CF adopts Uni-banking
NOVEL PRODUCT: Central Finance Company Limited (CF) is now practising
a Uni-banking system to enable customers to conduct their transactions
from any CF branch.
To boost this CF has introduced its own Automated Teller Machine
network (ATM) commencing operations on December 5.
Initially the Central finance Company installed five ATMs at its head
office in Kandy, City Office Colombo, Kurunagela branch, Nugegoda branch
and Negombo branch.
"In early January Central Bank allowed us to cater the savings
accounts. So far we have tapped 11000 savings accounts through our
twenty-five branches islandwide. We will develop over branch net work to
thirty-five end of this month," Assistant General Manager - Deposits,
Anura Rajanayake said.
"We are now negotiating with a leading bank to use their ATM in
future. After this negotiation our customers also can use their ATMs for
their transactions. To use these specific ATMs the service charge will
be minimised to Rs 10 to Rs 15.
We are planning to combine with master cards system in the near
future which will globalise our customers' financial transactions," he
For these ATM services, Interblocks Limited provides the complete
services to Central Finance Company. " I assure the services provided by
the Central Finance will be stable. And its ensured by the A+ Fitch
Rating. Which is assessed by an independent body in Sri Lanka" he said.