How to send money to Sri Lanka

Sending money to Sri Lanka doesn’t have to take long.

When you need to get money to a loved one overseas, the last thing you want to have to deal with is navigating a potentially complicated and expensive process. Transferring money to Sri Lanka can be a simple process. After you've chosen an international money transfer provider to process your transfer, simply sign up for an account, deposit your funds into the account and then initiate the transfer.

You will need the following details from your recipient: SWIFT or IBAN number, BSB and account number. Try to collect as much information about the recipient as you can so there aren't any issues with the transfer.

International Money Transfer Offer

TorFX International Money Transfers

  • 0% commission and no fees
  • Segregated accounts
  • Fast, free money transfers
  • Free market updates

International Money Transfer Offer

TorFX guarantees to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

  • Minimum transfer amount: $200
  • Online transfer fee: $0
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Compare your options below for sending money to Sri Lanka

Rates last updated October 21st, 2018
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
AUD 200
1 day
Online, Phone, Agent
TorFX guarantees to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

WorldFirst International Money Transfers
AUD 2,000
1 day
Online, Phone, Bank Account to Bank Account
Great rates and $0 transfer fees for Finder customers. Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app.
OFX (Ozforex) International Money Transfers
AUD 250
1 day
Online, Phone, Agent
$0 transfer fees for Finder customers.
Transfer any amount from $250 upwards. $0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.
Exclusive: Instarem International Money Transfers
AUD 200
1 - 2 days
Online, Phone
Exclusive: finder customers receive $15 off their first transaction. T&Cs apply.
InstaRem offers simple and quick international money transfers with zero-margin exchange rates. There's a flat 0.5% transfer fee for most transfers. Earn loyalty points on sign up, referral and every transaction, plus finder customers receive $15 off first transfer (T&Cs apply).
The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.

They can help you with all your needs including:

  • Buying property abroad
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How to send money to Sri Lanka in a few simple steps

  1. Choose your service. Not all money transfer services send money to Sri Lanka from Australia. Use our table to see which ones do and compare exchange rates, transfer fees and more.
  2. Create an account. This usually involves providing forms of identification, like your driver’s licence or passport and proof of address.
  3. Pick your payment method. You can typically choose to pay from your bank account, credit card or debit card.
  4. Choose your delivery method. Do you want to send money directly to your recipient’s bank account, to their mobile phone, or arrange a cash pickup in Colombo, Kandy or Ampara?
  5. Enter your transaction details. This includes the transfer amount, currency you’re sending and the recipient’s information.
  6. Review your transfer. Make sure the receiver’s details are correct. You can also review the final exchange rate and any other fees.
  7. Send your funds. The money will be deposited into your recipient's account in Sri Lanka.
  8. Receive email/SMS confirmation. This will include your tracking number along with confirmation of your transfer. If the recipient is picking up cash, they’ll need to present this at collection.

Banks vs money transfer services - what is cheaper?

The first port of call for many people looking to transfer funds to Sri Lanka is their bank. Many major Australian banks will allow you to send funds to Sri Lanka, offering a convenient option for some people. However, banks typically offer poor exchange rates and charge high fees, meaning it often makes much better financial sense to shop around for a better deal from a specialist money transfer company.

Arjuna Sends Money to Sri Lanka

Arjuna is living and working in Australia but wants to send $2,000 of his hard-earned money to his grandparents back home in Sri Lanka. He knows his big four bank offers international money transfers, but he wants to hunt around for a better deal from a dedicated money transfer company. The results of his comparison can be found in the table below.

BankMoney Transfer Company
Exchange rate1 AUD = 95.59LKR1 AUD = 100.89 LKR
Transfer fee$25$18
Transfer time2-5 days1-2 days for bank transfer, less for cash pickup
Transfer optionsBank transferBank transfer, cash pickup
Amount received for $2,000 (in Sri Lankan Rupees)191,180201,780

As this example demonstrates, not only will Arjuna enjoy a lower fee when using a specialist money transfer company, he’ll also send an extra 10,000-plus Sri Lankan Rupees home to his family. That’s a fair bit of money in anyone’s language.

How do I compare companies when transferring money to Sri Lanka?

It’s vital that you compare the features and benefits of a range of companies before deciding on the best money transfer provider for you. Make sure to consider the following factors:

  • Exchange rates. Look at how rates differ between competing providers. Higher rates obviously offer a better deal, but keep in mind that companies with higher rates may also charge higher fees.
  • Transfer fee. Compare how much each company will charge you for an international money transfer remembering that some will actually waive their fees if you send more than a certain amount.
  • Transfer methods. Can transfers be lodged online, over the phone or by visiting a branch?
  • Transfer options. What options does each provider offer to help you save money and enjoy greater convenience? Examples of such options include forward contracts, limit orders and the ability to schedule regular transfers.
  • Transfer time. Compare how long it will take your funds to reach the recipient, a factor which is especially important when you need to lodge an emergency transfer.
  • Pickup methods. Can funds be picked up from a branch in Sri Lanka or is the entire transaction handled electronically?
  • Minimum amounts. Keep an eye out for the fact that some providers will have minimum transfer limits in place. These can cause great inconvenience if you only want to send a small amount of money.
  • Customer service options. It’s reassuring to know that customer assistance will be offered whenever you need it. Look for phone support, email assistance and live online chat.

Ways to send money to Sri Lanka from Australia

There are a number of options available when you need to send funds to Sri Lanka, including:

  • Bank to bank. Many major Australian banks will allow you to transfer funds directly from your bank account to a Sri Lankan bank account.
  • Money transfer services. Companies like WorldRemit and Fast Remit offer quick online money transfers to Sri Lanka.
  • Pick up. Western Union and MoneyGram allow you to send money from your credit card or deposit cash and your funds can then be picked up from agent locations across Sri Lanka within minutes.
  • International money order. Although it may be time-consuming, you can obtain an international guaranteed cheque from your bank and then send it overseas.

Emergency cash transfers in Sri Lanka

Sometimes situations arise where you need to send funds to Sri Lanka as quickly as possible. For example, your family in Sri Lanka may fall on difficult financial times or you may have a friend travelling through the region who has their wallet stolen.

Whatever the case may be, remember to take the time to read all the fine print associated with your transaction. Familiarise yourself with the applicable exchange rate, transfer fee and the processing time offered. A little extra care now can save you a nasty surprise in the long run and will ensure that you end up with an affordable deal.

Cash pickup locations in Sri Lanka

If you want to access fast transfers to Sri Lanka, WorldRemit, Western Union and MoneyGram can help. You’ll see the details of some popular cash pickup locations across Sri Lanka below, but make sure you take identification (passport, driver’s licence etc) with you when picking up funds. You may also need to make prior arrangements with an agent if you are picking up a large sum of cash.


  • Bank of Ceylon

    Central Bus Stand

    Colombo 11


  • Bank of Ceylon

    City Office 41 Bristol Street, Colombo


  • Bank of Ceylon

    115A D.Senanayayka St



  • Bank of Ceylon

    Kachcheri Building



Western Union

  • Dedigama Group

    Armour Street Pawn Shop 58

    Sumanathissa Road

    Armour St Colombo, Western


    Open seven days 9 am to 6pm

  • Niketh Money Exchanger

    325, Third Floor, Majestic City

    Colombo, Western


    Open Monday to Saturday 10am to 7:30pm, open Sunday 10am to 5pm

  • Amana Bank Limited

    No 105 Kotugodella Veediya

    Kandy, Central


    Open 9am to 4pm Monday to Friday

  • Lakderana Investments Ltd

    159 Katugastota Road

    Kandy, Central


    Open Monday to Friday 9am to 4pm, open Saturday 9am to 1pm


  • Sampath Bank - Maradana

    657 Kularathna MW

    Maradana Rd Colombo 10 Maradana, 0


    Open 8am to 5pm seven days a week

  • Seylan Bank

    No 1119 Maradana Rd

    Borella, 00800


    Open 8:30am to 5:30pm Monday to Friday, open 8:30am to 1pm Saturday

  • Sampath Bank Kandy

    NO 19 Dalada Veediya

    Kandy, 20000


    Open 7am to 10pm seven days a week

  • National Savings Bank

    88 Kotugodalla Street

    Kandy, 20000


    Open 8am to 5pm Monday to Saturday

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Tips for picking up cash in Sri Lanka

The Department of Foreign Affairs and Trade recommends that Australian travellers in Sri Lanka should ‘exercise a high degree of caution’. Taking this advice on board, it’s important that you are very careful when picking up a cash transfer. Take a friend with you for added safety and make sure to keep your cash hidden. Avoid any areas where muggings are prevalent and head straight to a bank to deposit all of your funds. For more safety information and travel tips, visit the government’s Smartraveller website and peruse online forums and blogs.

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Documentation you'll need for your money transfer

From bank transfers to the services offered by specialist money transfer companies, you have no shortage of options to choose from when you want to send money to Sri Lanka. While the exact transfer process differs depending on the method you choose, you’ll most likely have to set up an account before you can lodge a transfer.

Doing this will require you to provide things like your name, contact details and proof of identity. Once you’ve lodged a transaction, keep a hold of your receipt or tracking number so you can monitor the process of your funds. And if you compare your options before deciding on a money transfer provider, you’ll end up finding a fast and affordable way to send money to Sri Lanka.

Although our two countries have enjoyed many tense battles in the cricketing arena, Australia and Sri Lanka still share a strong international relationship. In fact, there are more than 100,000 Australians of Sri Lankan origin, with more than 40,000 of them residing in Victoria. Our large Sri Lankan population means that many Australians need to send money from Australia to Sri Lanka for one reason or another.

International Money Transfer Offers

Important Information*
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers. Transfer any amount from $250 upwards. $0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.

WorldFirst International Money Transfers

Great rates and $0 transfer fees for Finder customers. Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app.

FC Exchange International Money Transfers

FC Exchange will match any competitor's exchange rates. Conditions apply. No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.

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2 Responses

  1. Default Gravatar
    FromMarch 28, 2016

    Want to send around 3000 US dollars from china to colombo

    • Default Gravatar
      HarryMarch 29, 2016

      Hi Rana,

      Thanks for your query.

      You may want to consider one of these money transfer services listed on this page. Alternatively, if there are no services available, you may want to consider a bank to bank transfer.

      I hope this helps,

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