NDB supports growth of remittances

Friday, 1 February 2013 00:01 - - {{hitsCtrl.values.hits}}

Appoints Union Chemists as Sub Agent for Western Union Money Transfer Service

National Development Bank PLC (NDB) recently tied up with Union Chemists (Pte) Limited, enabling the company to provide Western Union money transfer service to beneficiaries through their branches island-wide.

The service, which will be soon implemented, would enable customers to have access to instant cash remitted from overseas until as late as 11 p.m. daily at Union Chemists’ stores.

NDB is a primary agent for Western Union money transfer service in Sri Lanka and has previously appointed Regional Development Bank, Singer (Sri Lanka) PLC and Vision Care Optical Services (Pvt) Ltd as sub agents in a bid to make the service more accessible for its customers. The latest agreement with Union Chemists will enable the bank to further strengthen the reach of this service and generate more opportunities for growth of the popular money transfer facility.

With a rich history of more than 160 years, Western Union is an undisputed leader in the global money transfer industry and counts over 500,000 authorised agents in more than 200 countries worldwide. Western Union facilitates reliable, speedy and secure electronic money transferring to its clients making it simple and convenient to send and receive money across borders.

As a primary agent for Western Union in Sri Lanka, NDB has been sharing a rewarding partnership with the global company for over five years. Appointment of Union Chemists as a sub agent will foster greater opportunity for the growth and propagation of the service amongst the public.

Union Chemists (Pte) Ltd. is a private sector pharmacy, synonymous with medicine in the retail healthcare delivery system. Having served the nation for almost a half a century, Union Chemists are renowned for holding stock of the full complement of health care related products where the dispensing of over the counter medication and prescription medicine are efficiently carried out by a team of qualified registered pharmacists.