NDB bank has introduced a new incentive of awarding supermarket vouchers with a total prize value over one million rupees for those who obtain money via NDB branches using Western Union remittances, a news release from the bank said.This planned Remittance promotion commenced from October 20 and will run till December 31. Accordingly, these Cargill’s Gift Vouchers can be redeemed by customers at any Cargills Food city, Cargills Book City, Food City Express, KFC, TGI FRIDAYS & Regal, Majestic and Empire Cinemas.
“The bank is conscious about the country’s economic crisis and the struggle for foreign exchange remittances from Sri Lankan Citizens living and working abroad. As a bank with close links to the community, NDB is committed to supporting the national endeavour and has introduced this attractive program to encourage remittances through legal banking channels with the added feature of providing gift vouchers for customers during these tough times,” the release said.
Accordingly, beneficiaries who receive remittances from Western Union of more than 50,000 rupees will be entitled to gift vouchers.
Mid this year, during the height of the economic crisis, NDB Bank launched a campaign to encourage inward remittance by offering cash prizes worth over Rs. 1 million to people who receive money via NDB Bank Western Union or any of the bank’s registered agencies, including Regional Development Bank, Singer, Sarvodaya Development Finance, and Citizen Development Business Finance.
Anyone who gets money through the aforementioned means will thus be eligible to win 100,000 rupees per month, 50,000 rupees per week, and 10,000 rupees per day in a drawing.
“The Bank is constantly working to make the lives of its clients and stakeholders easier and more convenient and has therefore introduced the most convenient way in which the Bank’s clients can receive money via Western Union with just one phone call or by sending a message through the NDB NEOS app. This is part of NDB’s efforts to encourage FOREX remittances through formal banking channels as a responsibility to the country. Within a short period the money will be credited to the relevant NDB account. Additionally, NDB was the first bank to offer AI-based VKYC verification for creating accounts through its NEOS app, making it easier for Sri Lankans living abroad and ensuring a hassle-free banking experience,” the release added.
NDB Bank was recently named the Best Bank in Sri Lanka by Euromoney, making it the fourth major award received from the world’s most prestigious publications in financial services – Euromoney, Global Finance and The Banker. This win for NDB comes in the light of being named the “Most Awarded Corporate 2021” according to LMD ranking. The Bank was also recently named one of the “Top 50 Best Workplaces in Sri Lanka 2022” by Great Place Work, USA.
“NDB is the fourth largest listed bank in Sri Lanka and the parent company of the NDB Group. The only financial services group in Sri Lanka, NDB Group is uniquely positioned towards assisting the growth and development of the Sri Lankan financial market to provide its customers seamless access to the product and service offerings of all its group companies,” the release concluded..
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