DFCC Bank strengthens ME Remittance Corridor through AlfaNow partnership

DFCC Bank has entered into a partnership with AlfaNow in Dubai, expanding its remittance network across the Middle East and improving how Sri Lankans overseas send money home.

The collaboration strengthens one of Sri Lanka’s most important financial lifelines. For many families, remittances are not just transactions, but a regular flow that supports daily expenses, education, and long-term stability.

By working with AlfaNow, DFCC Bank is enhancing its ability to deliver faster, more secure, and more accessible fund transfers, particularly for customers in the UAE. The partnership is expected to improve turnaround times and reliability, while making it easier for expatriates to stay financially connected with their families in Sri Lanka.

The partnership was formalised in the presence of Hasan Jaber, Group CEO of AlfaNow, and Anton Arumugam, Senior Vice President – Offshore Banking, Remittances and Business Development at DFCC Bank.

Anton Arumugam said, “Expanding our presence in key remittance corridors is about making it easier for Sri Lankans overseas to support their families back home. Our focus is on ensuring that every transfer is fast, secure, and dependable, especially during periods when these flows become even more important.”

The Middle East continues to account for a significant share of Sri Lanka’s inward remittance flows, making service reliability and accessibility critical. Through partnerships such as this, DFCC Bank continues to strengthen its cross-border capabilities while supporting the evolving needs of Sri Lankan expatriate communities.