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).[1][2]
See also
- LankaPay