CBSL announces a series of benefits to encourage remittances to foreigners through official channels

The Central Bank of Sri Lanka (CBSL) has announced a series of benefits to ensure that more migrant workers send remittances to the island via official channels.

 

Cabraal also noted that the CBSL hopes to provide more benefits when the migrant workers send remittances. Additionally, steps are taken by banks to provide benefits at their level.

 

In this backdrop, the CBSL yesterday said it has received information that some Sri Lankan expatriates send remittances to their dependents on the island nation - knowingly or unknowingly - through various racketeers.

 

Accordingly, the CBSL informed all Sri Lankans residing abroad and their dependents not to fall victim to illegal operators.