People’s Bank broadened its Remittance Partnership with Japan Remit Finance Company Ltd recently. Japan Remit Finance Company Ltd (JRF) has been one of People’s Bank’s prime remittance partners in Japan since May 2020. This collaboration has enabled seamless and efficient fund transfers from Japan to Sri Lanka, reaffirming People’s Bank’s commitment to providing convenient banking solutions for Sri Lankans living and working overseas.
Recently, a delegation from JRF, led by Sri Lanka Branch Manager and official JRF representative in Japan, R.M. Tharanga Ranajeewa Bandara, visited the People’s Bank Head Office in Colombo 02. The delegation held discussions with Chief Executive Officer/General Manager Clive Fonseka, Deputy General Manager – Retail Banking and Overseas Customer Services Aruni Liyanagunawardana, and other senior officials. The focus of the discussions was on strengthening cooperation, enhancing service efficiency, and introducing advanced digital solutions for cross-border transfers.
Japan Remit Finance Compant Ltd , established in 2011, has earned a strong reputation as a trusted and well-established financial service provider in Japan. Through its efficient remittance solutions, JRF has become the most preferred choice for Sri Lankan expatriates seeking secure , cost effective and instant money transfers. A highlight of the service is the JRF Mobile App Wallet, which allows customers to deposit funds, withdraw cash, and transfer money directly from their Japanese bank accounts. Remittances are credited instantly to beneficiary accounts in Sri Lanka in LKR, USD, and JPY, while a convenient cash pickup service is also available. Customers further benefit from incentives such as zero service charges on the first transaction, attractive referral rewards, competitive exchange rates, low service fees, and 24/7 multilingual support in Sinhala, English, and Japanese.
Beyond remittances, JRF provides access to a range of broader financial services for Sri Lankans in Japan, including the ability to open People’s Bank accounts in LKR, JPY, and USD, as well as fixed deposits, loans, and investment opportunities through JRF Capital. Customers can also enjoy secure digital payments via JRF Pay.
Further diversifying its services, JRF caters to the Sri Lankan community in Japan through JRF Mobile (SIM cards and Wi-Fi solutions), JRF Umart (an online marketplace), and JRF Intelligence (recruitment and HR solutions). With a growing international presence, including operations in South Korea and Canada, JRF continues to expand its service delivery to the global Sri Lankan diaspora.
Through People’s Bank’s advanced remittance systems, transfers are processed in real time, ensuring maximum convenience, security, and efficiency. Serving over 15.2 million customers nationwide, with an asset base exceeding LKR 3.0 trillion and a dedicated workforce of nearly 8,000 employees across 750 branches and service centres, People’s Bank remains one of the country’s most trusted financial institutions.
The Bank also offers special loan schemes designed exclusively for Sri Lankan expatriates, enabling access to affordable housing, investment, education, and personal loans in Sri Lanka. with flexible repayment options directly through their remittances.
This partnership between People’s Bank and JRF underscores a shared commitment to empowering Sri Lankans in Japan with fast, secure, and affordable remittance solutions, while reinforcing economic and cultural ties between Sri Lanka and Japan.
