BOC disposes Rs.174 b through its ATM/CDM/CRM network during Avurudu | Sunday Observer

BOC disposes Rs.174 b through its ATM/CDM/CRM network during Avurudu

30 April, 2023
DGM Branch Operations Banking Priyal Silva
DGM Branch Operations Banking Priyal Silva

The Bank of Ceylon (BOC) again set a record during Avurudu Season with transactions worth BOC over Rs. 174 billion taking place in BOC’s very own CDM, CRM and ATM terminals.

This record is a testimonial to customer’s faith kept on the Bank’s ATM/CDM/CRM network, to provide them the best in class 24-hour operative convenient banking services.

Having a fully operational ATM/CDM/CRM network with over 1,450 machines, covering the entire country, BOC has provided customers utmost convenience and easy access to cash for their immediate cash requirements during 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 on real time 24 hours a day. The number of transactions made on the network was recorded at 7.5 million from April 1-17 to the value of Rs.174.316 bn.

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 more than 1450 machines covers every hotspot in the country and this has led to the increase in use of these service points among 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 smart phone application or through 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 allows customers to place a total bundle of 200 notes in a mix of any denomination in a single transaction.

CDM/CRM machines accept “cardless” deposits made using ATM cards or fund transfers made by simply keying debit account and the credit account numbers as per instructions displayed on the machines graphic screen. Leading in digital banking BOC offers many innovating digital payment options.

 

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