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Bank accounts will be suspended if money is sent and received from illegal methods

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Central Bank Governor Ajith Nivard Cabraal says that the bank accounts of those who distribute and receive money through the Illegal Money Transfer Centers will be suspended with immediate effect.

Therefore, the Governor of the Central Bank has emphasized that Sri Lankans living abroad should only use legal methods when sending money to Sri Lanka.

This is a step taken by the Central Bank of Sri Lanka and law enforcement authorities to curb the flow of illicit funds.

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