LankaPuthra Developmant Bank (LDB) has entered into an agreement with MMBL Money Transfer (MMBL) to offer Western Union money transfer services through their branches in Colombo, Hambantota and Polonnaruwa.
This coorperation will provide a reliable, fast and convenient foreign remittances services in key rural centres through the Western Union money transfer network.

“People do not only send money, they send their love and along with it an assurance for a better present and a secure future. In the light of this fact, the people of Sri Lanka have a need for a fast, reliable and convenient means to receive money," says Ratheesh Kumar, Country Director, Western Union, South and East India, Sri Lanka, Bangladesh and Maldives. "With our expansive global Agent network, Western Union is uniquely positioned to meet this need. The cooperation of MMBL with LDB allows Western Union to provide easier and faster access to money transfer service for customers in Sri Lanka,” Ratheesh adds.

“We are pleased to offer our customers, especially from rural Sri Lanka, a globally trusted international money transfer service through our partnership with MMBL” says LDB’s Chief Executive Officer Ms Siromi Wickrmasinghe.

LDB, an enterprise fully owned by the Government of Sri Lanka was formed in 2006 with a view of spearheading the country’s rural economic resurgence.
Dinesh Mendis, Managing Director of MMBL Money Transfer says: “MMBL’s strategy is to provide easy access to every Western Union customer to collect his/her remittance at a location ’right next door’. Our tie up with LDB is an attempt to further strengthen our presence in key regional centres.”

IN THE PICTURE:
L-R Ms Siromi Wickramasinghe- GM & CEO and Mr A de Vass Gunawardena- Chairman of LDB and Mr Dinesh Mendis- MD and Mr Adran Corera- GM of MMBL Money Transfer

About Western Union
The Western Union Company (NYSE: WU) is a leader in global money transfer services. Together with its affiliates, Orlandi Valuta, Vigo and Pago Fácil, Western Union provides consumers with fast, reliable and convenient ways to send and receive money around the world, as well as send payments and purchase money orders. It operates through a network of more than 312,000 Agent locations in over 200 countries and territories. Famous for its pioneering telegraph services, the original Western Union dates back to 1851. For more information, visit www.westernunion.com.

About MMBL
MMBL Money Transfer, a joint venture