Sampath Bank, SLPA launch real-time dollar payment system in maritime industry

ECONOMYNEXT – Sampath Bank and the Sri Lanka Ports Authority (SLPA) launched a real-time dollar payment solution for the maritime industry, the bank said, cutting traditional manual payment processes and streamlining foreign currency transactions across the shipping and logistics ecosystem. This helps shipping lines, freight forwarders, logistics providers and other port users to make instant dollar payments to the SLPA, with real-time settlement and automated notifications, the bank said. Powered by Sampath Bank’s FC Quick Connect platform, the payment solution integrates the bank’s transaction banking capabilities and digital infrastructure to deliver an end-to-end digital payment experience. “The solution delivers secure, real-time payment capabilities that enhance convenience, strengthen transparency and support the continued modernisation of port-related services,” Sanjaya Gunawardana, Managing Director/ Chief Executive Officer, Sampath Bank PLC, said. The Ports Authority uses USD-based billing for some services. “Digital transformation within the maritime sector is essential to strengthening Sri Lanka’s position as a regional logistics hub,” Dr. Parakrama Dissanayake, Advisor to the President on Maritime, Ports and Logistics said. “More than a banking solution, it is a strategic initiative that will enhance efficiency, effectiveness and competitiveness within Sri Lanka’s maritime sector.” The solution establishes a scalable framework that can be extended to other port operators and maritime service providers in the future, the bank said. Its implementation is expected to enhance customer experience, improve cash flow efficiency and support faster trade facilitation across the industry. (Colombo/Jun26/2026)