Sri Lanka Interbank Payment System Explained

Sri Lanka Interbank Payment System (SLIPS)
Industry:Finance
Location City:Colombo
Location Country:Sri Lanka
Products:Financial services
Owner:LankaClear (Pvt) Ltd

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. SLIPS transfers are designed primarily for catering low-value payments up to LKR 5 million (equivalent to approximately US$15,500).

Sri Lanka Interbank Payments - Bank Branch List[3]
Bank codeBank name
7010Bank of Ceylon
7038Standard Chartered
7047Citibank
7056Commercial Bank
7074Habib Bank Ltd
7083Hatton National Bank
7092HSBC
7108Indian Bank
7117Indian Overseas Bank
7135People's Bank
7144State Bank of India
7162Nations Trust Bank
7205Deutsche Bank
7214National Development Bank
7269MCB Bank Limited
7278Sampath Bank
7287Seylan Bank
7296Public Bank
7302Union Bank of Colombo
7311Pan Asia Banking Corporation
7384ICICI Bank
7454DFCC Vardhana Bank
7463Amana Bank
7472Axis Bank
7481Cargills Bank
7719National Savings Bank
7728Sanasa Development Bank
7737HDFC Bank
7746Citizen Development Business Finance PLC
7755Regional Development Bank
7764State Mortgage and Investment Bank
7773LB Finance
7782Senkadagala Finance
7807Commercial Leasing and Finance
7816Vallibel Finance
7825Central Finance
7834Kanrich Finance
7861Lanka Orix Finance
8004Central Bank of Sri Lanka

See also

Notes and References

  1. Web site: SL Interbank Payments / Overview. LankaClear. 3 August 2013.
  2. Web site: SLIPS Transfers - HSBC. HSBC Sri Lanka. 3 August 2013.
  3. Web site: Sri Lanka Interbank Payments - Bank Branch List. LankaClear. 7 February 2016.