BOC launches Pita Pita Rata Thegi | Sunday Observer

BOC launches Pita Pita Rata Thegi

8 May, 2022

Incentivising Sri Lankan expatriates to remit their hard-earned foreign currency earnings securely back to their families and loved ones, BOC is announcing third season of its Pita Pita Rata Thegi promotion in offering the expatriates to win back-to-back valuable gifts in daily, weekly and monthly draws including a grand prize of a luxury villa worth Rs. 30 million.

The third edition of BOC’s Pita Pita Rata Thegi promotion presents Sri Lankan expatriates with multiple opportunities to win valuable gifts. On a daily basis, 365 lucky winners will be awarded gift vouchers to the value of Rs. 10,000 from leading supermarkets while 48 lucky remitters stand to win gift vouchers to the value of Rs. 100,000 for home appliances each week. In the monthly draw, 75 lucky participants stand a chance to win gold coins and finally, a luxury villa worth Rs. 30 million is on the cards in the grand draw.

In supporting Sri Lankan expatriates to achieve their life-goals with their hard-earned foreign currency earnings, the Bank is also engaged in initiatives to enhance financial literacy of Sri Lankan expats while encouraging them to save and manage their earnings efficiently.

The BOC’s Smart Remit facility is a popular digital money transfer service among Sri Lankan expats since its inception in 2013. Over the years, this facility has enabled Sri Lankans living abroad to reduce the transactional costs with its range of facilities and benefits as BOC continues to update and upgrade with latest technological developments. Last year, BOC upgraded its Smart Remit facility enabling Sri Lankan expats to conduct real time remittance transfers more securely.

Following the decision of the Central Bank of Sri Lanka to convert NRFC, RFC, and NRNNFC as Personal Foreign Currency (PFC) Accounts allowing banks to offer enhanced benefits to account holders, BOC moved swiftly to offer wide-range of additional benefits under PFC to its loyal customers. 

With the new initiative Sri Lankan migrant workers and their close family members are eligible to open a PFC Account with BOC that can be maintained as a current, saving or fixed-deposit account.

As another novel initiative to maximise benefits to its PFC account holders, BOC has also moved to extend the cover of three insurance schemes for them.