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Sri Lanka Interbank Payment System

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Sri Lanka Interbank Payment System (SLIPS)
IndustryFinance
Headquarters,
ProductsFinancial services

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 transfer are designed primarily for catering low-value payments up to LKR 5 million (equivalent to approximately USD 50,000).[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.