Sampath Bank PLC and the Sri Lanka Ports Authority (SLPA) have jointly launched Sri Lanka’s first real-time USD payment solution for the maritime industry, introducing a landmark digital innovation that streamlines foreign currency transactions and eliminates traditional manual payment processes across the country’s shipping and logistics sector.
Powered by Sampath Bank’s FC Quick Connect platform, the solution enables shipping lines, freight forwarders, logistics providers and other port users to make instant USD payments to the SLPA. With real-time settlement and automated payment notifications, the platform enhances transaction speed, transparency and operational efficiency while improving the overall customer experience.
Developed in response to the Ports Authority’s transition to USD-based billing for selected services, the platform integrates Sampath Bank’s advanced transaction banking capabilities and digital infrastructure to deliver a seamless end-to-end payment experience. The solution replaces time-consuming manual procedures with instant settlement and real-time visibility for both customers and the SLPA.
Speaking at the launch, Sampath Bank Managing Director and Chief Executive Officer Sanjaya Gunawardana said the collaboration demonstrates how partnerships between private sector financial institutions and public sector organisations can remove operational bottlenecks and strengthen efficiency in strategically important sectors. He noted that the initiative reflects the Bank’s commitment to developing technology-driven financial solutions that support evolving industry needs and national economic priorities.
President’s Advisor on Maritime, Ports and Logistics Dr. Parakrama Dissanayake described the initiative as a significant milestone in the digital transformation of Sri Lanka’s maritime sector, noting that it would strengthen the country’s competitiveness as a regional logistics hub.
Beyond meeting current payment requirements, the scalable platform can be extended to other port operators and maritime service providers, supporting faster trade facilitation, improved cash flow management and the continued modernisation of Sri Lanka’s maritime and logistics ecosystem.
