Send Money to Sri Lanka Securely

Information verified correct on December 7th, 2016

Sending money to Sri Lanka doesn’t have to break the bank.Sri Lanka Here’s how you can send a secure and affordable international money transfer from the USA to Sri Lanka.

The small nation of Sri Lanka may is a long way from the United States, but more than 45,000 Sri Lankans now call America home. Many Sri Lankan expatriates live in the New York City Metropolitan Area, and Tompkinsville in the Borough of Staten Island is even home to Little Sri Lanka.

If you need to send money to Sri Lanka, you should shop around to find the best money transfer provider for your needs.

Compare International Money Transfers

Rates last updated December 7th, 2016
Description Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
WorldRemit International Money Transfers
WorldRemit International Money Transfers
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. USD 1 Within an hour Online, Bank Account to Bank Account, Cash Transfer Go to site More
USForex International Money Transfers
USForex International Money Transfers
Take advantage of competitive exchange rates and cheap transfer fees. USD 150 1 day Online, Phone, Agent, Bank Account to Bank Account, International Money Order Go to site More
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Banks versus money transfer companies

The Sri Lankan Rupee is a rare currency in global terms, so you’ll have to check with your bank to see whether or not you’ll be able to send Sri Lankan Rupees overseas from your bank account. Alternatively, you may need to send US Dollars overseas that can then be converted into the local currency by the receiving bank.

In any case, banks are typically not the best option when you need to send an international money transfer. They offer poor exchange rates and charge high fees, while you can usually save yourself money if you use the services of a dedicated money transfer company. These companies offer fast and affordable transfers, which usually means they offer better exchange rates and lower fees than the major banks.

Case Study: James Sends Money to Sri Lanka

James is working in the United States and he would like to send some money back home to his mom and dad. His bank is only a relatively small institution that doesn’t offer international transfers to Sri Lanka, so he decides to shop around for the money transfer company that offers the best deal. He compares the features of two online transfer providers.

Money transfer company 1Money transfer company 2
Exchange rate1 USD = 130.92 LKR1 USD = 133.19 LKR
Transfer fee$14$10
Transfer methodBank account depositCash pickup
Processing time2 business days10 minutes
Amount received (in LKR)130,920 LKR133,190 LKR

As you can see, James’ parents will receive an extra 2,270 LKR if he uses the second transfer company, while he can also pay a smaller fee and get the funds to his parents  faster.

How to compare transfer companies when transferring money to Sri Lanka

  • Exchange rates. As James’ example shows, a small difference in exchange rates equates to a whole lot of money when you calculate the full cost of your transaction.
  • Fees. Compare the transfer fee that will apply to each transaction, and remember that companies with higher fees sometimes offer better exchange rates than their competitors.
  • Transfer methods. Can you lodge transfers online or in person? What about by making a phone call or using a smartphone app?
  • Transfer options. Can you place a limit order or a forward contract to take advantage of fluctuating currency markets? Can you take advantage of the option of scheduling a recurring payment in advance?
  • Turnaround time. Some companies can make your funds available for pickup in minutes while others will make you wait several business days for the transaction to be completed.
  • Minimum transfer amount. If a company imposes a minimum acceptable transfer limit, consider whether this limit is suitable.
  • Pickup methods. Will the funds be sent to a bank account or be made available for collection in person? If your recipient will visit a branch to collect the funds, what sort of network does each provider have in Sri Lanka?
  • Customer service. Phone, email and live chat customer support can be important if you experience a problem with a transfer.
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How to send money to Sri Lanka from America

  • Bank transfers. Ask your bank to see if it is possible to send an international money transfer to a bank account in Sri Lanka
  • Online money transfer providers. Companies such as WorldRemit and Xoom offer online transfers to Sri Lanka.
  • Money transfer companies with cash pickup options. Providers like Western Union and MoneyGram allow you to send funds to Sri Lanka that can be picked up at a branch.
  • Checks. Another transfer option to consider is to send a international guaranteed check.
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Emergency cash transfers in Sri Lanka

If you need to send cash to Sri Lanka fast, keep in mind that you will usually be slugged with high fees and poor exchange rates. This means you should take care to check exactly how much your transaction will cost, including the exchange rate you will receive and any extra charges that may apply.

Cash pickup locations in Sri Lanka / Western Union / MoneyGram / Ria branches in Sri Lanka

Western Union, MoneyGram and Ria boast the three largest money transfer networks in the world and collectively have thousands of cash pickup locations across Sri Lanka. Provide your recipient with a transaction reference number and remind them to have photo ID handy when they go to pick up the cash. Check out the details below of a selection of popular cash pickup locations in Sri Lanka.

Western Union


Central Finance Co. Ltd

270, Vauxhall Street

Colombo 2

Colombo, Western


Open 9am to 5pm Monday to Friday

Singer Sri Lanka PLC

105 Jayantha Weerasekara Mw

Maradana, Western



Amana Bank

No 105 Kotugodella Veediya

Kandy, Central


Open 9am to 4pm Monday to Friday

Lakderana Investments Ltd

159 Katugastota Road

Kandy, Central


Open 9am to 4pm Monday to Friday, open 9am to 1pm Saturday



Commercial Bank of Ceylon Limited

198 George R De Selva Mawatha Colombo 13

Colombo, 0


Open 7am to 6pm Monday to Saturday

Seylan Bank

1119 Maradana Rd

Borella, 00800


Open 8:30am to 5:30pm Monday to Friday, 8:30am to 1pm Saturday


Sampath Bank

19 Dalada Veediya

Kandy, 20000


Open 7am to 10pm seven days

Hatton National Bank

1 Dalada Vidiya

Kandy, 20000


Open 9am to 8pm Monday to Friday, 12pm to 3pm Saturday and Sunday



Bank Of Ceylon

75A, Main Street

Colombo CO

Open 9am to 6pm Monday to Friday

Bank Of Ceylon

47 Dharmapala Mawatha

Colombo CO

Open 9am to 6pm Monday to Friday


Bank of Ceylon

Kandy Court Complex, William Gopallawa Mw

Kandy CO

Open 9am to 6pm Monday to Friday

Bank Of Ceylon /Haputale Branch (Haputale Branch)

New Town

Kandy CO

Open 9am to 6pm Monday to Friday

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Tips for picking up cash in Sri Lanka

If you pick up a cash transfer from a money transfer agent in Sri Lanka, remember to exercise safety precautions.

  • Don’t wave your cash around in front of strangers
  • Keep your personal belongings secure at all times
  • Avoid any high-crime areas
  • Don’t carry around large sums of money, and deposit your cash into a bank account as soon as possible

How to send money to Sri Lanka

Although transfer methods vary depending on the provider you choose, there’s a good chance you’ll need to register for an account before you send any funds. This is usually done by providing your name and contact details, your address and proof of your identity. Once you’ve placed a transfer request, most companies will provide you with a receipt or a transaction reference number which you can use to monitor the status of your transaction.

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WorldRemit International Money Transfers

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