Bank of Ceylon disposes staggering Rs. 174 b through its ATM/CDM/CRM network during Avurudu season

DGM Branch Operations Priyal Silva 

The Bank of Ceylon yet again set a record during Avurudu Season with over Rs. 174 billion worth of transactions taking place in its CDM, CRM and ATM terminals. 

It said this record is a testimonial to customers’ faith kept in the Bank’s network, to provide them with the best in class 24-hour operative convenient banking services.  

Having a fully operational ATM/CDM/CRM network with over 1450 machines, at the time of writing, covering the entire country, BOC has provided customers utmost convenience and easy access to cash for their immediate cash requirements during the Avurudu season.

The Bank has installed over 159 Cash Deposit Machines (CDMs) and 622 Cash Recycling Machines (CRMs) apart from 676 ATMs covering every strategic point throughout the country enabling BOC customers to deposit money into their accounts in real-time 24 hours a day. Transactions made on the network were recorded from 1 to 17 April 2023 which was over 7.5 million number of transactions worth Rs. 174.316 billion respectively.

Deputy General Manager Branch Operations Priyal Silva said: “The bank considers it as a privilege to have assisted all its customers during this avurudu season to have conveniently fulfilled their immediate cash requirements through its massive ATM/CDM/CRM network spread across the country throughout. I wish to thank all our customers who have placed their trust in our service and wish to reiterate our commitment towards continuous service excellence.”

BOC ATM/CDM/CRM network of over 1450 machines covers every hotspot in the country and this has led to the increase in usage of these service points among the general public. The Bank is currently in the process of expanding its digital customer touch points strategically. All ATM, CDM and CRM transactions are instantly updated and customers can immediately check their balances either through B-APP smartphone application or through the Smart Passbook mobile application. Unlike many CDMs which require money to be fed into the machine note by note or be inserted into an envelope, BOC’s own machines allow customers to place a total bundle of 200 notes in a mix of any denomination in a single transaction. Both CDM/CRM machines accept “cardless” deposits made using ATM cards or fund transfers made by simply keying the debit account and the credit account numbers as per instructions displayed on the machines’ graphic screen. 

Leading in digital banking BOC offers many innovative digital payment options including online banking- BOC smartonline, mobile banking- B-App, BOC agent banking and QR scan-enabled app- BOC SmartPay to carry out everyday transactions securely and conveniently.