More cash prizes for COMBank’s ‘e-Exchange’ recipients

Wednesday, 17 November 2010 23:20 - - {{hitsCtrl.values.hits}}

This festive season, the Commercial Bank will reward 100 people with cash prizes totalling Rs. 2.5 million for using the Bank’s super-convenient ‘e-Exchange’ money transfer service.

Sri Lanka’s benchmark private bank has announced that 100 recipients of remittances via this popular Instant Money Transfer Service will win Rs. 25,000 each under this promotion.

All beneficiaries of remittances made between 15th November 2010 and 15th January 2011 will automatically go in to a grand draw which will be conducted at the end of the promotion period, the Bank said.

Commercial Bank also presented Rs. 2.5 million in cash to winners of an e-Exchange promotion conducted during the Sinhala and Tamil New Year season this year.

“The extensive island-wide network of Commercial Bank branches, a significant number of which are open even on public, bank and mercantile holidays, has made e-Exchange a preferred choice for recipients of foreign remittances,” Commercial Bank’s Senior Manager for e-Banking Pradeep Banduwansa said.

Recipients of remittances can collect proceeds from any of Commercial Bank’s 185 computer-linked branches and access their funds through the Bank’s ATM network of 385 terminals, which is the largest cash-dispensing system in the country.

Remitters can access this sophisticated yet cost effective real-time online money transfer facility through a network of agents spread across the world. In addition to these agents, Commercial Bank has placed Business Promotion Officers (BPOs) in Kuwait, Jordan, Oman, Qatar, Dubai and Saudi Arabia to assist remitters. Commercial Bank of Ceylon PLC has been adjudged Sri Lanka’s ‘Bank of the Year’ seven times by ‘The Banker,’ ‘Best Bank in Sri Lanka’ for 12 consecutive years by ‘Global Finance’ Magazine, and the Best Bank in Sri Lanka twice by FinanceAsia. It has also been rated ‘Best Local Trade Bank’ in Sri Lanka by the UK based ‘Trade Finance’ magazine.