Commercial Bank launches new series of ‘Cash Deposit & Withdrawal’ machines
View(s):The Commercial Bank of Ceylon has launched a new generation of machines that offers several new advancements on the standard ATMs and deposit machines, including cash deposits that are credited instantly. In a media release, the bank said it will be installing ‘Cash Deposit & Withdrawal’ machines in stages within its 251 strong branch network. Card-less cash deposits are possible and the new machines accept cash deposits into third party accounts as well, and can be used to settle utility bills and dues on Commercial Bank credit cards, the bank said.
A sophisticated stacker that can accept and count up to 200 notes at a go eliminates the need for envelopes, making the machines more eco-friendly. Additionally, the new machines offer services such as balance inquiries, transfers of funds between linked accounts and changing of personal identification numbers (PINs) and accept requests for mini statements, the bank said. Detailed receipts are issued in respect of the transactions processed.