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HNB launches Dynamic Currency Conversion at ATMs

DCC offers real-time view of currency conversion for international card users:

by malinga
October 29, 2023 1:04 am 0 comment 413 views

HNB PLC launched the Dynamic Currency Conversion (DCC) feature at the unveiling of its 801st ATM at the iconic Doctor’s House restaurant in Madiha, Matara.

The new feature permits international Visa and Mastercard holders to withdraw Sri Lankan Rupees from HNB ATMs after viewing the exact amount that will get debited in their home currency.

HNB AGM, Digital Business Chammika Weerasinghe said, “HNB is proud to launch Dynamic Currency Conversion on our Smart Self-Service Machines (SSMs). The need of the hour is to provide international travellers with convenient value additions such as DCC.”

This is Sri Lanka’s first ATM DCC project that has been implemented within the nation without the involvement of a third party DCC service provider. A ground-breaking feature, the DCC facility permits international travellers to withdraw funds in Sri Lankan Rupees with a real-time view of the conversion from the currencies of their home country. This enables foreign cardholders to better understand the conversion of their home currency to the amount dispensed at the ATM, reducing losses from frequent exchange rate fluctuations.

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