Commercial Bank installs ‘forex ATM’ at Crescat
View(s):The Commercial Bank of Ceylon has installed an automated teller machine (ATM) that converts foreign currency into Sri Lanka Rupees at Crescat Boulevard, one of Colombo’s leading shopping malls and can be used by anyone.
Located on the walkway between Crescat Boulevard and the Cinnamon Grand hotel, the ATM accepts US Dollar and Euro currency notes and issues their equivalent in Sri Lanka Rupees, making it convenient to many customers, particularly tourists.
Customers could change between US$10 or EUR 10 upto a maximum of US$ 200 or EUR 150.
“This foreign exchange ATM does not require an ATM card, and can be used by tourists and the public in addition to customers of Commercial Bank,” the Bank’s Chief Information Officer Rohan Muttiah said in a media statement.
He added that Commercial Bank intends to install more of these ATMs in selected key locations particularly for the convenience of the growing number of foreign visitors to Sri Lanka.
In addition to converting foreign currency, the unit also provides standard ATM services.
The largest private bank in the country, Commercial Bank operates a network of 232 branches and services points and an ATM network of 585 terminals, the largest electronic cash dispensing facility owned by a single bank in Sri Lanka. The bank is also the most awarded financial institution in the country.