BOC in major drive to increase foreign remittance inflows

Enhancing convenience for Sri Lankan expatriates with the assurance of highest possible benefit for the hard-earned money from overseas assignments they are engaged with, Bank of Ceylon (BOC) offers an array of services and products seamlessly through its multi-faceted service channels. 
Apart from its specially formulated accounts that offer best possible benefits to the account holder, the bank has established a service channel that adds value throughout the transaction process. Enabling expatriates to access the remitting facility seamlessly, the bank has placed its representative network across the globe, ensuring a secured, reliable, convenient and fast fund remittances service. BOC has deployed 26 business promotion officers (BPO) in seven key foreign employment destinations for Sri Lankans, while providing the services in three countries, offsite. 

With the help of the bank’s representative network, customers can avail themselves to remit their funds through the BOC Smart Remit facility, which has been recognised as one of the fastest and most secured remittance transfer services and with the recent system upgrades, it provides real-time fund transfers for BOC customers across the world. 
To assure customers that they receive the best attention they require at all times with regard to all their inquiries, BOC has formed the BOC Foreign Circle, the international support service unit dedicated to respond to queries related to foreign remittances transactions and other services available for them, which include instant account opening, obtaining ATM and other cards, loans and online banking services. BOC encourages the Sri Lankan expatriate community to avail themselves of these products and services by simply contacting BOC Foreign Circle through WhatsApp, Viber or IMO through the following numbers for more information and assistance: 0707 203 203, 0707 204 204, 0707 205 205.

The BOC Personal Foreign Currency Account (PFCA), which is embedded with unique features, remains a key product in the portfolio of BOC’s foreign exchange products. Any expatriate Sri Lankan and his or her family members living in Sri Lanka is eligible to open a PFCA with BOC. BOC Special Deposit Account (SDA), which offers attractive interest rates, is another popular product among the expatriate community. While offering the best market interest rates, BOC foreign currency accounts come with a 100 percent guarantee on the deposit holders’ funds. 
Encouraging inward remittance to come through proper channels that would enable the country to benefit largely, the bank introduced the ‘BOC’s Pita Pita Rata Thegi’ promotion, which has become a successful initiative that rewards and incentivises expatriate Sri Lankans for their patriotism. The expatriates stand the opportunity to win back-to-back valuable gifts in daily, weekly and monthly draws, including a grand price, a luxury villa worth Rs.30 million in the latest Pita Pita Rata 
Thegi promotion.