Payment rail · Sri Lanka
Payment rail · Sri LankaWhat is US Dollar Online?
US Dollar Online is the Sri Lanka Interbank US Dollar On-line Payment System, operated by LankaPay, for domestic US-dollar transfers between banks in Sri Lanka, cleared in value-dated daily sessions rather than in real time. Poplin pays out to Sri Lanka over US Dollar Online, settling the same business day at the latest.
Source: LankaPay (opens in a new tab)
Reviewed · by Joyce Chin, Chief Operating Officer & Compliance Officer
Which rail reaches…
Which rail reaches your recipient?
No destinations match that search.
A payout to Sri Lanka clears fastest over
SLIPS
settles the same business day · 1% + $1.00 on a business account
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
// at a glance
What the rail sets for a payout over US Dollar Online — and what Poplin charges to send.
Settlement
Same day
a ceiling, not the typical time
Reaches
1
country — Sri Lanka
Paid out in
USD
US dollar
Business fee
0.5%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
// how it moves
How US Dollar Online payouts move.
From your US-dollar balance to an account in Sri Lanka — four steps.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Dollars stay dollars
US Dollar Online pays out in US dollars, so nothing converts — no rate, no markup.
Cleared over US Dollar Online
Poplin clears the payout over US Dollar Online, Sri Lanka’s domestic US-dollar transfers.
Arrives inside the window
US Dollar Online settles the same business day — a ceiling, not the typical time; how fast it lands depends on the receiving bank.
// coverage
Where US Dollar Online reaches.
Sri Lanka
The one country Poplin pays out to over US Dollar Online, in US dollars.
Send to Sri Lanka →Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
US Dollar Online — FAQ
Basics
What is US Dollar Online?
US Dollar Online is the Sri Lanka Interbank US Dollar On-line Payment System, operated by LankaPay, for domestic US-dollar transfers between banks in Sri Lanka, cleared in value-dated daily sessions rather than in real time. Poplin pays out to Sri Lanka over US Dollar Online, settling the same business day at the latest.
Speed
How long do US Dollar Online payouts take?
Over US Dollar Online, Poplin payouts settle the same business day. Payments leave your account in seconds; US Dollar Online then clears the payout to the recipient’s bank.
Cost
How much does it cost to send money over US Dollar Online with Poplin?
A percentage of the amount plus a $1.00 fixed fee — 0.5% on a business account and 1% on a personal account, shown in full before you send. US Dollar Online pays out in US dollars, so nothing converts at Poplin — no rate, no markup.
Coverage
Which countries does Poplin reach over US Dollar Online?
US Dollar Online is how Poplin pays out to Sri Lanka, in USD. Poplin also reaches Sri Lanka over SWIFT (USD) and SLIPS (LKR) — which one a payout uses depends on the bank details your recipient has.
Send US dollars to Sri Lanka over US Dollar Online.
Open a Poplin account in minutes. No monthly fees.