Andhra Bank, Corp Bank to share ATMs

Andhra Bank has entered into an agreement with Corporation Bank to share ATMs. The arrangement, which will be operationalised shortly, will offer the customers of both the banks the facility of using the combined network of ATMs across the country.

According to a release, Corporation Bank has the second largest network of ATMs among the public sector banks. The bank has installed more than 600 inter-connected ATMs.

Corporation Bank had earlier entered into an ATM sharing agreement with Karnataka Bank, Dena Bank, IndusInd Bank, ING Vysya Bank, The Bank of Rajasthan, Allahabad Bank and Oriental Bank of Commerce, of which the arrangements with the first four banks are already operationalised.

Andhra Bank has so far entered into ATM sharing agreements with IDBI Bank, UTI Bank and ICICI Bank, of which the the first two were operationalised.