It has become more convenient to transfer money to Sri Lanka with Unistream: the clients can now receive money in their national currency — rupees. With the favorable exchange rate and no double currency conversion, the clients can now save their money and time.
“After researching the needs of our clients, we found that 90% of them would prefer to receive their money transfers in Sri Lankan rupees,” says Nikolay Belov, the Head of Unistream International Business Development . “Taking into account the interests of our clients, we switched to settlements in the national currency with our Sri Lankan partners and got the opportunity to offer our clients a very attractive exchange rate. Thanks to these favorable terms, the volume of remittances to Sri Lanka has increased by about 40% in a month.”
Money is transferred to Sri Lanka with Unistream largely fr om Israel, Greece, and Cyprus where the partners of Unistream are STB Union and SmartPay Greece.Unistream has been operating in Sri Lanka for 10 years. The network of service points wh ere you can receive cash is spread across the country; there are 2,988 service points, including offices of the Sri Lankan Post. Moreover, all Sri Lankan banks offer a service for making Unistream transfers to client accounts.