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Cargills Bank expands remittance partners; ties up with UAE’s Instant Cash

28 Apr 2017 - {{hitsCtrl.values.hits}}      

Cargills Bank prioritizes customer convenience and value by progressively expanding remittance access points to its customers and through its latest tie-up with another leading money transfer service partner, Instant Cash. Cargills Bank has made its foreign remittance collection services more accessible through a network of more than 300 Cargills Food City outlets islandwide, 365 days of the year.  Customers can enjoy a 5 percent discount on their purchases when they collect their remittance cash at any Cargills Food City outlet, which is open from 8:00 a.m. to 10:00 p.m. The objective of Cargills Bank in providing this discount when collecting remittance at Cargills Food City supermarkets is to ensure that customers’ families benefit from a wide range of services provided by the Cargills group. 
Cargills Bank’s latest tie-up with Instant Cash strengthens the bank’s remittance services. Instant Cash is one of the fastest growing money transfer companies in the world today, offering customers competitive rates and low sending charges. 
Instant Cash, a member of the Emirates Post group, has its head office in Dubai, UAE and is supported by local offices in India, Pakistan, Bangladesh, the Philippines, Qatar and Oman.
Instant Cash CEO Philip Daniel has viewed a positive forecast for their business in Sri Lanka and in the Indian subcontinent as a whole, recently stating at an international conference that the priority is to continue to provide a faster and robust service at affordable charges for the expats using Instant Cash to send money back home. 
Cargills Bank is a fully-fledged commercial bank providing a comprehensive portfolio of products and services to support personal and business banking needs from current and savings accounts, fixed deposits, trade services and treasury services. 
Cargills Bank also offers an array of innovative and technologically advanced digital banking services to assist customers with its daily banking. The bank is going through an expansion drive to increase customer touchpoints. It has also expanded its ATM network joining with more than 3,800 ATMs accessible to its customers to transact through the Cargills Bank partnership with the Lanka Pay’s Common ATM Network. 
At present Cargills Bank Head Office is in Kollupitiya. Altogether, the bank operates 15 branches islandwide, the rest located in Old Moor Street, Maitland Crescent, Maharagama, Kurunegala, Vavuniya, Matara, Jaffna, Chunnakam, Hawa Eliya, Thanamalwila, Galle, Kandy, Peradeniya and Nuwara Eliya.