FIRST EVER BANK TO INSTALL ITS 150TH CDM

Bank of Ceylon (BOC) expanded its Cash Deposit Machine (CDM) network, becoming the largest CDM network provider in the country by opening its 150th CDM machine in Kochchikade on 6 November. With this installation, BOC’s total ATM/CDM network now counts over 930 machines that provide seamless banking transactions 24/7. As part of the bank’s continuous digitisation process to facilitate customers with banking to their convenience, BOC plans to expand its CDM network to every nook and corner of the country. These SmartZones will consist of ATMs, CDMs and online banking facilities, enabling customers to transact at any time they want through well secured and trusted digital systems.