Current Rates

Fixed Deposit Rate - 3 Months

8.33% p.a

Loan Rate - Residential Housing

13.0% - 15.0% p.a

Loan Rate - Personal Loans

13.0% - 15.0% p.a

Pawning Rate

17% p.a

*Conditions Apply

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We are the pioneers in the service of sending your hard earned money to the loved ones in Sri Lanka.

People’s Bank is a state Bank and you can have the utmost trust and security of the money you send. Being the Sri Lankan Bank having the largest Branch Network in Sri Lanka, we extend you an efficient service by crediting or paying the beneficiaries at any part of the country.

Our Inward Remittance Department is the Center of receiving money sent to People’s Bank by worldwide Banks and Exchange Companies and your inquiries related to remittances will promptly be attended by our energetic and enthusiastic staff members.

You can choose the following remittance systems to send money to Sri Lanka.

Methods of Payment Instructions
  • Account Credits - People’s Bank
  • Credits to other Bank’s Accounts
  • CASHPICKUPS

 

People’s Bank has introduced an over-the-counter cash payment method, called “CASHPICKUP”(B2B) for non-account holders, where they can obtain cash at any People’s Bank Branch on producing a valid identity card and the Reference (PIN number).

The PIN Number will be the Transaction Reference Number of the Remitting Bank/Exchange Company which may differ from one to another and will consist of any number of digits with alpha numeric characters.

People’s eRemittance

People's Remittance ‘People’s eRemittance’ is a web-based product of People’s Bank supported by the latest technology to facilitate sending remittances to Sri Lanka within minutes. The aim is to offer new technology and system automations to ensure a speedy and smooth customer service.

People’s eRemittance enables remitters abroad to send money through Correspondent Agents of People’s Bank. Presently, this service is available through the following Correspondent Agents of People’s Bank.

List of People's eRemittance Agents

People’s eRemittance promotes the use of the internet as a medium of inexpensive, hassle-free data transfer over a secured website. With the user-friendly front-end system coupled with state-of-the-art technology, it reduces remittance receiving/processing time, thereby increasing the efficiency significantly.

  • Australia
    Kapruka (Pvt) Ltd.
  • Bahrain
    Zenj Exchange
  • Israel
    • Tifco Logistics & Trade Ltd.
    • Unigiros Ltd.
  • Saudi Arabia
    • Alamoudi Exchange
    • National Commercial Bank (NCB)
  • Kuwait
    • Al Mulla International Exchange Co. W.L.L.
    • Al Muzaini Exchange Company
    • Bahrain Exchange Company W L L
    • City International Exchange W.L.L.
    • Dollarco Exchange Co. Ltd.
    • International Financial Line (FILCO)
    • Joy Alukkas Exchange
    • Kuwait Bahrain Internatioal Ex. Co. KSC
    • National Money Exchange Co
    • UAE Exchange Centre W.L.L.
  • Qatar
    • Al Dar For Exchange Works
    • Al Fardan Exchange Co. L.L.C.
    • Al Sadd Exchange
    • Alzaman Exchange Company.
    • City Exchange Company
    • Gulf Exchange Company
    • Habib Qatar International Exchange Ltd.
    • Islamic Exchange Company W.L.L
  • U.A.E.
    • Al Ahalia Exchange Company
    • Al Ansari Exchange
    • Al Rostamani Exchange Co. LTD
    • Joy Alukkas Exchange
    • UAE Exchange Centre L.L.C.
    • Wall Street Exchange Centre W.L.L.
  • Sultanate of Oman
    • Asia Express Exchange
    • Oman & UAE Exchange Centre
How to send
  • Step into your Remitting Bank/ Exchange Company (People’s eRemittance Agent)
  • Instruct the Remitting Bank/Exchange company to send the money to People’s Bank
  • Fill up the beneficiary details.
    • Full name of the Beneficiary Or Name with initials
    • Complete Account number (Eg:- People’s Bank – 15 digits A/C number)
    • Bank and Branch name ( Remittances to A/C s with other Banks too can be sent )
    • ID Number and contact number of the beneficiary, (If any).
    • If the beneficiary does not have an A/C Number, money can still be sent ; Provide the ID Number ,Full name , and contact number .

 

For further details, please contact:

Inquiries on Remittances sent

Please contact : Manager- Inward Remittances and Inquiries (OCS)
Tel No : +94 112438395 , +94 112437985
E-Mail : teletran@peoplesbank.lk

People's Instant Remit

People's Instant Remit
People's Bank has introduced ‘People's Instant Remit’ for instant Real time / Online remittance services.

Its salient features are
  • Provides direct / online credit of PB accounts
  • Can send remittances for over the counter cash payments to be claimed at any of the PB branches island wide
  • SMS notification to both sender and receiver
  • Online Feedback notification to the Agent

At present, this service is available through the following Vostro Correspondent Agents of People’s Bank.

Worldwide
  • TransFast Remittance LLC
  • UAE Exchange Centre
  • XPress Money
Qatar
  • Al Mana Exchnage
UAE
  • Index Exchange LLC
  • United Bank Limited (UBL)
Kuwait
  • Bahrain Exchange Company
SWIFT Transfers

SWIFT
You can transfer money to any part of Sri Lanka from anywhere in the world in a secured way through SWIFT.

How to send
  • Step into your Remitting Bank/ Exchange Company.
  • Provide the SWIFT code of People's Bank as PSBKLKLX
  • Instruct the Remitting Bank/Exchange company to send the money to People's Bank
  • Fill up the beneficiary details.
    • Full name of the Beneficiary Or Name with initials
    • Complete Account number (E.g.:- People's Bank – 15 digits A/C number)
    • Bank and Branch name ( Remittances to A/C s with other Banks too can be sent )
    • ID Number and contact number of the beneficiary, (If any).
    • If the beneficiary does not have an A/C Number, money can still be sent; Provide the ID Number, Full name, and contact number.
Inquiries on Remittances sent

Please contact The Manager- Inward Remittances and Inquiries (OCS)
Tel No : +94 112438395 , +94 112437985
E-Mail : teletran@peoplesbank.lk

Western Union
Western Union
  • You can send money to Sri Lanka through Western Union for your loved ones from almost anywhere in the world.
  • Being a principal agent of Western Union, our aim is to serve your urgent financial needs by facilitating to receive money from over 700 + island-wide payment locations of People’s Bank. (Branches and Service Centres)
  • Hotline : 0094 11 2386922
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