Seylan Bank partners Union Bank to issue ‘Global Traveller’s Cards’

Wednesday, 1 December 2010 00:31 - - {{hitsCtrl.values.hits}}

Having entered the Card Industry in 1992 with an array of Card types to suit its customer requirements, Seylan Bank today is one of the largest Card issuers in the country.

In March 2005, Seylan Bank launched yet another card for the first time in Sri Lanka, the ‘Visa Traveller’s Card’. The Traveller’s Card is a substitute for Traveller’s cheques and is considered to be safe, convenient and secure in comparison to carrying Traveller’s cheques. The Traveller’s card relieves the customer of the burden of having to spend time and money locating exchange houses to encash Travellers cheques at unfavourable exchange rates.

Seylan Bank took an initiative to extend the Global Traveller’s Card to various other authorised financial Institutions. Union Bank was the recent Bank to join hands with Seylan Bank to issue Global Traveller’s Cards to their customers.

Global VISA Traveller’s Card enables travellers to carry a Card instead of traditional Travellers’ Cheques or Foreign Currency Notes. This card is accepted at over 24 million merchant outlets and at over 1.6 Million VISA ATMs worldwide allowing 24 hour access to funds. Cash withdrawals and balance inquiries at ATMs could be made free of charge. Favourable exchange rates (as determined by VISA International ), security of funds with a the 4 digit PIN number, additional Card in case of loss or theft of the main Card, SMS alerts to notify transactions, online access are some of the very many benefits available to Traveller’s Cardholders. 24 hour hotline facility is available on 0112008888 for all queries including blocking of cards incase of loss/theft of the Card.

Cardholders enjoy a free Travel and medical Insurance Cover if the card is loaded with over USD 500. Further, Cardholders need not carry the passport each time they need to make a withdrawal or a purchase unlike in the case of Traveller’s Cheques.