LankaWeb – Sri Lanka Wants Foreign Exchange—But Do Our Banks Make It Feel Unwelcome?

By Dr. Sarath Obeysekera Compliance must be firm, intelligent and customer-friendly I recently received a communication from a Sri Lankan bank concerning a sterling pound remittance made to an existing foreign-currency account. The bank requested three details: the source of funds, the purpose of the transaction and the account holder’s relationship with the sender. There […]