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Sri Lanka
| Type | Description |
|---|---|
| Direct to Bank Method |
Direct credit to bank account or wallet in Sri Lankan Rupee (LKR)
Supported sender type - Individual and Corporate Supported beneficiary type – Individual and Corporate |
| Transaction Turnaround Time |
Transaction received up to Mon – Fri 11.00 a.m. (GMT 5.5) – Same business day process and credit, subject to receiving bank acceptance
Transaction received after Mon – Fri 11.00 a.m. (GMT 5.5) – Next business day process and credit, subject to receiving bank acceptance Transaction final status received T+1 business Subjected to Singapore office timing and funds being received |
| Area availability | Sri Lanka nationwide |
| Validation / Verification | Please ensure correct beneficiary name |
| Account received | Beneficiary received net amount as specified by sender |
| Transaction Limit |
Maximum per transaction LKR 1,000,000.00
Minimum per transaction LKR 100.00 Daily Limit LKR 5,000,000.00 Compliance Limit - LKR 500,000 Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit |
| Service Charge | Transaction fee will not be refunded upon submitted to the banks |
| Cancellation Process | Cancellation is on best effort basis |
| Type | Description |
|---|---|
| Cash-out Method |
Cash-out Method Cash pick up Sri Lankan Rupee (LKR) at any supported outlets
Supported sender type - Individual and Corporate Supported beneficiary type - Individual |
| Transaction Turnaround Time |
Within 15 minutes
Subjected to Singapore office timing and fundsbeing received |
| Transaction Working Hours | Business hours: Operating hours for all available cash-pickup locations differ, however normal business hours 9am – 3pm Monday – Friday (Sri Lanka timezone, GMT+5.5). Selected branches operate extended hours and weekend |
| Area availability | Sri Lanka nationwide |
| Account Verification | Beneficiary to provide valid photo-bearing ID (Government ID, Driving License, Passport) Name and Unique Transaction Number |
| Amount received | Beneficiary to be received the payout in the nearest LKR 1.00 |
| Transaction Limit |
Maximum per transaction LKR 200,000.00
Minimum per transaction LKR 100.00 |
| Service Charge | Transaction fee will not be refunded upon submitted to the payout agent |
| Cancellation Process | Cancellation is on best effort basis |