Banks ATM Network and Customer Services
From Infogalactic: the planetary knowledge core
Banks ATM Network and Customer Services (BANCS) is an interbank network in India. It was launched on 25 February 2004, with 13 member banks. It is managed by an advisory board consisting of member banks.[1] It is successor to the now-defunct Swadhan ATM network.[2]
Member banks
- Bank of Maharashtra
- Bank of Bahrain & Kuwait
- Greater Bombay Co-op Bank
- Centurion Bank
- Central Bank of India
- UTI Bank
- Punjab & Sind Bank
- IDBI Bank Ltd
- Ratnakar Bank Ltd
- SBI Commercial & International Bank
- Cosmos Bank
- Air Corporation Employees Co-op Bank
- Saraswat Co-op Bank
Technology
BANCS is supported by the India Switch Company (ISC), acquired by eFunds in 2005, which in turn, was acquired by Fidelity National Information Services. ISC supports BANCS through a mix of VSATs, ISDN, leased lines, CDMA and GPRS. The financial switches used in the system are provided by Oasis Technology Ltd., Mumbai. The software used is from IBM, Solaris and Oracle.[1]
References
- ↑ 1.0 1.1 Banks ATM Network and Customer Services
- ↑ Banks ATM Network and Customer Services (BANCS). Lakshmi Vilas Bank.
