Sri Lanka, May 17 -- A technical error in a foreign currency exchange remittance system led to some customers being paid higher amounts than scheduled, People's Bank clarified in an official media release.

According to the statement, this error occurred between May 2023 and March 2026.

The bank recently identified that an error in converting the exchange rate from one currency unit during that period resulted in certain customers receiving more money than they were due.

The bank took action to fully rectify the error by now, the statement noted.

An internal investigation commenced immediately upon identifying the incident, and People's Bank stated that further investigations are underway based on the instructions of regulatory and sup...