DFCC Bank’s Lanka Money Transfer Platform wins Silver at NBQSA 2025

DFCC Bank’s flagship remittance platform, Lanka Money Transfer (LMT), developed by Synapsys Ltd, was awarded the Silver award in the Regional, Rural and Remote Services in Inclusions and Community Services Category, at National Best Quality Software Awards (NBQSA) 2025, held recently at Taj Samudra, Colombo.

The recognition highlights LMT’s role in promoting financial inclusion and ensuring secure, efficient and affordable remittance access for millions of Sri Lankans working overseas and their families at home. With over three million Sri Lankans living abroad and many of them supporting households in rural areas, LMT serves as a trusted digital channel that connects these communities to the formal banking system.

Developed for DFCC Bank by Synapsys Ltd, the platform has expanded formal remittance access through an increasing network of partner institutions and digital channels, ensuring that more families benefit from safe, convenient and transparent remittance services.

The award was accepted by DFCC Bank Senior Vice President and Chief Information Officer Vindya Solangaarachchi, together with the senior representatives from Synapsys Ltd and DFCC Bank.

DFCC Bank Senior Vice President Offshore Banking and Remittance Business Development Anton Arumugam said, “For many Sri Lankan families, remittances are more than income. They are a foundation of stability and opportunity. Through LMT, we ensure that these funds reach families securely and affordably, allowing them to participate more fully in the formal economy. This recognition reaffirms DFCC Bank’s ongoing commitment to improving access to financial services and strengthening the economic resilience of our communities.”

Solangaarachchi added, “This achievement reinforces our focus on using technology to serve people better. At DFCC Bank, every digital innovation has one goal – to make banking simpler, safer and more inclusive. LMT reflects that purpose, bridging distances and enabling families to stay connected financially, wherever they are in the world.”