How can you send money to Sri Lanka?
You can send money to 34 banks in Sri Lanka, via bank transfers.
See the list in the app by attempting a transfer, right after entering your recipient's details. Select "bank transfers" and review the drop-down menu.
How much will you pay to send to Sri Lanka?
We will simply charge a small % of the exchange rate and will not charge any extra fees at all.
How much can you send?
- Minimum amount: 100 LKR per transfer
- Maximum amount per transfer: max is 5,000,000 LKR; no max on the number of transfers
If you sent money to the wrong person or to the wrong number, what can you do?
If you made a mistake with the recipient’s name or bank account, unfortunately, there is nothing we can do as the funds cannot be reversed.
It is important to always double-check before sending your transfer to make sure the details are accurate. Taptap Send allows editing everything until the very last step for that reason
What is Rs. 2 Incentive?
In an effort to increase the inflows of remittances into the country, the Central Bank of Sri Lanka has introduced the “Incentive Scheme on Inward worker remittances", whereby remittances into Sri Lanka by Sri Lankan nationals will receive an additional Rs 2 LKR per USD 1 sent.
This applies to:
- all transfer methods offered by Taptap Send;
- all remittances regardless of the currency sent. Non-USD remittance amounts will be converted into US Dollars by the Sri Lanka local bank in accordance with its applicable exchange rates at the time of processing.
The recipient will receive an additional amount of Rs 2 LKR per each US dollar sent, which will be awarded either via cash pickup or directly deposited into their account. E.g if you send £100 GBP, it will be converted to $110 by our bank partners. And as per the bonus of Rs 2 LKR per $1 USD, an additional Rs. 220 LKR will be paid to the recipient as a bonus