⚓ Sampath Bank and SLPA Launch Sri Lanka’s First Real-Time USD Port Payment Solution

Sampath Bank PLC, in collaboration with the Sri Lanka Ports Authority (SLPA), has launched the country's first real-time USD payment solution for the maritime industry, automating traditional manual payment workflows. • The Solution: Powered by Sampath Bank's _FC Quick Connect_ platform, the system enables shipping lines, freight forwarders, and logistics providers to make instant USD payments directly to the SLPA. • Key Drivers: Developed in response to the SLPA's shift toward USD-based billing for selected port services, addressing the need for faster, high-volume foreign currency payment channels. • Economic Impact: The digital platform eliminates operational bottlenecks, improves cash flow efficiency, and boosts real-time transaction visibility. It is positioned as a strategic move to enhance the competitiveness of Sri Lanka's shipping & logistics ecosystem and strengthen its standing as a regional maritime hub. • Future Outlook: The platform establishes a scalable digital framework that can be expanded to other port operators and maritime service providers across the country.