With a strong pledge to provide innovative banking solutions, Nations Trust Bank recently announced the tie up with Sri Lanka Institute of Information Technology(SLIIT). As part of the banks business integration strategy Nations Trust opened a Digital Self Service Center at the premises of SLIIT to cater to the 7,000 strong student population as well as the staff of SLIIT. This kiosk incorporates both cash withdrawal facilities as well as online cash deposit facilities through a Cash Deposit Machine (CDM).
The customized CDM enables students to pay their course fees and deposit late payments, thus providing SLIIT with a secure and efficient fee collection system. In addition, students with Nations Trust Bank accounts can now pay their course fees and and other payments by direct transfer to SLIIT via online banking, thereby eliminating the need to handle cash.
This will enable SLIIT to administer student fee collections in a much more efficient and convenient manner. Speaking at the opening of the digital kiosk CEO Renuka Fernando commented that the bank is focused on bringing “technology solutions that will help businesses to manage and administer their day to day collections and payment functions”. Nations Trust will bring further value to businesses by providing transactional data and information based on electronic transactions which businesses can use to make financial or business decisions .
The CEO further commented that they recognize that students at higher education institutes like SLIIT are the country's future especially taking into consideration the major initiatives undertaken by the Government of Sri Lanka to make the country digital and technology enabled.
Nations Trust considers these students as their next generation of upwardly mobile customers. The bank offers a full range of financial solutions to this customer segment through the banks digitally enabled channels. The banks philosophy of putting the customer at the heart of its dealings will continuously innovate solutions to meet their needs as they go through their lifecycles.
Fernando said “Nations Trust Bank firmly believes that technology will be a key component that will drive the future of the banking industry.
The bank continues to evolve by incorporating the latest digital trends in its operations, offering our customers cutting edge banking solutions and and unparalleled customer experience”
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