Don’t miss the latest developments in business and finance.

TerraPay Expands Footprint in Asia, Partners With Pan Asia Bank for Instant Money Transfers to Sri Lanka

Image
Press Trust of India AMSTERDAM and COLOMBO
Last Updated : Feb 20 2019 | 5:00 PM IST

/ --
Sri Lankan migrants worldwide can now send money instantly and 24*7 to any bank account in Sri Lanka
(Logo: https://mma.prnewswire.com/media/717237/TerraPay_Logo.jpg )
(Photo: https://mma.prnewswire.com/media/824365/TerraPay_Pan_Asia_Bank.jpg )
Aniruddha Sane, Chief Business Officer of TerraPay, commented, "We are delighted to partner with Pan Asia Bank, a leading bank in Sri Lanka, for instant money transfers to over 10 Million bank accounts. Globally, TerraPay enables more than 1.5 Billion bank accounts and 200+ Million mobile money wallets in over 50 countries to receive real-time cross-border money transfers. Our target is to double these figures by 2020 and Asia will be at the forefront of this growth."

Gerald Wanigarathne, DGM- Information Technology of Pan Asia Bank, said, "We are elated to partner with TerraPay as a part of our expansion strategy in the remittance business and to offer our customers a convenient and fast remittances service through our banking network. Without a doubt this will further strengthen Pan Asia Bank's ability to provide a broader range of banking services to our existing and potential customers."
About TerraPay

Also Read

First Published: Feb 20 2019 | 5:00 PM IST

Next Story