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)