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1.00 CAD

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Why choose LB Finance PLC Bank?

LB Finance PLC (LBF) is a licensed finance company that was established in May 1971 as a private limited liability company and later converted to a public limited liability company in 1982. It became listed on the Colombo Stock Exchange in 1998 and was re-registered under the new Companies Act No. 7 of 2007 in June 2008. Initially, the majority shareholding was held by Lewis Brown & Company Limited, but in 1994, Vanik Incorporation Limited acquired controlling interest. In 2003, Mr. Dhammika Perera took over the Company and transformed it into a leading finance company. LBF is part of the Vallibel One Group, a diversified holding company with strategic investments in various industries. With a strong financial tradition of over 50 years, LBF provides a range of financial solutions trusted by corporates, SMEs, and individuals. It operates a wide network of more than 185 branches in Sri Lanka and 12 branches in Myanmar.

Don’t just take our words for it

We have thousands of happy Remitbee users to back it up

Anusha

RemitBee transformed sending money to Sri Lanka into a seamless experience! Their simplicity and reliability impressed me. It's my go-to platform now.

Nimal

Sending money with RemitBee to Sri Lanka was a game-changer! The process was incredibly simple and worry-free. I'm genuinely impressed with their service

Tharushi

I had a fantastic experience using RemitBee to send money to Sri Lanka. It's a game-changer, making the whole process simple and worry-free. I highly recommend it!

Easy with Remitbee

How to Send Money to LB Finance PLC Bank

Set up a free Remitbee account

Secure Verification

Provide your personal information, including your full name, address, and occupation. Verify your email and phone number for enhanced security.

Select Bank Details & Payment Method

Enter the recipient's bank details, such as the bank name and account number. Choose between money pickup or direct deposit options based on your preference.

Monitor CAD to LKR Rates, Transfer Funds, Confirm Transaction

Check the real-time exchange rate between CAD and LKR. Once satisfied, enter the desired amount to send, select your preferred payment method, and confirm the transfer. While payment method fees remain fixed, exchange rates may fluctuate daily.

Track Your Transfer Progress with Remitbee App

Track your transfer. You have successfully completed all the necessary steps! Monitor the progress of your transfer using the Remitbee app and witness its secure arrival in Sri Lanka.

Safe Money Delivery for Your Loved Ones

Embrace your hero status! By sending money online to support your family in Sri Lanka, you are truly a hero. Remitbee is dedicated to providing a service that truly values and appreciates heroes like yourself.

Send to all major banks in Sri Lanka

What information you’ll need to
complete the transfer

Wire transfer to bank account

Recipient's name: Please ensure that the recipient's name matches exactly as it appears on their bank statements to ensure smooth transfer processing.
Address:Specify the branch address where the funds should be directed, ensuring accurate delivery to the recipient's city.
Bank name: Indicate the name of the Sri Lankan bank where the funds will be sent.
Account Number: Include the recipient's account number to ensure the funds are accurately directed to the intended account.

Cash pickup

Name – Provide the full name of the individual who will be collecting the funds for proper identification.
Phone number – Enter the recipient's phone number for communication purposes.
Pickup Location – Specify the name of the bank or financial institution where the recipient will retrieve the funds.

How Remitbee calculates the exchange rate

At Remitbee, our aim is to keep fees at a minimum while continuously reviewing rates to provide you with the most competitive exchange rates for the Sri Lankan Rupee. While there may be small fees associated with bill payments, Interac transfers, and debit card payments, you have the choice to use the Remitbee Wallet without incurring any fees. We prioritize transparency and make it convenient for you to view the applicable fees within the application before initiating your money transfer to Sri Lanka.

What are the benefits of sending
directly to LB Finance PLC Bank?

Enhanced Security

Rest assured with Remitbee's secure online platform, providing advanced security measures that go beyond traditional offline methods.

Fast Transactions

Experience expedited processes that ensure quick and efficient delivery to the recipient, guaranteeing your funds reach their destination promptly.

Convenience

Enjoy the convenience of completing your transaction from the comfort of your home, eliminating the need for in-person visits or lengthy procedures.

Instant Access

Gain immediate access to the funds as soon as the transfer is completed, allowing for seamless and hassle-free use of the transferred amount.

How international money transfers work

International wire transfers rely on the SWIFT network to facilitate the transmission of transfer instructions from the sender's bank to the recipient's bank. Before approving the transfer, any relevant fees are assessed. The exchange rate between CAD and LKR is determined by either the sender's bank or the recipient's bank, and the funds are subsequently transferred between the respective accounts.

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.

Best way to send money from Canada on the go

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.

Frequently Asked Questions

Have a question? We have an answer

Can I use RemitBee to send money to an LB Finance Bank account in Sri Lanka?

Yes. You can send money from Canada to an LB Finance Bank account in Sri Lanka using RemitBee.

How can I pay for my money transfer to LB Finance Bank?

You have the flexibility to select from various payment options, including Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer, as well as Visa or Mastercard Debit.

How will LB Finance Bank money transfers to Sri Lanka be delivered?

The funds will be delivered through LB Finance Bank's system directly to the recipient's account, providing them with visibility of when the money arrives. While the average processing time is one business day, in certain cases, it can be as quick as a few minutes.

What is the maximum amount I can send to an LB Finance Bank account?

The maximum amount you can transfer depends on your verification level. Once you have been authenticated, you have the capability to send up to 9,000 CAD per day and 50,000 CAD per month. Explore further details about our verification levels to determine which one suits your needs best.

How much does Remitbee charge to send money to Sri Lanka bank accounts?

Transfers exceeding 500 CAD incur no charges, while transfers below 500 CAD are subject to the following fees:

Interac Online - $2.99
E-transfer – Free
Bill Payment – Free
Electronic Funds Transfer – Free
Visa or Mastercard Debit - $2.99+

What is the maximum amount you can transfer to an LB Finance Bank account from Canada in LKR?

The maximum amount you can transfer from CAD to LKR depends on your verification level. Here's a summary of the different levels:

Here are the levels of verification and corresponding amounts:

Level 1: 300 CAD daily, 600 CAD monthly (no documents needed)
Level 2: 3,000 CAD daily, 25,000 CAD monthly
Level 3: 9,000 CAD daily, 50,000 CAD monthly
For even bigger, faster, and safer transfers, Level 4 verification skips the extra paperwork.

It's important to note that our verification process is a one-time requirement, and once you have been confirmed, there is no need to provide any additional documents.