The e-Remittance Solution is one of the products that is offered by EFutures, the premiere web and software development company said in a press release last week.
“With Sri Lanka specialising in providing skilled services in foreign countries, most of the foreign exchange to Sri Lanka is received through remittances to banks. The e-Remittance solution developed by EFutures facilitates inward remittance, through effective and efficient online services that allows the foreign correspondent banks to remit the funds into the domestic bank,” it said.
National Savings Bank, with 16.3 million customers, has deployed the e-Remittance solution to manage its inward remittances. “The e-Remittance solution has also been implemented in another leading commercial bank in Sri Lanka. EFutures is in the process of discussing with two other leading banks to provide the e-Remittance solution,” the statement said.
“The Sri Lankan web and software solutions provider EFutures has continued to build strong relationships with Sri Lanka’s premier banks to provide e-Remittance solutions,” said Rishen Fernando, Director.