Commercial Bank of Ceylon plc

03/26/2021 | News release | Distributed by Public on 03/26/2021 04:34

ComBank ‘Double Wasi’ offers remittance customers a chance to win Rs 2.2 million

The upcoming 'Avurudu' season will bring good fortune every day to recipients of remittances via the Commercial Bank of Ceylon, with the launch of the Bank's 'Double Wasi' promotion offering 22 customers the opportunity to double the amount they receive, up to a maximum of Rs 100,000 each.

On each of the 22 days ending 15th of April, one lucky remittance customer of the Bank stands the chance of winning a cash prize, from the total of Rs 2.2 million set aside for prizes, the Bank said.

Recipients of money via ComBank RemitPlus - the remittance services of the Bank - and customers receiving money through the Bank's remittance partners such as MoneyGram, Western Union and Ria Money Transfer will automatically be entered into the draw.

Every customer who receives remittances directly to a Commercial Bank Account during the promotion period and those who collect the remitted cash from a branch close to them will be presented one opportunity to enter the 'Double Wasi' draw, the Bank said. Additionally, holders of a Commercial Bank Remittance Card - a branded Debit cum ATM Card - will have the privilege of doubling their chances of winning, as the Bank will enter their names twice into the draw on the day they receive the remittance.

Further to the promotion, those who receive direct remittances via Commercial Bank will enjoy an additional Rs 2 on the conversion of every United States Dollar or the equivalent in the currency they receive, the Bank said.

Commercial Bank launched the promotion to encourage direct remittances to the Bank. The lucky winners of the daily draws will be presented their cash prizes after the conclusion of the promotion.

Commercial Bank is one of the most active players in Sri Lanka in the field of remittances. One of the Bank's key strengths is its island-wide network of 268 branches, many of which remain open on public, bank and mercantile holidays, and its network of 890 ATMs, which is the largest automated cash dispensing system owned by a single private bank in Sri Lanka. Recipients of remittances sent to the Bank enjoy many benefits such Holiday Banking Centres and supermarket counters, a dedicated customer support call centre for remittances and SMS alerts facilities once the remittance is received and is ready to be paid out.

Commercial Bank is the first Sri Lankan Bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for 10 years consecutively. The Bank's overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.