Cargills Bank partners with Crosspay to strengthen remittance services

Wednesday, 16 May 2018 00:00 - - {{hitsCtrl.values.hits}}

Cargills Bank partnered with Crosspay, a new generation money transfer service provider to enhance and strengthen the remittance services offered by the bank.

The partnership is set to cash in on the growing demand for instant, digital remittances among the Sri Lankans living abroad, especially for Sri Lankans living in the United Kingdom, Denmark, Norway and Sweden.

Beneficiaries have the options of both direct account credit to Cargills Bank and other Banks or cash pickup from Cargills Bank branches or Cargills Food City outlets open island wide from 8 a.m. to 10 p.m., 365 days of the year.

Cargills Bank Head of Retail Banking Buddika Perera said: “As a part of our drive to strengthen bank’s remittance service, we are pleased to add Crosspay to our partner network. We are confident that this partnership would support the Sri Lankan diaspora and their recipients with a wider choice of partners and collection points.”

“Beneficiaries particularly in the rural and remote regions would benefit from our service as it enables to collect cash remittance simply from the nearby Cargills Food City outlet. The augmented offering of 5% discount on the Cargills Food City bill when they collect cash remittance from any Cargills Food City outlet will no doubt add value to regular shoppers,” he added.

Crosspay founder and CEO Rakesh Kurian said: “Over the years, Crosspay has become the preferred partner for both customers and money transfer providers. Our partnership with Cargills Bank will allow us to strengthen the services we offer for Sri Lankans living abroad by providing them with the simplest and technologically advanced platform for international money transfer services. We are excited to be one of the first in transforming the way remittances are send to Sri Lanka from Europe. With this move, we are reaching closer to our mission of making Crosspay, one of the world’s most customer-centric remittance platforms.” Crosspay is a worldwide money transfer service provider which is built in a simple and robust format to give users the most convenient, cost-efficient and the best alternative to the traditional money transfer services. With Crosspay users can send money from anywhere in UK and Scandinavia to over 30 countries all across Africa, Asia, Australia, Europe, and North America. Money can be sent via Crosspay and users can receive either via bank deposit, account credit, or cash pick-up.

Cargills is a brand that has been faithfully serving Sri Lankans for 173 years, built on a foundation of values and ethics. True to this heritage and the ethos of ‘Banking on the Human Spirit,’ Cargills Bank is taking banking to the masses by being inclusive and accessible. Cargills Bank’s Head Office is in Colpetty with branches at Maitland Crescent, Maharagama, Old Moor Street, Rajagiriya, Wattala, Kandy, Peradeniya, Nuwara Eliya, Ratnapura, Thanamalwila, Matara, Galle, Kurunegala, Kaduruwela, Vavuniya, Chunnakam and Jaffna.