Indonesian Political, Business & Finance News

Banks operate joint ATM

| Source: JP

Banks operate joint ATM

JAKARTA (JP): Bank Bali, Lippobank and Bank Internasional
Indonesia have agreed to cooperate in using the electronic funds
transfer technology in the form of an affiliated ATM network with
an on-line system called ALTO, an executive said here yesterday.

PT Daya Network Lestari the company preparing the ALTO
network.

Sandy Hoo, president of PT Daya Network Lestari, said here
yesterday that the network will enable holders of the three
banks' ATM (automatic teller machine) cards to utilize 24-hour
services seven days a week at more than 180 of the banks' ATM
units.(hdj)

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