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Wells Fargo Bank Vice President, FIG Payment Services – South Asia Rajaraman Subramaniam presenting the award to Seylan Bank Director/Chief Executive Officer Kapila Ariyaratne. Also present from left: Seylan Bank Deputy General Manager – Operations Malik Wickramanayake, Chief Manager – International Financial Services Ashger Ali, Chief Manager – International Dilan Wijegoonawardena and Manager – Correspondent Banking Amanie Nanayakkara
Seylan Bank was honoured with a ‘Special Recognition Award’ by its’ main USD correspondent Wells Fargo Bank, N.A for 2017-2018 recently.
The accolade was a result of Seylan Bank’s continuous commitment to improve the overall efficiency levels, superior transaction processing time with a low inquiry ratio in the global trade and other payments community.
The award recognised a limited number of financial institutions of Wells Fargo Bank which accounts for 10% of 1500 partner banks around the globe. Seylan Bank was the only local bank to receive this award for two consecutive years.
Wells Fargo is the Most Valuable Banking Brand in North America and Retail Banking (2017) and Third-Most Valuable Financial Services Brand in World (2017) as recognised by Brand Finance and Forbes respectively.
The bank has also been recognised as the Distinguished Provider for USD Global Transaction Services six years in a row and also the number one bank in Overall Institutional Satisfaction among Global Financial Institutions (2018) rated by FImetrix Global Stats.