Customers and has been recognized in the global arena for its excellence in Digital Marketing.

Media Contacts:

Western Union Asia-Pacific
Karen Santos; 

Seylan Bank:  Khalid Yoonus