ComBank’s ATM network sets new records for cash dispensed in a festive season
View(s):The automated teller machine (ATM) network of Commercial Bank of Ceylon dispensed a record Rs. 8.818 billion on April 9 and 10 during the Sinhala and Tamil New Year celebrations, shattering the previous records for the highest and second highest cash disbursements for a 24-hour period.
The disbursements of Rs. 4.498 billion on April 9 and Rs 4.320 billion on the following day represented a substantial increase over the single-day values recorded in previous years.
In total, the Commercial Bank dispensed Rs. 41.748 billion via its ATM network from April 1 to 15 at an average of Rs. 2.783 billion per day. On seven of these 15 days the network dispensed more than Rs. 2 billion a day, and on five days disbursements exceeded Rs. 3 billion a day, the bank said in a media release.
Comprising 890 ATMs, the network processed 2.434 million transactions over the 15 days at an average of 168,988 transactions a day, while on April 9, the number of transactions processed totalled 233,990 at an average of 9,749 transactions per hour or 162 transactions per minute.