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Kapruka Pty Ltd

Kapruka: The Tree of Wealth

Welcome to Kapruka Pty Ltd

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Helping you to help others

The Company

Why Use our Services

Kapruka Pty Ltd was established in 1999. From one office in Clayton, we have expanded our operations and we now have agents in Dandenong, Sydney, Canberra, Adelaide and Hobart.

Initially the objective was to remit monies to Sri Lanka via the People's Bank, the Bank with the largest network of branches in Sri Lanka. Within a year Kapruka Pty Ltd expanded our services to include countries in the Sub Continent.

Gradually we have expanded further and now remit monies to many countries in the world.

We also expanded our services to our Sri Lankan customers by increasing our portfolio to include most of the major banks in Sri Lanka, including the Hatton National Bank, Seylan Bank, Sampath Bank, Commercial  Bank, Bank of Ceylon, National Savings Bank, The Finance Company and Pan Asia Bank.

Though we have increased our services to you, in the last five years, we have not increased our remittance charges despite increases in costs.

The personalised service we provide, the 24x7 accessibility and knowing the requirements of our clientele give us an edge over other similar service providers.

We provide a professional service from an easily accessed office, which gives confidence to our clients of our reliability and professionalism.

Delays in receiving money in developing countries are frequent. If our customers experience such delays, we trace the transaction in the receiving country through our extensive personal contacts in the corresponding banks at no charge to our customer.

We adhere strictly to privacy laws and preserve confidentiality of our customers.

We always act for the benefit of our customers, even directing them to our competitors should this be more advantageous to our client.

Our clients include employees of all the major banks in Australia. Link to our Products and Services.

A little history

Our Customers

Kapruka Pty Ltd came into being because of three remarkable people. One is Mr. Waidyanatha who suggested that we begin a remittance service through the People's Bank. With its extensive branch network, it was possible to reach people living in even the more remote areas of the country, including the war torn areas of the North and the East of Sri Lanka.

When the People's Bank was contacted and this idea was put forward, it was enthusiastically taken up by Mr. Dayaratne and Mr. Karunasena, who saw the potential to serve people and the country. The proposal was submitted to the Board of Directors and these two gentlemen persevered in their efforts to ensure a successful outcome. Once Board approval was received, Kapruka Pty Ltd was accredited as the Agent in Australia, the first and only such agency of the People's Bank anywhere in the world. 

In an effort to better service our customers who held accounts in banks other than PB, we added major banks like Hatton National, Seylan, Commercial and Sampath banks, who also had branch networks and efficient services to our portfolio. Kapruka Pty Ltd also expanded to countries other than Sri Lanka when we were invited to become the Agents for Express Money, an overseas remittance company. Today our customer base includes people from Sri Lanka, the Sub-Continent, Africa, Asia-Pacific region and Europe.

Our customers are pretty special people. They are not wealthy people. They, like everyone else, do things the hard way: they work hard at their jobs, have families; children to bring up, homes to look after and worries like all of us.

Yet, they are special people because of what they do. They remit money to friends, family or to others who are need, because they want to help.

No one else knows of this helping hand they hold out to others more helpless than they are. Sometimes it is a parent, sometimes a sibling or cousin, sometimes it may an aunt or uncle, sometimes it is not even a relative but someone who has looked after them when they were young, or those who have suffered a calamity.

This is their way of showing gratitude to these people who have touched their lives or to the country that gave them many opportunities.

We are proud they have chosen us to help them. To read some of their stories, click on this link.

Alleviation of poverty through direct remittances

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© Jeanne Jayasinghe 30/12/2005 22:46