Thursday 14 May 2015

Xoom partners with Sampath Bank

Xoom Corporation (NASDAQ: XOOM), a digital money transfer provider, announced the launch of its money transfer service to Sri Lanka. Xoom has partnered with Sampath Bank, to offer instant deposits to Sampath Bank accounts in Sri Lanka.

Furthermore, Xoom will also provide bank deposits within 24 hours to other banks in Sri Lanka, including Hatton National Bank, Bank of Ceylon, Peoples Bank, Commercial Bank, and more. With the addition of Sri Lanka, Xoom's money transfer services now reach 33 countries.

"We are delighted to extend Xoom's services to the Sri Lankan market," said John Kunze, Xoom's President and CEO. "With our breakthrough technology, Sri Lankans in the U.S. can securely, conveniently, and cost-effectively send money to their friends and family back home."

"Sampath Bank is very proud to announce its partnership with Xoom," said Mr. Kusal De Silva, Senior Manager of Remittances at Sampath Bank. "This is yet another step by the bank to provide an even more convenient service for its customers.

Through our collaboration with Xoom, families in the U.S can send money to their loved ones in Sri Lanka instantly and safely." [0]Xoom makes it secure and convenient for Sri Lankan immigrants to send money from their computer, tablet, or mobile phone.

When paying with a bank account, customers can send up to $1,000 for just $4.99, and transfers are fee-free for transactions over $1,000.
www.dailynews.lk

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