Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Bank of Ceylon records Rs. 54 billion ATM/CDM transactions this during New Year festive season
Fri, Apr 20, 2018, 01:02 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 20, Colombo: Bank of Ceylon yet again set a record during Avurudu Season with over Rs. 54 billion worth transactions taking place in BOC's very own CDM and ATM terminals.

This record is a testimonial to customer's faith kept on the Bank's ATM/CDM network, to provide them the best in class 24-hour operative convenient banking services. Having a fully operational ATM/CDM network with over 930 machines covering the entire country, BOC has provided customers utmost convenience and easy access to cash for their immediate cash requirements during Avurudu.

Through the Bank's ATM network alone BOC has dispensed over Rs.36 billion for 13 days period between 1st to 13th April which is the highest amount dispensed through BOC ATM network.

The Bank has installed over 160 Cash Deposit Machines (CDMs) covering every strategic point throughout the country enabling BOC customers to deposit money into their accounts on real time 24 hours a day. These CDMs have accepted highest amount recorded at over Rs.18 billion in cash during the same period.

The highest amount in transactions made on the ATM network was recorded on 10th and 11th April 2018 which was over Rs. 4.8 billion and Rs. 4.3 billion respectively. During this period deposits that were made to bank's CDM network was over Rs .2.0 billion and Rs. 1.9 billion respectively. Total Number of ATM and CDM transactions were recorded as 3.6 million during 13 days period.

BOC ATM/CDM network of more than 930 machines covers every hotspot in the country and this has led to the increase in usage of these service points among general public. The Bank is currently in the process of expanding its digital customer touch points strategically. As the latest addition to this chain, BOC-DIGI is a sophisticated self-serving customer service center that includes ATMs, CDMs account opening, and bill payment kiosks. So far the pilot BOC-DIGI in Kandy City Center has created quite a buzz within the City and records an impressive number of transactions every day which shows the customer confidence gained within the short period since its opening.

Apart from the benefit of the cash withdrawal facility from the ATM, through the CDM customers can instantly deposit cash straight into their BOC account that gets credited on real time without an additional charge. Unlike many cash deposit machines which require money to be fed into the machine note by note or be inserted into an envelope, this machine allows customers to place a total bundle of 200 notes in a mix of any denomination in a single transaction. This machine also accepts "cardless" deposits made using ATM cards or fund transfers made by simply keying debit account and the credit account numbers as per instructions displayed on the CDMs graphic screen.

 

ColomboPage - Recent 10 Stories ::
Sri Lanka nationwide inflation declines to 0.4 percent in December 2018
-- [37 minutes ago]
Sri Lanka's JLanka to invest $10m in Bahrain renewable energy sector
-- [50 minutes ago]
India assists in building modern infrastructure for Swami Vipulanada Institute of Aesthetic Studies at Sri Lanka's Eastern University
-- [1 hour and 21 minutes ago]
Court lifts overseas travel ban imposed on Avant Garde suspects
-- [7 hours ago]
HRCSL requests allocation of funds in budget to make state buildings accessible to disabled
-- [8 hours ago]
National Savings Bank employees to launch strike
-- [9 hours ago]
Police arrest 12 students of Wayamba University for assault on freshmen
Fitch Affirms SriLankan Airlines' Government Guaranteed Bonds at 'B'
President to launch National Drug Eradication School Week tomorrow from North
Fall armyworm menace cancels leave for agriculture officials

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.