The vehicle will use satellite technology to enable customers to carry out the transactions online.

"The cost of each unit is approximately $143k and will be used to deliver Banco de Costa Rica (BCR) services to customers attending large events as well as provide special services to the bank's client companies and institutions with particular needs, thereby widening its commercial offering," reports La Prensa Libre.

Source: prensalibre.co.cr

More on this topic

Mobile Banking Project in El Salvador

June 2014

The draft law stipulates a maximum of $242 per movement and a cumulative amount up to $970 per month in transactions made via mobile devices.

The proposal by the Central Reserve Bank (BCR) seeks to "... regulate transactions through mobile devices. This financial service, to date, is only offered by Tigo Money for Tigo telephone customers."

Integration of Costa Rica to Regional Payment System

January 2014

It has been announced that from March Costa Rican banks will be able to allow their customers access to the Central Interconnected System of Payments.

From a press release by the Central Bank of Costa Rica:

A new service has been developed called 'Pagos al Exterior (PEX)' (Foreign Payments), which will allow individuals and legal persons resident in the country, to send and receive transfers of funds to and from accounts in a financial institution located in El Salvador, Guatemala, Honduras, Nicaragua and the Dominican Republic. The aim of the service is to provide a fast and secure technology platform for processing commercial payments and remittances in the region.

Non-banking Correspondents in Panama

May 2012

Non-banking companies have been allowed to provide financial services on behalf of established banks.

The preamble to the Agreement states that "the hiring out by banks of customer service networks for the provision of certain services and operations on its behalf, known as non-banking correspondents, has been an effective channel with which a greater depth of financial services has been reached, allowing banks to operate in places where they do not have branches or ATMs and reduce transaction costs without incurring excessive risk.”

Banco Nacional de Costa Rica introduces “Cashback”

May 2011

The bank aims to improve the efficiency of its services and reduce lines in its branches by extending its payment network, among other measures.

In addition to using debit cards to pay for public and private services in various stores, including supermarkets, customers of BNCR now have the ability to withdraw cash (cashback) in those outlets.