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RAKMoneyTransfer - Sri Lanka

Sending Money to Sri Lanka just became much easier, securer & faster with RAKMoneyTransfer. Options to choose from Instant Cash and Instant Account Transfer.


Your FREE transfer to Sri Lanka is back, use it for sending cash or to accounts through RAKmoneyTransfer.

  • The promo is valid only for transfers through RAKBANK account
  • Only customers who have received the SMS or Email are eligible for this offer
  • Customers receiving the notification are eligible for 1 FREE transfer only throughout the campaign period
  • Fees for the 1 free transfer will be charged, and then reversed back to the customer account within 45 days
  • The promo period is from 27th Sep’20 – 31st Dec’20
  • Instant Cash Transfer

  • Cash collection throughout Sri Lanka at 370 Cargills Bank Branches and Food city outlets
  • Collect cash at any Cargills Food City Supermarket Network and avail 5% discount (maximum LKR 10,000)* on your shopping
  • Send up to LKR 1 million per day in real time
  • No deduction from the amount sent to beneficiary
  • Competitive rates

*Remittance receipt Valid for seven days starting from the date of receipt of the Remittance.


  • Instant Account Transfer
  • Instant Transfers to Hatton National Bank and Cargills Bank within 60 seconds
  • Instant Transfer to LKR 5 million to 28 Major Banks and same day to
    other Banks**
  • Transfer above LKR 5 million processed next working day to any Bank
  • No deduction from the amount sent to beneficiary
  • Competitive rates
Amana Bank HSBC Bank Sampath Bank
Axis Bank ICICI Bank Sanasa Development Bank
Bank of Ceylon Indian Bank Seylan Bank
Cargills Bank MCB Bank Standard Charted Bank
CDB Finance National Savings Bank State Bank of India
Citibank N A Nations Trust Bank Union Bank of Colombo
Commercial Bank of Ceylon NDB Bank
Deutsche Bank Pan Asia Bank
DFC Bank Peoples Bank
Habib Bank Public Bank
Hatton National Bank Regional Development Bank
Account and Cash Transfer
Amount (AED) Fee (AED)
0-1,000 15
1,000.01 - 125K 20
125.01K & above 30

Disclaimer: In line with the UAE’s Value Added Tax (VAT) implementation from 1st January 2018, VAT at the rate of 5% will be levied on RAKBANK’s fees and charges specified herein, wherever applicable and as per UAE law.

  • Transfers received before 2:30 pm will be processed the same day (Mon to Fri)**
  • In case of unsuccessful transactions with beneficiary bank for CEFT, the transactions might be routed through SLIPS hence it may be credited next working day
  • Transfers received after above timings will be credited next working day
  • This service/offer is available for retail individual customers through RAKBANK Digital Banking using your Mobile, PC & Tablet and through RAKBANK Branches
  • Any transfer under this offer will be subject to RAKBANK's Terms and Conditions governing Funds Transfer
  • LKR Rate is subject to change and the customer is advised to check the applicable LKR rate before initiating the Electronic Funds Transfer & Cash pay-out
  • Branches working on Friday - IBN Battuta Branch & Dragon Mart Branch
  • RAKvalue & Evantage benefits are not applicable to RAKMoneyTransfer

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Forex Portlet
LKR/AED 04/12/2020 12:09:00 PM
Sell Rate

*Note: Rate is subject to change and the customer is advised to check the applicable rate before initiating the Electronic Funds Transfer.