Sunday Times (Sri Lanka)

Bank of Ceylon becomes the first ever Bank to install its 150th CDM

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The Bank of Ceylon becomes the first ever Bank to expand its Cash Deposit Machines (CDMs) network up to 150 machines becoming the largest CDM network provider in the country by opening its 150th CDM machine in Kochchikad­e on 6th November 2017. With this installati­on the total ATM/CDM network now counts over 930 machines that provide seamless banking transactio­ns 24 x 7. As a part of the Bank’s continuous digitizati­on process in order to facilitate customers with banking at their convenienc­e, BOC will expand its CDM network to every nook and corner of the country. These SmartZones will consist of ATMs, CDMs and online banking facility enabling customers to transact at any time they want through well secured and trusted digital systems.

Pioneering the digitizati­on of the banking landscape in Sri Lanka, the Bank of Ceylon was the first to introduce and popularize many new technologi­es among Sri Lankans. Currently the Bank is the largest single network connected to “Lankapay” common ATM platform in the country with 786 of BOC’s own ATMs.

“We strategica­lly look into cover in key pockets of the country, we try to provide many of our customers economical, convenient and seamless banking solutions and we have made sure to roll out our CDM network to other parts of the country too. Another objective the Bank has fulfilled was to take the latest banking technology over the boundaries of Colombo and its suburbs to other areas of the country” stated the Deputy General Manager Mr. Senarath Bandara.

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