Sri Lanka Post gets credit card friendly

In ground breaking deal over 100 post offices to accept HSBC credit cards for transactions

Following a ground breaking agreement made between the Sri Lanka Post and HSBC recently, HSBC credit card holders can now purchase a wide range of postal products and services at over 100 post offices island-wide.

This value added service is yet another initiative by HSBC to provide greater convenience and accessibility to all its customers.

With the acceptance of the HSBC credit cards at over100 selected post offices, all HSBC credit card customers can enjoy a gamut of new benefits, such as the purchasing of stamps, registered post service, speed post, EMS courier services, pre - paid phone cards, email, internet, fax, IDD calls and payments of traffic related fines using their HSBC credit card. This is in addition to cash and cheque deposits to HSBC accounts and credit card bill payment facilities made possible at these locations.

Non-HSBC credit card holders will have the opportunity of applying for an HSBC credit card through this service and enjoying a 51-day credit period. These multi faceted post offices, which spread across the districts of Colombo, Gampaha, Kalutara, Galle, Matara, Kandy, Nuwara-Eliya, Matale, Kurunegala, Puttalam, Ratnapura, Kegalle, Badulla, Anuradhapura and Polonnaruwa will provide greater convenience and access to customers who can now choose to do their banking transactions without having to visit an HSBC branch.

A spokesperson for the Bank said, ‘The bank plans to expand the number of post offices accepting HSBC credit cards and other related banking services to 150 by March this year’. He also commends the Post Office for its contribution in making this partnership a success. HSBC being the first foreign bank to partner the post office in this initiative has been highly acclaimed by many. It is just one of many innovative services offered to customers by HSBC, the market leader in credit cards.

In addition to its leading position in credit cards, HSBC has also built a formidable reputation in Corporate Banking, Treasury, and Personal Banking.

The bank employs over 1500 staff in Colombo and maintains best practices in ten thousand offices in eighty-two countries. HSBC is also responsible for implementing several successful Corporate Responsibility initiatives in Sri Lanka, particularly in the areas of education, environment and livelihood development programmes.

Hongkong and Shanghai Banking Corporation Limited is the founding and a principal member of the HSBC Group which, with over 10000 offices in 82 countries and territories and assets of USD1,861 billion at 31 December 2006, the HSBC Group is one of the world’s largest banking and financial services organisations.