Thu, 28 Mar 2024 Today's Paper

Banking cooperation launched between SL & Russia for tourists

16 November 2022 08:04 pm - 5     - {{hitsCtrl.values.hits}}

A A A

The Embassy of Sri Lanka in Moscow initiated a banking cooperation between People’s Bank in Sri Lanka and National Investment Industrial Bank in Russia (NIIB) to devising a platform for Russian tourists to make payments in Sri Lanka seamlessly in Sri Lankan Rupees (LKR) with effect from  November 22,  2022.

According to this banking collaboration, Russian tourists will be able to remit funds to People’s Bank in Sri Lanka prior to their visits, in liaison with the National Investment Industrial Bank in Russia without having any intermediate banks involved. 

Upon arrival in Sri Lanka, tourists will be issued Debit Cards (Visa/Master) which could be used to make payments in Sri Lanka.

Arrangements are also in place for Russian tourists to use these bank cards in other countries where Visa/Master cards are accepted. This payment platform will be extremely beneficial to the Russian tourists to effect payments outside the territory of the Russian Federation flawlessly.

Since a considerable amount of foreign exchange is expected to flow into Sri Lanka through the proper financial channel with this project, this initiative will contribute to enhance the foreign exchange position of the country while boosting the attractiveness of Sri Lanka as one of the best and emerging tourism destinations for Russian tourists.


Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

  Comments - 5

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka
  • Shehenaz Dhananjaya Dharmaratne Thursday, 17 November 2022 08:18 AM

    Very good move if done with transparency and following all banking procedures. If successful can move to other countries as well.

    Sambo Thursday, 17 November 2022 09:14 AM

    What's the point in getting tourist who will be paying in Sri Lanka rupees. This alone shows the intelligence of minister of tourism.

    Dilshan Perera Thursday, 17 November 2022 10:39 AM

    Sounds great! Just keep it quiet from the American and European saboteurs.. Also, strange to see a Russian bank logo in English letters???

    ukri Thursday, 17 November 2022 01:37 PM

    Too late, we know. Prepare to be sanctioned. Who do you want as tourists? Rude Russians with Rotten Roubles or Westerners with real money? You can't have both.

    Lumbini Thursday, 17 November 2022 10:44 AM

    In which currency, Russians are going to remit funds to Sri Lanka?


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

VAT increase: SOUNDs death knell for publishers, readers

Though the Government imposed VAT (Value Added Tax) on vegetables and other e

How female change-makers are driving Sri Lanka’s energy saving platform

Saving energy has become more of a responsibility than a habit in today’s c

A dull Ramadan awaits Muslims amidst the Soaring Cost of Living

In the coming days, Muslims across the world will welcome the Holy Month of R

New wildlife underpass to curtail HEC

As of February 2024, Sri Lanka lost another 38 elephants as a result of the H