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NTB partners with Coinstar Money Transfer

Aug 21, 2011 2:46:05 PM - www.ft.lk

With the objective of promoting remittances across the bank’s branch footprint islandwide, Nations Trust Bank (NTB) recently partnered with Coinstar Money Transfer (CMT) to offer remittance services to individuals who want to send money to their families and friends in Sri Lanka from any of the Western and European regions.

Coinstar Money Transfer is a leading remittance provider with an extensive footprint in the West and Europe with over 65,000 locations in 136 countries.  It offers a reliable and trusted service that is easy to use and allows Sri Lankans who are living or working overseas to send money to their loved ones back home.
One of their benefits is the ability to send money in the beneficiary’s foreign currency or rupee account maintained at Nations Trust Bank.  Additionally, CMT offers convenient locations across the country where customers can easily pick up money.  
Commenting on the partnership Director/CEO Saliya Rajakaruna said: “This partnership is another milestone in providing a convenient & fast remittance service to anyone in Sri Lanka through the Nations Trust Banking network.  We look forward to a growing partnership with Coinstar.”
President and COO of Coinstar Money Transfer Bhairav Trivedi said: “We are excited about our new partnership with Nations Trust Bank where we will jointly be helping our local communities and their families in Sri Lanka. Coinstar Money Transfer is a highly recognised and trusted brand with a reputation of providing excellent and personalised customer service.” Coinstar Money Transfer is a leading global money transfer company that provides an easy to use, reliable and cost effective way to send money around the world.  
Coinstar Money Transfer is owned by Sigue Corp. a United States based leading financial services company.  
Nations Trust Bank PLC is one of the fastest growing banks in Sri Lanka today.  Its market positioning of being the benchmark of convenience is now ably supported by a host of financial products and services to a wide customer segment. The bank now has 44 branches and six Personal Banking Centers.

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