Nations Trust Bank and Sampath Bank to share ATM network

Monday, 16 January 2012 00:00 - - {{hitsCtrl.values.hits}}

Taking yet another progressive step in the banking industry, Sampath Bank and Nations Trust Bank have come together to enhance customer convenience. The two institutions are joining hands to provide their customers access to over 1,500 ATMs across the island.

Having introduced the concept of ATMs to Sri Lanka in 1987, Sampath Bank revolutionised the banking industry. They were also responsible for pioneering the strategy of sharing the ATM network in Sri Lanka. Such efforts substantiated a significant saving for customers in the form of fees paid to foreign financial institutions for ATM usage.

Now partnering with NTB, Sri Lanka’s fastest growing bank, the islandwide ATM network which is powered by Sampath Bank will now include the 61 ATMs of NTB as well. The partnership adds to the already large network of shared ATMs which includes those of Bank of Ceylon, Hatton National Bank, National Savings Bank, Union Bank, DFCC Vardhana Bank, Pan Asia Bank, HDFC Bank and NDB Bank.

NTB customers will now have easy access to their accounts, 24 hours a day, across the island, through this large network, making transactions even more convenient. Customers of all banks within the network will be able to transact through any ATM belonging to a partner bank at a very minimal service charge. In addition it will enable the American Express Card Members to obtain card cash advances via the Sampath Bank ATM network

As a bank that prides itself as the benchmark of convenience, Nations Trust Bank is a young and dynamic financial institution that many professionals can identify with. It strives to offer its customers greater convenience and easy banking at all times in keeping with its customer centric profile.

“With this partnership with the Sampath Bank ATM network, we will be able to further assist our customers in their quest for convenient and fast paced banking. Having access to their bank accounts via 1500 ATM’s spread throughout all corners of the island maximises reach and flexibility of our customers,” said Mr Saliya Rajakaruna, Director/CEO of NTB at the ceremony for the signing of the agreement with Sampath Bank on Tuesday.

Meanwhile speaking of its future plans, Aravinda Perera, Managing Director of Sampath Bank said that they would continue to expand the network through partnerships with other financial institutions thereby giving customers more opportunities to fulfill their day to day needs.