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The '''Sri Lanka Interbank Payment System''', commonly known as '''SLIPS''', is a [[Sri Lankan Rupee|LKR]]-only online [[interbank network|interbank]] payment and fund transfer system in [[Sri Lanka]].<ref name=LankaClear>{{cite web|title=SL Interbank Payments / Overview|url=http://www.lankaclear.com/product_service/6-overview|publisher=LankaClear|accessdate=3 August 2013}}</ref><ref name=HSBC>{{cite web|title=SLIPS Transfers - HSBC|url=https://www.hsbc.lk/1/2/personal/other-services/sri-lanka-inter-bank-payment-system-slips-|publisher=HSBC Sri Lanka|accessdate=3 August 2013}}</ref>
The '''Sri Lanka Interbank Payment System''', commonly known as '''SLIPS''', is a [[Sri Lankan Rupee|LKR]]-only online [[interbank network|interbank]] payment and fund transfer system in [[Sri Lanka]].<ref name=LankaClear>{{cite web|title=SL Interbank Payments / Overview|url=http://www.lankaclear.com/product_service/6-overview|publisher=LankaClear|accessdate=3 August 2013}}</ref><ref name=HSBC>{{cite web|title=SLIPS Transfers - HSBC|url=https://www.hsbc.lk/1/2/personal/other-services/sri-lanka-inter-bank-payment-system-slips-|publisher=HSBC Sri Lanka|accessdate=3 August 2013}}</ref>


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 [[Sri Lankan Rupee|LKR]] 5 million (equivalent to approximately [[United States Dollar|USD]] 50,000).<ref name=LankaClear /><ref name=HSBC />
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 [[Sri Lankan Rupee|LKR]] 5 million (equivalent to approximately [[United States Dollar|USD]] 36,000).<ref name=LankaClear /><ref name=HSBC />
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Revision as of 16:07, 16 January 2016

Sri Lanka Interbank Payment System (SLIPS)
IndustryFinance
Headquarters,
ProductsFinancial services
OwnerLankaClear (Pvt) Ltd
Websitewww.lankaclear.lk

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 USD 36,000).[1][2]

See also

References

  1. ^ a b "SL Interbank Payments / Overview". LankaClear. Retrieved 3 August 2013.
  2. ^ a b "SLIPS Transfers - HSBC". HSBC Sri Lanka. Retrieved 3 August 2013.