Bank of Ceylon records over Rs.46 Billion transactions
The owner of the largest ATM/ CDM network in the country, the Bank of Ceylon yet again set a benchmark in the Banking industry by transacting over Rs. 46 Billion during this Sinhala and Tamil Avurudu Season from April 1st till April 14th 2017. Having a fully operational ATM network with over 730 machines covering the entire the 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. 34 Billion from 1st to 14th April which is highest amount dispensed through a bank’s own ATM network in Sri Lanka. The Bank has installed over 127 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 recorded- over Rs. 12 Billion in cash during the same period. The highest number of transactions made on ATM/ CDM network was recorded on Friday April 07th 2017 which was over 350,000 transactions worth Rs. 6.29 Billion. During the period from 7th April to 12th April the bank’s ATM network dispensed over Rs.3.45 Billion per day on average.
“It is overwhelming to see that our efforts to digitally transform the banking landscape in the country is becoming a success day by day. With our ATM/CDM network that counts more than 850 machines covering every hotspot in the country we have been able to increase usage of these service points among general public. Our ATM/CDM network is not only popular among our customers but also among others who bank with other banks to use when in need.” stated the Acting Deputy General ManagerSales and Channel Management, Deputy General Manager Retail banking (Range 2.) C. Amarasinghe. The Bank has enabled all ATM card users to withdraw or make direct payment through a POS machine up to Rs. 100,000/- per day 24 X 7 through an ATM without prior arrangement. The same can be used for transactions over Rs.100,000/- per day through a POS machine with prior approval.