If you’re looking to send money to Sri Lanka, the many options available can get a bit overwhelming. While OrbitRemit is Australia and New Zealand’s most trusted online money transfer platform, they’re not the only option.
One alternative in the digital money transfer market is Kapruka. Kapruka was founded in 2009 to help users transfer funds to Sri Lanka.
In this article, we’ll go through the key features of Kapruka and how they can help you to send money from NZD to LKR.
What currencies does Kapruka support?
With Kapruka, you can send money from New Zealand (NZD) to Sri Lanka (LKR).
What does Kapruka charge for an international money transfer?
Kapruka charges a NZD $10 service fee on their money transfers, and a NZD $15 fee for Non-Resident Foreign Currency (NRFC) accounts.
Your transfer will also carry a fee from Sampath Bank on the receiving end in Sri Lanka. This could be LKR 250-500 to non Sampath Bank account holders, LKR 200-450 for cash pick ups or LKR 200-300 to Sampath Bank account holders. The final fee will depend on the amount you send.
What is Kapruka’s exchange rate?
Kapruka uses the Central Bank of Sri Lanka’s published dollar exchange rate to inform their own. Like all exchange rates, this is constantly changing but you can find the exchange rate being used by Kapruka at any time on their homepage by entering your desired send amount.
How to sign up with Kapruka?
To create an account, you can start by clicking the Sign Up button on their website homepage. Next you will need to provide some personal information including your name and address, as well as some legal documents for verification purposes. In order to start transferring money you will also need to add payment information and verify your account.
How long does a money transfer with Kapruka take?
Once you’ve added your payment method, created and funded your transfer, the money should reach its destination in Sri Lanka within a few hours. Make sure you enter all the necessary information correctly to avoid delays during the transfer process, as this could slow things down. Larger transfers may require additional questioning and therefore take more time to process.
How to contact Kapruka?
The suggested way to contact Kapruka is through the form listed on their website’s Contact page. You can also get in touch with a support member by phone at 09 889 9306, mobile at 02102445166 or email them at info.kapruka.co.nz.
Can I trust Kapruka with my money?
Yes, Kapruka has been a Central Bank of Sri Lanka approved remittance service provider for 15 years. They are also a member of New Zealand Financial Services Complaints Ltd (FSCL) and a designated service outlet with Sampath E-remittance.
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If you found this page while comparing options for online money transfer, you’re in the right place! As we already mentioned, OrbitRemit is Australia and New Zealand’s most trusted international money transfer platform, with an excellent 4.9/5 star rating on Trustpilot from over 30,000 reviews. Our customers love OrbitRemit for our speed, value and security, but don’t just take our word for it – check out what our happy customers have to say about our services here. If you’d like to experience easy and hassle-free money transfer for yourself, sign up to OrbitRemit here!
Sources:
http://www.kapruka.com/money/money_step_1.jsp
http://www.kapruka.co.nz/how-it-works/
http://www.kapruka.co.nz/contact-us/
http://www.remitbee.com/blog/what-is-kapruka-money-transfer-sri-lanka
