Srilanka, Feb. 1 -- MMBL-Money Transfer was responsible for bringing in a record US $ 350.8 million in foreign exchange into Sri Lanka in 2024.
This represents 5 percent of the total worker remittances that came into the country last year. This also accounts for 77 percent of the overall Western Union remittances to the country. MMBL-Money Transfer is a 50/50 joint venture between Aitken Spence PLC and the MMBL-Pathfinder Group.
The business model of the company, branded MMBL-Money Master, operates through a unique platform that consists of a comprehensive network of over 3,000 agents spread throughout the island. MMBL-Money Transfer, which represents global brands such as Western Union, MoneyGram and Ria Money Transfer, occupies an in...
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