Doha Bank entered into an agreement with Bank of Ceylon, thelargest bank in Sri Lanka, for remittance of funds from Qatar to Sri Lanka.

The signing ceremony held during the event ‘Qatar – SriLanka bilateral opportunities’ held at Doha Bank Head Office Tower at West Bay.The agreement was signed by Dr R. Seetharaman, Chief Executive Officer, DohaBank and Mr DPK Gunasekara, Deputy General Manager – Treasury & International,Bank of Ceylon.

Bank of Ceylon is the largest bank in Sri Lanka, has largestnetwork over 627 branches spread all over the island nation and has the abilityto transfer the funds quickly and serve the customers efficiently.

Doha Bank’s customers will be able to transfer money onlinefrom Doha Bank Account to their account with any branch of Bank of Ceylon inSri Lanka. Sri Lankan customers in Doha will also be able to remit funds tobeneficiaries having accounts with any other bank in Sri Lanka. The beneficiariescan collect cash from any branch of Bank of Ceylon.

Dr. R Seetharaman, CEO, Doha Bank said: “The tie-up withBank of Ceylon will provide an opportunity to extend our services to Sri Lankancommunity in Qatar by meeting their banking and remittance requirements. Thecustomers will be able to access their funds instantly. We are committed toserving our customers in every possible manner and provide them a seamlessbanking experience.”

Mr Ronald C Perera, The Chairman and Mr Senarath Bandara,Chief Executive officer of Bank of Ceylon were present on this occasion.

Speaking on the tie-up, Mr. DPK Gunasekara, Deputy GeneralManager, Treasury & International, Bank of Ceylon said: “This associationwith Doha Bank is a commitment of the bank towards providing a cost effectiveservices to Sri Lankan nationals who live and work in Qatar. The arrangementwill enable us to provide our customers convenient and secure services byexpanding our remittance network from Qatar to Sri Lanka.”

Mr. Braik Ali H S Al- Marri, Acting Chief Retail Bankingofficer, Doha Bank, highlighted that this arrangement is very convenient andcost effective for Sri Lankan nationals to remit their funds to home country.It offers online transfer of money in Sri Lankan Rupees from Qatar to SriLanka. Doha Bank has placed exclusive Relationship Manager for Sri Lankancustomers at International Relations Centre (IRC) D Ring Road Branch to serveDoha Bank Sri Lankan customers for banking needs in Qatar and home country.