Seylan Bank introduces “Ethera Kaasi Savings Account” for remittance beneficiaries

Monday, 30 December 2024 01:54 - - {{hitsCtrl.values.hits}}

Seylan Bank, has launched the Ethera Kaasi Savings Account, a specialised savings account designed to benefit the families of expatriate workers and recipients of worker remittances.

This new offering aims to encourage savings among those who rely on remittances as a crucial source of income.

The Ethera Kaasi Savings Account can be opened with a minimal initial deposit of Rs. 3,500, and beneficiaries must receive a remittance within 60 days of account opening to be eligible for the benefits. Customers will enjoy no issuance fees for ATM cards during the first year, along with free internet banking access for the same period.

Additionally, customers will benefit from a waiver of early settlement on Seylan Pawning and Gold Loan products. Account holders will also have the opportunity to participate in the Seylan Mega Rewards program, which offers cash grants and gifts to help customers achieve their personal aspirations during significant life events. This includes a 50% waiver of processing fees for Leasing and attractive retirement plans. Seylan Bank Assistant General Manager – Marketing and Sales Asiri Abhayaratne said: “We are thrilled to introduce the Ethera Kaasi Savings Account as a meaningful way to support the families of expatriate workers. This account not only provides a secure place for their hard-earned money, but also empowers them to build a brighter future through savings. We believe that every remittance can be a stepping stone toward achieving personal aspirations, whether it’s investing in education, starting a business, or planning for special life events. By eliminating fees and offering additional rewards, we aim to create an ecosystem that encourages financial growth and stability for our customers.”

Joining hands with a number of overseas agents, Seylan Bank offers a range of remittance services which have been exclusively designed for those living abroad to send money to Sri Lanka the faster and easier way. Its worldwide agents including Western Union, RIA, TransFast, Instant Cash and PLACID are present in over 100 countries and territories.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.