Why People Choose Lotus Remit
- A Legal and Licensed Service You Can Trust We are officially licensed by Bank Negara Malaysia, meaning every transaction you conduct through us is according to the financial laws of Malaysia. We also follow Anti-Money Laundering and Counter-Terrorism Financing laws, meaning that your money is safe and the transactions move through legal channels.
- Great Exchange Rates — More for Your Money We constantly update our MYR to LKR rates, and you will always get the best possible deal for your money transfer to Sri Lanka.
- Low Fees, No Surprises That's about as clear-cut as it gets: transparency at all times. You'll be able to see the exact fees and how much your loved ones will receive before you hit send-no hidden costs ever.
- Fast & Reliable Transfers Most transfers happen in minutes, meaning your family or business associates will not need to wait.
- Flexible ways of sending and receiving Choose what works best for you and your recipient: We support direct bank transfers to any bank in Sri Lanka. Cash pickup at trusted partner locations across the island
- Safe and Secure at Every Turn We employ stringent verification procedures together with bank-grade encryption to protect your funds and personal information from beginning to end.
- Actual folks, willing to assist We understand how crucial it is that your money gets home safely, therefore our helpful, multilingual support staff will be available to you seven days a week.
How It Works: Easy Steps to Send Money
- Create Free Account Sign up in minutes using your ID and contact details.
- Add Recipient Information Please fill in the full name and bank account number of the recipient in Sri Lanka.
- Payer's amount to be transferred See the exchange rate, and how much your recipient will get in LKR—instantly.
- Choose a Payment Method Pay by online banking, debit or credit card.
- Confirm & Track Your Transfer You'll get instant confirmation, and be able to track your money right to its destination. Your recipient will be notified at once when money hits their account or when it is available for cash pickup.
Why Remittances Matter to Sri Lankans
It is estimated by the World Bank and the Central Bank of Sri Lanka that money transferred back home by overseas Sri Lankans accounts for more than 8% of the GDP of Sri Lanka.
More than 1.5 million Sri Lankans abroad send money home every month, while an increasing number are turning to Lotus Remit for speedier, more secure, and cost-effective online money transfers than traditional banking. We take pride in helping to make such moments possible, whether it's for a family's house, a parent's medication, or a child's education.
The Benefits of Online Transfers
- Convenient: no lines or paperwork, money at any time and from any location.
- Fast: Money reaches Sri Lanka in hours or even minutes.
- Affordable: Great exchange rates and low transfer fees.
- Secure: Protected through encryption and legal compliance.
- Transparent: Track your transfer from start to finish.
- Flexible: Choose how you pay and how your loves ones receive funds.
Why do Sri Lankans have faith in Lotus Remit?
- Bank Negara Malaysia (BNM) issued the license.
- Competitive exchange rates between MYR and LKR
- Quick money transfers to every major bank in Sri Lanka
- Several ways to pay: cash pickup, bank, or card
- Completely adherent to Malaysian banking regulations
- Live tracking and round-the-clock internet access
- Thousands of Sri Lankans in Malaysia trust
- Send Cash Home Right Now
Avoid the lines and the wait times. With just a few clicks, you can send money to Sri Lanka at the best available rate, legally, and safely with Lotus Remit.
In addition to Sri Lanka, Lotus Remit also offers fast and secure online money transfers from Malaysia to the Philippines, Indonesia, India, Bangladesh, Nepal, and Pakistan—providing competitive exchange rates, low transfer fees, and a smooth remittance experience across multiple countries.