Cargills Bank, first to offer limited free cash withdrawals on ‘LankaPay’ ATM network
View(s):Cargills Bank recently joined Sri Lanka’s largest Common ATM Network, enabling its customers to enjoy island-wide access at over 2500 ATMs connected on the ‘LankaPay’ network. Cargills Bank has also taken an innovative step in offering all its customers upto four free cash withdrawals per month at any ‘LankaPay’ member bank ATM.
Picture shows the agreement being exchanged between MD/CEO of Cargills Bank - Prem Kumar and GM/CEO of LankaClear - Sunimal Weerasooriya. Also present are Prabhu Mathavan, Deputy Managing Director/CFO - Cargills Bank, Rumaiz Rahim, DGM Marketing - Cargils Bank, Chanaka Wanigasooriya, Head of IT and Systems - Cargills Bank, Harsha Wanigatunga, DGM IT & Operations -LankaClear, Hemanthe Samaliarachchi, Senior Manager, Payment Systems – LankaClear, Isuru Jayaweera, Senior Manager, Help Desk and Bank Services –LankaClear.
The system already connects Bank of Ceylon, Commercial Bank, HNB, NDB, NTB, People’s Bank, Seylan Bank, Standard Chartered Bank and Union Bank. The ‘LankaPay’ network allows customers of one bank to transact using an ATM of another member bank.
At the signing ceremony on the latest endeavour, Cargills Bank’s CEO/Managing Director Prem Kumar, said, “As a customer-centric financial institution, we are delighted to link up with the ‘LankaPay’ – Common ATM Network. This enables our customers to undertake transactions on their accounts at over 2500 ATMS island-wide which are linked with the ‘LankaPay’ network. We are excited to partner with ‘LankaPay’ and look forward to working together to provide value propositions to our customers with added services and products.”
LankaClear’s General Manager and CEO, SunimalWeerasooriya, added, “We welcome Cargills Bank on board the ‘LankaPay’ network and take this opportunity in commending the steps taken by the bank in providing free transactions on this ATM network to their customers. We have seen similar progressive steps taken in other parts of the world and believe that affordability with reach and simplicity are the three vital ingredients in the success of an inclusive national payment infrastructure”.