CB to freeze up bank accounts utilizing illegal money transmission techniques
Bank accounts of those who dispense and accept money through illegal money transfer methods will be frozen with instant effect, Central Bank Governor Ajith Nivard Cabraal confessed The Governor also advises all migrant Sri Lankans to use only legal networks to deport their revenues.
Earlier, the Central Bank announced that migrant workers will be able to fetch an additional Rs. 10 for every US Dollar they convert into rupees this month. The offer is for US Dollar transformations made via the Sri Lankan banking structure and other conventional channels.
