NEWS & EVENTS
News & Events
LANKACLEAR EMERGES FIRST SRI LANKAN ENTITY TO BE PCI-DSS CERTIFIED

(L-R) Mr. Harsha Wanigatunga, Deputy General Manager – IT and Operations of LankaClear; Mr Channa de Silva, General Manager/CEO of LankaClear; Mr. Anil Amarasuriya, Chairman of LankaClear; Mr. Nitin Bhatnagar, Head - Business Development, SISA; Mr. Dileepa Lathsara, CEO of TechCERT; Mr. Nalinda Herath, Lead Security Engineer of TechCERT;...
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TARGET 2020: ENABLE 20% OF RETAIL PAYMENTS VIA JUSTPAY

In a bold effort to ensure Sri Lanka’s payments industry landscape continues to revolutionize and stay abreast with the latest global trends, LankaClear unveiled another groundbreaking initiative with an ambitious objective to drive 20% of retail payments via smart mobile devices by the year 2020. Making its debut recently, JustPay

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ICICI Bank Joins LankaPay Common ATM Network
ICICI Bank, India's largest private sector bank by consolidated total assets, recently joined ‘LankaPay Common ATM Network’, the national payment network that facilitates high quality electronic financial services at affordable prices in a secure, reliable and convenient manner to all in Sri Lanka. This marks a definitive step
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LankaClear wins Gold at the Annual Report Awards

LankaClear Pvt Ltd, the operator of LankaPay – Sri Lanka’s National Payment Network, swept the coveted Gold award at the 52nd Annual Report Awards held recently. Contesting under the SME Sector, LankaClear achieved numerous successes at the Annual Report Awards during the last five years, but reached the pinnacle this year by
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LANKACLEAR BAGS SILVER UNDER ICT SERVICES AT THE NATIONAL BUSINESS EXCELLENCE AWARDS

LankaClear Pvt Ltd, the operator of Sri Lanka’s National Payment Network – LankaPay demonstrated their commitment to business excellence by winning the coveted Silver Award under ICT Services Sector at the National Business Excellence Awards, held recently. Organized by the National Chamber of Commerce for the 13th consecutive...
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LANKAPAY TO REVOLUTIONIZE THE RETAIL PAYMENTS LANDSCAPE VIA JUSTPAY

 

LankaClear Pvt Ltd the operator of LankaPay – Sri Lanka’s National Payment Network in a ground breaking initiative recently launched JustPay, an initiative to facilitate Retail Payments via disruptive technology innovations. The launch was held under the patronage of Dr. Indrajit Coomaraswamy, Governor of the Central

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INTERVIEW WITH MR. CHANNA DE SILVA, GENERAL MANAGER / CEO, LANKACLEAR ON ART TV BUZROUNDUP ...
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HDFC BANK JOINS LANKAPAY COMMON ATM NETWORK

(L-R) Mr.D.V.Pathirana, Chief Finance Officer- HDFC Bank, Mr. S. Dissanayake Chief Operating Officer - HDFC Bank, Mr. W.M.A.Bandara, Chief Information Officer-HDFC Bank, Mr. Channa de Silva, General Manager/CEO – LankaClear Pvt Ltd; Mr. Isuru Jayaweera, Head of Bank Services - LankaClear Pvt Ltd; and Mr. Harsha Wanigatunge, DGM IT &...
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LANKACLEAR CONDUCTS A WORKSHOP FOR BANK STAFF IN THE MALDIVES

LankaClear Pvt Ltd recently conducted an awareness session for Officials of Maldives Monetary Authority (MMA) and commercial banks officers in The Maldives on its Cheque Imaging and Truncation System (CITS) and other electronic payments facilitated by the company under LankaPay – National Payment Network. Mr. Roshan Hettiarachchi
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DISRUPTIVE DEVELOPMENTS ON ELECTRONIC PAYMENT SYSTEMS TO BOOST CASHLESS TRANSACTIONS

The rising tide of real-time transactions reflects the growing consumer demand for convenience. This has resulted in numerous innovations and rolling out of disruptive payment technologies and infrastructure as we speak. This development is mainly driven by ubiquity of smartphones and other Internet of Things (IOT), which has catalysed the
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LANKAPAY SPONSORS THE 24TH NATIONAL EXPORTERS AWARDS

LankaPay – Sri Lanka’s Trusted National Payment Network for the first time came on board as a sponsor of the coveted National Exporters Awards.

A press briefing on the same was held recently at Hilton Colombo, where the sponsorship was formally awarded. Speaking at the event, Mr. Channa de Silva, General Manager/ CEO of...
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LANKACLEAR ACHIEVES THE HIGHEST EVER REVENUE GROWTH TO REACH 600MN

LankaClear (Private) Limited, the operator of Sri Lanka’s National Payment Network LankaPay, held its 14th Annual General Meeting on 30th June 2016 at the Galadari Hotel, Colombo.
Incorporated in 2002 under the guidance and approval of the Central Bank of Sri Lanka as the National Cheque Clearing House, LankaClear is owned by...
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KEY SUCCESS FACTORS OF ADOPTING ELECTRONIC PAYMENTS

If a country is to achieve the vision of financial inclusivity, such is the case in Sri Lanka, establishment and adoption of electronic modes of payment is of paramount importance. Financial inclusivity is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of the society, as opposed
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LANKACLEAR CELEBRATES A DECADE OF T+1 CHEQUE CLEARING

LankaClear (Pvt) Ltd., the company that operates LankaPay - the National Payment Network of Sri Lanka and functions under the supervision and guidance of the Central Bank, celebrated the 10th year anniversary of launching their revolutionary Cheque Imaging and Truncation System (CITS) recently. CITS handles all the domestic interbank rupee
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PAN ASIA BANK EXTENDS CUSTOMER REACH BY JOINING LANKAPAY COMMON ATM NETWORK

Pan Asia Banking Corporation extended its retail push by joining LankaPay - Common ATM Switch (CAS) in their continuing efforts to enhance customer service. With this newest addition of Pan Asia Bank, LankaPay – CAS which is by far the largest Common ATM Network in Sri Lanka has further strengthened its coverage by bringing the total
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SAMPATH BANK TAKES CUSTOMER CONVENIENCE TO NEWER HEIGHTS

Sampath Bank Joins LankaPay Common Electronic Fund Transfer Switch (CEFTS)

In keeping with the commitment of offering utmost convenience and benefits to customers, Sampath Bank joined the LankaPay Common Electronic Fund Transfer Switch (CEFTS) operated by LankaClear Pvt Ltd, which is a secure, instant and automated medium for electronic

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SEYLAN BANK CONTINUES CUSTOMER CONVENIENCE DRIVE

( The Picture shows (L-R). Mr. Harsha Wanigatunge, DGM IT & Operations of LankaClear pvt Ltd; Mr. Sampath Fernando –Chief Manager ITC of Seylan Bank PLC; Mr. Chanaka Goonewardene ,Deputy General Manager, ITC of Seylan Bank PLC; Mr. Nimal Tillekeratne, Senior DGM – Operation of Seylan Bank PLC; Mr Channa de Silva GM/CEO of...
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CDS Moves into Paperless Digital Settlements with LankaPay

All banks can now access digitalized settlement schedules securely through the CDS - DS3 online portal!
 
The Central Depository System (CDS) a fully owned subsidiary of the Colombo Stock Exchange (CSE) recently partnered with LankaPay, the national payment network, to provide a fully-fledged digital experience to its settlement banks
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HSBC SRI LANKA BECOMES THE FIRST FOREIGN BANK TO JOIN LANKAPAY - CEFTS

HSBC has become the first foreign bank to join the Common Electronic Fund Transfer Switch (CEFTS) launched by LankaPay, the national payment network operated by LankaClear (Pvt) Ltd. The system is launched under the guidance of the Central Bank of Sri Lanka to offer customers of its member banks the convenience and flexibility to make
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ICT INDUSTRY VETERAN CHANNA DE SILVA TAKES REINS AS CEO OF LANKACLEAR

Well known ICT industry veteran Channa de Silva took reins as the General Manager/ Chief Executive Officer of LankaClear recently with former General Manager/ CEO, Sunimal Weerasooriya moving away from the position following an illustrious eight year tenure.

Central Bank backed LankaClear functions as Sri Lanka’s national payment...
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LANKACLEAR CONTINUES TO TRIUMPH AT THE 51ST ANNUAL REPORT AWARDS






 




Sri Lanka’s national payment infrastructure provider, LankaClear (Pvt) Ltd was recognised with a Bronze Award at the coveted 51st Annual Report Awards held recently, adding another  to the many accolades gathered during the company’s 13 year journey.  Contesting under the SME Sector,...
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Interview with Lanka Clear ...
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LANKACLEAR CERTIFIED FOR HIGHEST STANDARDS ON INFORMATION SECURITY WITH ISO27001:2013 STANDARDS

 

The national payment network operator, LankaClear (Pvt) Ltd, has been certified ISO27001:2013 Information Security Management Systems compliant for process and assets of LANKASIGN Certification Service Provider.

LANKASIGN is the brand of LankaClear under which WEB & Digital Security services are offered to the market. As...
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REGIONAL DEVELOPMENT BANK JOINS “LANKAPAY”- SRI LANKA’S LARGEST COMMON ATM NETWORK

 


 


Joining Sri Lanka’s Largest Common ATM Network, The Government owned Premier Development Bank, The Regional Development Bank introduced yet another service which enables its customers to enjoy island wide access at over 2600 ATMs connected on the “LankaPay” network.

The “LankaPay”...
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LankaClear Records a 12% Revenue Growth – Surpasses the 500 mn threshold in FI 2014/15 Colombo, Friday 28th August 2015: The LankaPay national payment network operator, LankaClear (Private) Limited, held its Annual General Meeting on Friday,28th August 2015 at Kingsbury Hotel, Colombo.
  The national payment network operator recorded a 12% growth in revenue surpassing the Rs. 500 mn revenue threshold and recording a topline...
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HBL Connects Its Customers with LankaPay - Sri Lanka’s Largest Common ATM Network HBL achieves yet another milestone in bringing convenience to its customers by enabling them to access their HBL accounts to withdraw cash and check their account balance at any other bank ATM connected on the LankaPay network. 

The agreement being exchanged between Regional General Manager, HBL Sri Lanka & Maldives Arif M. Ali...
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Kanrich Finance Connects with Lanka Pay’s National Electronic Fund Transfer Network
LankaClear - DGMIT & Operations - Harsha Wanigatunga exchanges the LankaPay SLIPS agreement with Eranda Amal Godage - GM-Marketing KanrichFinance Ltd.Ravi Joseph - Chief Manager IT KanrichFinance ,Chathura  Kumarapperuma   - Manager Finance KanrichFinance,IsuruJayawera – Senior Manager Help Desk & Bank...
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VETERAN BANKER ANIL AMARASURIYA APPOINTED AS CHAIRMAN OF LANKACLEAR

Anil Amarasuriya, former Director/Chief Executive Officer of Union Bank & MD of Sampath Bank PLC has been appointed as Chairman of LankaClear (Pvt) Ltd with effect from  1st June  2015.

Amarasuriya’s immense contribution to the development of the financial services industry over three decades remains invaluable and...
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“LankaPay” Thrives with Consumer Confidence this Avurudu Season ! Processes Over 1Mn ATM Transactions to The Value of Rs. 5Bn ! 


Sri Lanka’s largest common ATM network – LankaPay, recorded a mammoth 3 fold growth in ATM transaction volumes and 4 fold growth in values within the first 15 days of the April Avurudu season. The national payment network operator recorded over 1Mn ATM
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CARGILLS BANK THE 1ST TO OFFER FREE CASH WITHDRAWALS ON “LANKAPAY”- SRI LANKA’S LARGEST COMMON ATM NETWORK





 

Joining Sri Lanka’s Largest Common ATM Network, Cargills Banks introduced yet another service which enables  its customers to  enjoy island wide access at over 2500 ATMs connected on the “LankaPay” network.  Cargills Bank has taken an innovative step in offering all its customers up

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LOFC Joins LankaPay’s Electronic Fund Transfer Network
Same-day fund transfers now enabled through all LOFC branches

Providing yet another value addition to its superior customer service, Lanka ORIX Finance PLC (LOFC) became the latest finance company to join the Sri Lanka Inter Bank Payment Systems (SLIPS) network  enablingsame-day financial transactionsbetween LOFC and all other
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LANKAPAY DELIVERS BRAND NEW SHOPPING EXPERIENCE THIS FESTIVE SEASON

Over 10Mn Transactions Processed to The Value of Over Rs.30Bn in 2014 !  

The national payment network operator connected Standard Charted Bank & Nations Trust Bank recently to its growing network of ATM’s taking the total count to over 2500 ATMs. LankaPay has processed over 10Mn transactions to the value of over Rs. 30Bn
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STANDARD CHARTERED CONNECTS WITH LANKAPAY

The agreement being exchanged between Sanjay Wijemanne - Head, Retail Clients, Standard Chartered and GM/CEO of Lanka Clear, Sunimal Weerasooriya. Others in the picture (from left to right ) Janaka Serasinghe - Chief Information Officer, Standard Chartered & Harsha Wanigatunga -
Deputy General Manager - IT & Operations,...
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“LANKAPAY” NATIONAL PAYMENT NETWORK OPERATOR BAGS TWO CONSECUTIVE AWARDS FOR NATIONAL BUSINESS EXCELLENCE

From Left :Mr. LakshmanLiyanage (Senior Manager - Projects), Mr. LakshmanPalliyaguruge (Head of Human Resources & Administration),Mr. DilanthaSamarasinghe (Senior Manager - IT),Mr. HarshaWanigatunga (Deputy General Manager - IT & Operations),Mr. SunimalWeerasooriya (General Manager / CEO) ,Mr. RasikaGalappaththy (Head of Finance),
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NATIONAL PAYMENT NETWORK OPERATOR, LANKACLEAR, WINS 4TH CONSECUTIVE ICASL ANNUAL REPORT AWARD

Colombo, Wednesday, 10th December 2014: Sri Lanka’s national payment infrastructure provider, LankaClear (Pvt) Limited won a Silver Award at the 2014 Annual Report Awards organized by the Institute of Chartered Accountants of Sri Lanka (ICASL). LankaClear was commended for excellence in reporting and adherence to globally accredited
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VALLIBEL FINANCE JOINS LANKAPAY’S NATIONAL ELECTRONIC FUND TRANSFER NETWORK
















Vallibel Finance, one of the country’s most progressive financial solutions service providers, is the latest entrant to Sri Lanka’s Interbank Payment System (SLIPS) operated by by LankaClear (Pvt) Ltd.
Customers transacting at all 23 Vallibel Finance branches island wide can now...
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'LankaClear' - The National Payment Network Operator Records Solid Growth in 2013/14 Colombo, Monday 1st September 2014: Sri Lanka’s nationalpayment infrastructure provider, LankaClear (Private) Limited, held its Annual General Meeting on Friday, 29th August 2014 at Hotel Galadari, Colombo. The Company, which is jointly owned by the Central Bank of Sri Lanka and all licensed commercial banks operating in the country,
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‘LANKAPAY’ ENHANCES DIGITAL TRANSACTION REACH CONNECTING CENTRAL FINANCE TO THE NATIONAL ELECTRONIC FUND TRANSFER NETWORK

Colombo, Friday 29th August 2014: Sri Lanka’s leading financial solutions service provider, Central Finance Company PLC (CF), joins the Sri Lanka Interbank Payment System (SLIPS) operated by LankaClear (Pvt) Ltd enabling its customers to enjoy greater service and convenience on electronic payments.   

With the...
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‘LANKAPAY’ TO POWER CYBER SECURITY SUMMIT 2014 AS THE OFFICIAL ELECTRONIC PAYMENTS PARTNER

‘LankaPay’ the national payment network operated by LankaClear yesterday announced its partnership with EC-Council Cyber Security Summit 2014 as the Official Electronic Payments Partner.

The summit, which is held for the second consecutive year on August 05 in Colombo, will comprise a Leadership Forum with CEOs of top...
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“Bank CSIRT” Hosted by LankaClear to Safeguard Banks and Financial Institutions from Cyber Attacks and On-line Financial Fraud

The importance of Information Security (IS) in the banking industry has grown exponentially over the past few years due to a combination of factors, namely regulatory requirements mandating information protection, the growth of electronic banking and the increasing number of individuals (employees, customers and third parties) with access
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COMMERCIAL BANK ADDS MUSCLE TO “LANKAPAY” SRI LANKA’S LARGEST COMMON ATM NETWORK

Common ATM Tally Crosses 2,300 ATMs

June 2014, Colombo –Sri Lanka’s largest common ATM network “LankaPay” strengthened its presence island wide with the advent of Commercial Bank of Ceylon on to its platform. Commercial Bank operates Sri Lanka’s single largest ATM network owned by a Bank, and through its

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NDB CUSTOMERS CAN NOW BENEFIT FROM “LANKAPAY” - SRI LANKA’S LARGEST COMMON ATM NETWORK
The agreement being exchanged between CEO of NDB Rajendra Theagarajah & GM/CEO Sunimal Weeroosuriya . Priyantha Kumara – Senior Software Engineer NDB , Sujeewa Dissanayake Vice President IT, Harsha Wanigatunga - Deputy General Manager IT & Operations LankaClear, Isuru Jayaweera - Senior Manager - Help Desk & Bank Services...
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COMMERCIAL LEASING & FINANCE PLC CONNECTS WITH THE NATIONAL INTERBANK ELECTRONIC FUND TRANSFER NETWORK IN SRI LANKA – LANKAPAY SLIPS
LankaClear GM /CEO Sunimal Weerasooriya exchanges the SLIPS agreement with Krishan Thilakaratne Director /CEO Commercial Leasing & Finance 
 
Commercial Leasing & Finance PLC (CLC) adds yet another value addition to its innovative product range. Customers of CLC have the distinct advantage of directly transferring
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FURTHER 400 PLUS ATMS ADDED TO THE NATIONAL COMMON ATM NETWORK, HNB CONNECTS WITH “LANKAPAY”
Hatton National Bank (HNB) joined the “LankaPay” network enabling its customers to transact at the lowest cost across 1,600 ATMs island wide. “LankaPay” network allows customers of one bank to transact using an ATM of another member bank at convenience and at a nominal fee for cash withdrawals and balance inquiries, and
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A LANKAPAY MEMBER TRANSACTS AT A SEYLAN BANK ATM
Seylan Bank Customers Connected to LankaPay - Sri Lanka’s Largest Common ATM Network.
 

All Banks and Financial Service Providers Urged to Join the Common ATM Switch.  Seylan Bank customers can now transact for the lowest cost at over 1,200 ATMs island wide, as the ‘Bank with a Heart’ becomes the first...
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GM / CEO EXPLAINS THE NATIONAL CONTRIBUTION OF LANKACLEAR TO BUSINESS WORLD OF RUPAVAHINI














Click the Image to View the Video...
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LANKACLEAR EMPOWERS SENKADAGALA FINANCE WITH ELECTRONIC FUND TRANSFER SOLUTION

Senkadagala Finance PLC is the newest participant of the Sri Lanka Interbank Payment System (SLIPS), joining hands with LankaClear – the national payment infrastructure solution provider. SLIPS is an Electronic Fund Transfer system which facilitates the movement of funds from one account to another without the necessity of

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LANKACLEAR CONTINUES WINNING WAYS – BAGS SILVER AWARD AT ICASL ANNUAL REPORT AWARDS

Sri Lanka’s national payment infrastructure provider, LankaClear (Pvt) Limited bagged a Silver Award at the 2013 Annual Report Awards hosted by the Institute of Chartered Accountants of Sri Lanka (ICASL) this week. LankaClear was commended for its excellence in reporting and adherence to globally accredited standards in the Small and
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LANKACLEAR BAGS TOP SECTOR AWARD FOR NATIONAL BUSINESS EXCELLENCE
Sri Lanka’s national payment infrastructure provider, LankaClear (Pvt) Limited was recognized for its business excellence in the Infrastructure & Utilities Sector with the Sector Award at the prestigious National Business Excellence Awards ceremony held in Colombo yesterday. The award serves as a testament to the significant strides
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LB Finance signs up with LankaClear to Become SLIPS participant LB Finance PLC, the company with the largest public deposit base among the non-bank financial institutions in Sri Lanka, recently entered into an agreement with LankaClear to become a participant of the Sri Lanka Interbank Payment System (SLIPS).
SLIPS, is an online interbank Electronic Fund Transfer (EFT) system which enables the movements of
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Union Bank becomes first private bank to join LankaPay Common ATM Switch Union Bank of Colombo PLC announced that the bank in partnership with LankaClear Ltd., in a groundbreaking technology initiative, approved by the Central Bank of Sri Lanka, has joined the LankaPay Common ATM Switch (CAS) as the first private bank, enhancing its reach and customer convenience to new heights in unison with an islandwide network of
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LankaClear's post tax profit grows 50% The 11th Annual General Meeting of LankaClear Ltd. was held on 30 August 2013 at the Galadari Hotel. Releasing its Annual Report for the financial year ended 31 March 2013, LankaClear stated that the company,s net revenue grew by 10% whilst its Profit After Tax (PAT) grew by 50% compared to the previous financial year. The company recorded net
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An Introduction to the Common Card and Payment Switch (CCAPS) and The LankaPay - Common ATM Switch (CAS) As our Nation endeavors to become the "Financial Hub of Asia", having a robust, efficient and secure payments infrastructure is of paramount importance. Further, having a sound payments infrastructure will facilitate the rapid economic growth and financial system stability. The Common Card and Payment Switch (CCAPS) acts as yet another
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LankaClear wins Bronze Award for its Annual Report
Sri Lanka's catalyst of the payment industry, LankaClear, was awarded Bronze for its Annual Report in the Service category. The recognition was made by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) at the 48th Annual Reports Awards Presentation, at a glittering ceremony held at the Water's Edge, Battaramulla on
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LankaClear Annual Sports Day 2012 LankaClear's Annual Sports Day organized by the LankaClear Employees' Welfare Association was held at the Millennium Information Technologies (MIT) grounds, Malabe on 13th October 2012, with the participation of LCPL employees and their families.

The sports day was filled with many events including an Inter-departmental Cricket...
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LankaClear's Profit After Tax Grows by 39% The 10th Annual General Meeting of LankaClear (Pvt) Ltd., was held on 30th August 2012 at the Hotel Galadari. Releasing its Annual Report for 2011/12, LankaClear stated that the company's net revenue grew by 12% whilst the profit after tax grew by 39% compared to the previous financial year. The theme of the Annual Report released was
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Lankaclear Rebrands To Create A New Era In The Payments Industry Since its inception in 2002, LankaClear, which is jointly owned by the Central Bank of Sri Lanka and the licensed commercial banks continuously improved its systems and processes keeping abreast with the advancing technology with the ultimate aim of passing the benefits of a more efficient payment system to the general public as well as to its
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LankaClear celebrates a decade of excellence Ten years in the life of an organisation is worth celebrating when there are achievements to boast about. On this basis LankaClear can indeed celebrate its 10th anniversary in grand style.

LankaClear, as the national payment infrastructure provider has done Sri Lanka proud by being ahead of even most western nations, when it comes to providing
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LankaClear signs deal with Just In Time Holdings for Common Card and Payment Switch LankaClear (Private) Limited, the national clearing house jointly owned by the Central Bank of Sri Lanka and the Licensed Commercial Banks in Sri Lanka recently entered into a contract with Just In Time Holdings, the country's leading systems integrator for the implementation of the Common Card And Payment Switch (CCAPS).
This will...
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LankaClear launched Online Bank Communication Module (BCM) for Sri Lanka Rupee Draft Clearing System LankaClear launched the new online BCM for the Rupee Draft Clearing System on 13th February 2012.

This BCM helps participating bank users to transfer Rupee Draft Clearing data files to LankaClear and they will be able to view online, the uploaded file information such as file name, size,...
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Mr. S. S. Ratnayake - appointed Director of LankaClear on 1st January 2012 Mr. S.S. Ratnayake, an Assistant Governor of the Central Bank of Sri Lanka, is an Alternate Director of Lanka Financial Services Bureau Ltd. and a member of the National Payments Council. Mr. Ratnayake commenced his career at Central Bank in 1983 and held the post of Director of Supervision of Non-Bank Institutions from 2007 - 2010 and the post of...
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Lankaclear Gains Recognition From The Institute Of Chartered Accountants Sri Lanka
The Annual Report of LankaClear for the year 2010/11, earned the recognition of the prestigious Institute of Chartered Accountants Sri Lanka (ICASL) at the Annual Report competition held this year. This, in fact, is the 2nd time that LankaClear earned this recognition.
This competition is conducted by ICSL to encourage excellence in reporting...
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Establishment of the Common Card and Payment Switch (CCAPS) As per the road map of the National Payment Council (NPC) and the decisions taken by the NPC, LankaClear (Pvt.) Ltd. (LCPL) has been entrusted to establish the Common Card and Payment Switch (CCAPS) in Sri Lanka. The Monetary Board of the Central Bank of Sri Lanka has approved the CCAPS as the national payment switch.

LCPL has already initiated
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LankaClear celebrates five years since launch of state-of-the-art CIT system LankaClear, Sri Lanka's national clearing house and the premier catalyst for facilitating the nation's payment systems infrastructure, celebrated an important milestone since its inception in 2OO2 as it marks five years since the launch of the state-of-the-art Cheque imaging and Truncation System - CITS.
Dedicated to enhancing the...
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LANKACLEAR IMPROVES 'SETTLEMENT CLEARING'Extends cheque deposit deadlines LankaClear, the National Clearing House of Sri Lanka has made arrangements for banks to extend their cheque deposit cut-off times from April to make cheque payments more convenient in the country.

As a result of upgrading IT infrastructure, LankaClear is now capable of extending the cheque submission time to 7:00 p.m. thus facilitating the
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