Warning to accounts transferring money using unlawful methods

TPL | Published: 10:50 AM Dec 2 2021
Local Warning to accounts transferring money using unlawful methods

The Central Bank of Sri Lanka says bank accounts of those who distribute and receive money through unlawful money transfer methods will be frozen with immediate effect.

CBSL governor Ajith Nivard Cabraal said this in a tweet.

The bank urges all migrant Sri Lankans to use only legal channels to send in their earnings.


Earlier, the CBSL announced that Sri Lankan migrant workers would receive an additional Rs. 10 for each US Dollar they convert into Rupees in December this year, through the Sri Lankan Banking System and other formal channels.

The Central Bank said this is an exclusive offer for Sri Lankan migrant workers during this festive season.

TPL | Published: 10:50 AM Dec 2 2021

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