Business
ComBank redeploys Mobile Cash services to help people comply with travel restrictions
The Commercial Bank of Ceylon announced it has redeployed its ‘Bank-on-Wheels’ service with mobile Cash Recycler Machines (CRMs), following the extension of the travel restrictions necessitated by the third wave of the pandemic.
Designed to take banking services to customers whose mobility has been limited and to enable them to carry out routine banking transactions in their own neighbourhoods, the ‘Bank-on-Wheels’ units, are traversing Colombo and its suburbs and many other areas including towns in the North and East of the country, the Bank said in a press release.
The CRMs can accept deposits, process the notes, and then deploy them for withdrawals. This enables residents in the areas visited by these units to both deposit and withdraw money. Other bank customers also can withdraw cash from these ATMs through LankaPay, Visa, Mastercard and UnionPay networks.
The Mobile Units visit several locations in a single day and soon, more of them will be deployed in other parts of the country to offer services to a larger segment of the populace, the Bank said.
A schedule containing details of the locations to be visited by the Mobile Banking Units and the times, will be announced through the Bank’s website as well as on its Facebook and Instagram pages a day in advance, to facilitate awareness, it added.