Central Bank of Sri Lanka introduces Sri Lanka Inter-bank Payment System (SLIPS) for individual and bulk payments to multiple parties up to Rs. 5 Million per Transaction on same day or any days up to 14 days as payment due. this service is available minimum fee of Rs.50 per individual transaction and Bulk transaction can be negotiated with your bank.
SLIPS introduce to make quick transection with great convenience and minimise use of currency.
This SLIPS has commenced operations in 1994 and was launched online in 2010 with 44 banks and financial institutions are currently connected. SLIPS has done successful transaction of 126.9mn amounting to Rs. 5,528 billion up to 2016 (since 2010).
Contact your commercial bank for more details or contact to Payments and Settlements Department of Central Bank of Sri Lanka 30, Janadhipathi Mawatha Colombo 01 on 011 2398596 or see below image