DFCC Bank, CDB enter into strategic partnership to expand inward remittance services

DFCC Bank Director/CEO Thimal Perera (left) and CDB MD/CEO Mahesh Nanayakkara exchange the MoU. Others (from left): CDB Senior Executive Lakshitha Maduranga, DFCC Bank Assistant Vice President, Remittances Christie Mariyadasan, DFCC Bank Offshore Banking, Remittances & Business Development Senior Vice President Anton Arumugam, CDB Director Sales and Business Development Sasindra Munasinghe, CDB Director Corporate Finance Roshan Abeygoonawardena, and CDB AGM Remittances Ashad Weerabangsa.

DFCC Bank PLC, one of Sri Lanka’s most trusted banks and a leader in inward remittances, has partnered with Citizens Development Business Finance PLC (CDB) one of the top four largest non-banking financial institutions (NBFIs) in Sri Lanka, to promote convenient access to inward remittances.  CDB is the 10th financial institution to become a partner on the Lanka Money Transfer (LMT) platform; a comprehensive, secure, seamless, and reliable remittances platform designed, created and operated by DFCC Bank PLC. As a result, DFCC Bank PLC, a bank with over 65 years of experience and CDB, a well-established and multi-award-winning financial institution, can now work together to facilitate inward remittances to Sri Lanka.