People's Bank is a state-owned commercial bank in Sri Lanka and the second-largest commercial bank in Sri Lanka. Established on 1 July 1961, it has headquarters in Sir Chittampalam A. Gardiner Street in Colombo. Sri Lankan People's bank offers retail and corporate banking services, with a network of 739 local branches and service centers, with over 14 million customers. People's Bank received a high national long-Term Rating of AA+ by Fitch Ratings. The People's Bank has recently become Sri Lanka's best performing bank.
Sending money to People's Bank bank accounts in Sri Lanka is easy with Remitbee. It just takes six easy steps.
There are many benefits to sending directly to People's Bank with Remitbee. Here's a quick overview:
Here is the information that you'll need to complete the transfer through Remitbee. Two separate delivery methods have different requirements.
Wire transfer to People's Bank Sri Lanka bank account
We try to keep our fees as low as possible and assess rates daily to bring you the most competitive Sri Lankan Rupee exchange rates on the market. There are small fees when you choose to use bill, Interact or debit card payment methods, but you can also use the Remitbee Wallet without paying fees at any time. We are upfront about any fees, and you can see them in the application before you send money to Sri Lanka.
There are many different banks in Sri Lanka, just like there are in Canada and every other country worldwide. When you use Remitbee, we send your money directly from your account to the bank account in Sri Lanka without passing it through other middlemen. Here are a few of the other branches you can use to send money from Canada to Sri Lanka with our service:
International wire transfers take place using the SWIFT network. Transfer instructions are sent from the sender's bank to the recipient's bank, and any fees are assessed before the transfer is approved. One of the banks will calculate the exchange rate CAD to LKR, and the money is moved between accounts.
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
The transfers typically take between 1 and 2 days, but some transfers happen instantly.
If you verify your identity on our platform, you can send up to 9,000 CAD per day, with a maximum of 50,000 CAD per month.
Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:
The maximum amount of your CAD to LKR money transfer depends on the verification level you have. Here is a quick overview
Remember, verification is a one-time process. Once you have been verified, there is no need to provide any other documents.
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