Harman Patil (Editor)

Sri Lanka Interbank Payment System

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Industry
  
Finance

Website
  
www.lankaclear.lk

Owner
  
LankaClear

Products
  
Financial services

Headquarters
  
Colombo, Sri Lanka

Sri Lanka Interbank Payment System httpsuploadwikimediaorgwikipediaen667SLI

The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR-only online interbank payment and fund transfer system in Sri Lanka.

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. SLIPS transfers are designed primarily for catering low-value payments up to LKR 5 million (equivalent to approximately USD 36,000).

References

Sri Lanka Interbank Payment System Wikipedia