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People’s Bank opens a banking counter at Passport Office to add further convenience to migrant workers

The Island, Sri Lanka, 14 December 2021 - People’s Bank has stepped forward to support the Department of Immigration and Emigration by establishing a new banking counter at ‘Suhurupaya’, Battaramulla recently.

This initiative was taken with the aim of supporting the Central Bank of Sri Lanka’s ongoing efforts to boost the country’s foreign reserves by offering migrant workers access to safe, official remittance channels from the time they obtain new passports or renew their passports in order to leave for jobs abroad.

Chief Guest of the opening ceremony Ajith Nivard Cabraal – Governor of the Central Bank of Sri Lanka commented, “A lot of Sri Lankans go overseas for jobs and send their hard-earned money to Sri Lanka. Sometimes they face issues when remitting money. So we thought we should provide the opportunity for them to open an account as they obtain their passports at the passport office which they can operate with greater ease and trust when sending money to their families from abroad. The Controller of Immigration and Emigration, his staff, the officials at the Central Bank and at other relevant banks worked in unison to establish their counters here just within a week. This shows that government institutions can collaborate with the private sector and quickly accomplish any task for the benefit of the country and its people. Our hard-working migrant workforce will enjoy the convenience and reliability of this service. As a result of it, more foreign money will flow into the country and the nation will reap benefits from it.”

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Source: https://island.lk/peoples-bank-opens-a-banking-counter-at-passport-office-to-add-further-convenience-to-migrant-workers/

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