Xoom Corp., a digital money transfer provider, this past week announced the launch of its money transfer service to Sri Lanka, according to a press release.

Xoom has partnered with Sampath Bank, one of the largest banks in Sri Lanka, to offer instant deposits to Sampath Bank accounts in the country. Xoom also will provide bank deposits within 24 hours to other banks in Sri Lanka, including Hatton National Bank, Bank of Ceylon, Peoples Bank, Commercial Bank and more. With the addition of Sri Lanka, Xoom's money transfer services now reach 33 countries.

"We are delighted to extend Xoom's services to the Sri Lankan market," said John Kunze, Xoom's president and CEO. "With our breakthrough technology, Sri Lankans in the U.S. can securely, conveniently, and cost-effectively send money to their friends and family back home."

"Sampath Bank is very proud to announce its partnership with Xoom," said Mr. Kusal De Silva, Senior Manager of Remittances at Sampath Bank. "This is yet another step by the bank to provide an even more convenient service for its customers. Through our collaboration with Xoom, families in the U.S. can send money to their loved ones in Sri Lanka instantly and safely."

Xoom user will be able to complete funds transfers to Sri Lankan immigrants from their computer, tablet, or mobile phone. When paying with a bank account, customers can send up to $1,000 for just $4.99, and transfers are fee-free for transactions over $1,000. Customers can also download Xoom's app for Android and iOS mobile devices to send money on the go, according to the announcement.