Home / Financial Services/ COMBANK launches country’s first fully-automated cheque deposit machine

COMBANK launches country’s first fully-automated cheque deposit machine


Comments / {{hitsCtrl.values.hits}} Views / Friday, 7 September 2018 00:00


Sri Lanka’s first fully-automated cheque deposit service machine has been launched by the Commercial Bank of Ceylon at its City Office in York Street, Colombo. 

This cheque deposit machine eliminates the need for the filling up of cheque and account details on a deposit envelope. The depositor is required only to key in the account number along with the account holder’s telephone number, before placing the cheque in the allocated slot. 

Saving time and enhancing convenience of customers, the machine will scan the cheques and extract all other required information.  The machine can scan up to 25 cheques of a single customer at a time, and email all images of cheques and receipts to a registered email address. Additionally, customers could also receive images of up to two scanned cheques in the receipt from the machine. 

The machine allows for the payment of utility bills by cheques as well. The Bank plans to install these machines at other locations in the near future. 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit


Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi


The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


Columnists More