Doha Bank signs agreement with Bank of Ceylon for remittance

Doha Bank has entered into an agreement with Bank of Ceylon, the largest bank in Sri Lanka, for the remittance of funds from Qatar to Sri Lanka.The signing ceremony was held during an event titled ‘Qatar-Sri Lanka Bilateral Opportunities’ between Doha Bank CEO Dr R Seetharaman and Bank of Ceylon deputy general manager – Treasury & International D P K Gunasekara. Chairman Ronald C Perera and CEO Senarath Bandara were present during the occasion. Bank of Ceylon has a large network with over 627 branches spread all over the island nation and has the ability to transfer the funds quickly and serve the customers efficiently. Doha Bank’s customers will be able to transfer money online from their Doha Bank account to their account with any branch of Bank of Ceylon in Sri Lanka. Sri Lankan customers in Doha will also be able to remit funds to beneficiaries having accounts with any other bank in Sri Lanka. The beneficiaries can collect cash from any branch of Bank of Ceylon. Seetharaman said: “The tie-up with Bank of Ceylon will provide an opportunity to extend our services to the Sri Lankan community in Qatar by meeting their banking and remittance requirements.  The customers will be able to access their funds instantly. We are committed to serving our customers in every possible manner and provide them a seamless banking experience.” Gunasekara said: “This association with Doha Bank is a commitment of the bank towards providing cost-effective services to Sri Lankan nationals who live and work in Qatar. The arrangement will enable us to provide our customers convenient and secure services by expanding our remittance network from Qatar to Sri Lanka.”Doha Bank acting chief Retail Banking officer Braik Ali H S al-Marri said, “The arrangement is very convenient and cost-effective for Sri Lankan nationals to remit their funds to their home country. It offers online transfer of money in Sri Lankan rupees from Qatar to Sri Lanka. Doha Bank has placed an exclusive relationship manager for Sri Lankan customers at the International Relations Centre (IRC) D Ring Road Branch to serve Doha Bank Sri Lankan customers for banking needs in Qatar and their home country.”