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...Payment systems and instruments in sri lanka large value system retail real time gross settlement cheques interbank slips common electronic fund transfers ceft cards mobile payments internet banking postal transactions effected through volume rs bn rtgs main cheque clearing credit debit phone total launched replacing the based high cbsl is owner operator of currently there are participants commercial banks all primary dealers excluding bank dealer units employees provident largest superannuation central depository colombo stock exchange reasons for moving to less risk impact other event a failure participant during business hours get full control their own customers better liquidity management can efficiently manage growth increased public investor confidence due efficiency no physical money currency printing cost billion going call market settlements government securities transaction open operations lankan rupee leg foreign net obligations under operated by only house lankaclear pvt l...