Cash rewards totaling Rs 4 million are to be showered on Commercial Bank’s remittance customers in an early countdown to the Sinhala and Tamil New Year and Ramadan.

Over eight weeks commencing February and ending on 9th April, Sri Lanka’s benchmark private sector bank will select 160 recipients of remittances routed via the bank’s ‘RemitPlus’ money transfer service for cash prizes of Rs 25,000 each, rewarding 20 lucky winners per week at a promotion titled ComBank RemitPlus ‘Pita Rata Wasi.’

The Bank said the names of the winners will be published in the Bank’s own social media channels, and on the RemitPlus App from 19th February onwards.

ComBank’s RemitPlus is a sophisticated, low cost, real time, online money transfer facility which enables Sri Lankan expatriates to make instant money transfers from many countries around the world. Available to remitters through a network of agents and Business Partners in more than 130 countries, ComBank RemitPlus remittances are credited to the recipients’ Commercial Bank accounts instantly at any time of the day, any day of the year.

Commercial Bank has also launched the ‘ComBank RemitPlus App’ which is designed for customers to get all the remittance related information they need without any hassle. Anyone can download the RemitPlus app via App store or Google play store and use it without a joining fee or annual fee. 

Regular remittance receivers are eligible to open a Remittance Account at Commercial Bank and receive a Remittance Card free of charge. The funds credited to a Remittance Accounts can be accessed via the Remittance Card. 

Commercial Bank is one of the most active players in Sri Lanka in the field of remittances. One of the Bank’s key strengths is its island-wide network of strategically located branches, many of which remain open on public, bank and mercantile holidays, and its network of 964 ATMs, one of the largest automated cash dispensing systems owned by a single private bank in Sri Lanka. 

Recipients of remittances sent to the Bank enjoy many benefits such Holiday Banking Centres and supermarket counters, a dedicated customer support call centre for remittances and SMS alerts facilities once the remittance is received and is ready to be paid out.

Commercial Bank is the largest private sector bank in Sri Lanka and the first Sri Lankan bank to be listed among the Top 1000 Banks of the World. The Bank is the largest lender to Sri Lanka’s SME sector, and is a leader in digital innovation in the country’s Banking sector. Commercial Bank has the widest international footprint among Sri Lankan Banks, with 20 outlets in Bangladesh, a Microfinance company in Nay Pyi Taw, Myanmar, and a fully-fledged Tier I Bank with a majority stake in the Maldives.