Sampath Bank, DFCC Vardhana team up to boost ATM link

Nation’s pioneer banking and financial services provider, Sampath Bank joined forces with DFCC Vardhana Bank, a leading and a long standing financial institution in Sri Lanka, to offer more comprehensive ATM network facilities with wider location coverage in the island for their customers.
The combined set up of DFCC-Sampath ATM network comprises of over 212 ATM points spread across the island, providing customers of both banks to access their savings and current accounts with more ease than ever before. This service is available 24 hours, 365 days and is real time, on-line banking facility that enhances customer convenience at a higher level. Sampath Bank plans to add another 20 ATM points under their expansion programme that is in progress for year 2009.

Sampath Bank Executive Director and CEO Harris Premaratne (left) shakes hands with DFCC Vardhana Bank CEO and Managing Director L.G Perera after signing the new deal on ATMs

At present Sampath Bank boasts of the largest ATM network facility of 522 access points in Sri Lanka due to previous alliances formed with other state and private banks for ATM network sharing. Sampath Bank is the leader in ATM network sharing amongst financial institutions in Sri Lanka, leading to a huge saving in foreign exchange in the form of fees paid to foreign financial institutions for ATM usage.
Sampath Bank hopes to link with several more financial institutions in the near future with the view of allowing better service and easier access to all customers, irrespective of their bank. The bank hopes to share their technical expertise with their partner banks that will join forces to enhance the ATM network, thereby enhancing customer convenience for all customers.
Sampath Bank is the legendary trendsetter in technology driven banking in Sri Lanka, having revolutionised the banking industry by introducing networked ATM facilities for the first time in 1987.