Pan Asia Bank has strengthened Sri Lanka’s formal inward remittance framework with the launch of Remit Max, a comprehensive financial solution designed to support migrant workers and their families throughout their financial journey. The product suite was unveiled at a ceremony held on 3 July 2026 at the Epitom Hotel in Kurunegala, attended by senior officials of the Sri Lanka Bureau of Foreign Employment (SLBFE), representatives of licensed foreign employment agencies, and the bank’s leadership.

The new offering comprises the Remit Max Savings Account and the Remit Max Pre Departure Loan Facility, providing financial support from the pre departure stage through overseas employment and long term financial planning. The savings account encourages formal inward remittances while promoting disciplined savings and financial security for migrant families. Meanwhile, the loan facility helps aspiring migrant workers meet essential pre departure expenses, including agency fees, documentation, medical examinations, visa processing, and travel costs.

Speaking at the launch, Pan Asia Bank Director and Chief Executive Officer Naleen Edirisinghe said foreign remittances remain one of Sri Lanka’s most important sources of foreign exchange and that migrant workers deserve financial solutions that support them throughout their entire journey. Chairman Aravinda Perera noted that the bank entered the remittance sector with a long term strategy focused on understanding customer needs and delivering meaningful value through innovative products.

The launch of Remit Max reinforces Pan Asia Bank’s commitment to financial inclusion, formal remittance channels, and Sri Lanka’s economic resilience while supporting the national objective of increasing foreign exchange inflows through secure and customer centric banking solutions.