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The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR-only online interbank payment and fund transfer system in Sri Lanka. [1] [2]SLIPS is owned by LankaClear, an organization owned by the Central Bank of Sri Lanka and all Licensed Commercial Banks operating in Sri Lanka, with 47.19% of shares held by the CBSL and State owned commercial banks, and 52.81% by other private banks.
Sri Lanka currently has over 271 kilometres (168 mi) of designated expressways serving the southern and central parts of the country. The first stage of the E01 Expressway (Southern Expressway), which opened in 2011 was Sri Lanka's first expressway spanning a distance of 95.3 kilometres (59.2 mi). The second stage of the Southern Expressway ...
The Express Payment System, more commonly known as the EPS, was the EFTPOS system originally of the ATM cards of Bank of the Philippine Islands and its subsidiaries, BPI Family Savings Bank and BPI Direct Savings Bank. Today [when?], it is the EFTPOS system of the Expressnet interbank network in the Philippines. The system is the most popular ...
Transport in Sri Lanka is based on its road network, which is centred on the country's commercial capital Colombo. A rail network handles a portion of Sri Lanka 's transport needs. There are navigable waterways, harbours and three international airports: in Katunayake , 35 kilometres (22 mi) north of Colombo, in Hambantota, and in Jaffna.
The Sri Lanka Interbank Payment System (or SLIPS in short) is the largest account-to-account fund transfer network in Sri Lanka. [2] Created by LankaClear, it enables member banks to carry out same-day transfers of up to Rs. 5 million, in a secure paperless process.
In a bygone era, delivery was first by foot (in the hills and remote places it is not uncommon to see postmen delivering letters on foot, even today!), then bicycles were added. Sri Lanka Post was the first to inaugurate a mail coach service in Asia. The mail coach service began operations in 1832, between Colombo and Kandy. [7]
Expressnet is known for its Express Payment System (EPS), which was at first the debit card system of the BPI Express Teller ATM card. In 2005, the network expanded to include cardholders of all Landbank E.A.S.Y. ( E xpress A ccess for S avers like Y ou) and Banco de Oro (local and international) ATM cards.
Sri Lanka is an island country in South Asia, located about 31 km off the southern coast of India. After over two thousand years of rule by local kingdoms, parts of Sri Lanka were colonized by Portugal and the Netherlands beginning in the 16th century, before control of the entire country passed to Britain in 1815.