The Commercial Bank of Ceylon dispensed Rs. 50.769 billion in cash through its automated teller machines (ATMs) in December 2017, setting a new record and achieving an important milestone in such disbursement, the bank said in a media release. The 750-terminal network processed more than eight million withdrawal requests over the 31 days of the [...]

Business Times

ComBank sets record ATM withdrawal in December

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The Commercial Bank of Ceylon dispensed Rs. 50.769 billion in cash through its automated teller machines (ATMs) in December 2017, setting a new record and achieving an important milestone in such disbursement, the bank said in a media release.

The 750-terminal network processed more than eight million withdrawal requests over the 31 days of the month at an average of over 258,000 transactions a day.

Transactions peaked on December 22 (Rs. 2.372 billion), December 29 (Rs. 2.167 billion) and December 8 (Rs. 2.154 billion), totalling Rs 6.693 billion on those three days alone, with the network processing more than 911,000 requests for cash.

On 10 of the 31 days of the month, Commercial Bank ATMs dispensed more than Rs 1.75 billion per day, and on 23 days withdrawals exceeded Rs 1.5 billion a day, the release said.

However, the record for cash dispensed in a single day on the bank’s ATM network still stands at Rs 2.79 billion, set on April 7, 2017.

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