Corporate customers of Commercial Bank’s Online Banking service, now enjoy several new benefits with the latest release offered via www.combank.lk
Thisincludesthe latest security enhancements for the benefit of the Bank’scorporate customers such as two layer login;secure image upload where a user canupload a favorite image in to the Online Banking portal so that it would be displayed when signing on,facilitating verification of the site prior to enteringapassword; and a virtual key board that gives the user the option to use an on screen key board to avoid stealing of passwords.
This latest release has many other value additions, the Bank said. It is capable of allowing single/dual or multi-level authorisation facility for payments,helping large companies to automate many of their payments. The system is also capable of applying payment limits according to the signature rules of various companies.Further, this system is also capable of allowing corporates to schedule their Bill Payments to be effected on a future date/actual due date.
Viewing images of deposited and presented cheques is also possible now for users of this facility. This is the first time a Bank in Sri Lanka has enabled its customers to view images of their deposited clearing cheques through an online banking platform.Registering of regular payment beneficiaries and executing payments to them 365 days of the year is also now possible.Submission of Letter of Credit applications with supporting document uploading too is possible. The Bank has also enabled a corporate administrator facility for companies to manage theirinternal user authorities as and when required, conveniently without having to contact the bank.
“The enhanced benefits in our new release will be greatly enjoyed and appreciated by ourcorporate customers, and re-iterate our commitment to customer convenience,” said Mrs. Marion Abeywardena, Deputy General Manager – Corporate Banking of Commercial Bank.
The personal version of Commercial Bank’s Online Banking service already enables customers to apply for Fixed Deposits, Personal Loans and Housing Loans, check balances of their current, savings, investment, loan, and credit card accounts, and to transfer funds between own accounts and to registered third parties who have Commercial Bank accounts, on a real-time basis around the clock.
The Online Banking service also supports bill payments to more than 36 entities in nine categories such as Telephone, Electricity, Water, Credit Cards, Insurance, Pay TV, Schools and Rates.
Based on Microsoft.net a leading technology framework, Commercial Bank’s Online Banking service offers exceptionally user-friendly menus, and benchmark security and encryption features.
The only Sri Lankan Bank to be listed four years consecutively in the world’s Top 1,000 Banks, Commercial Bank operates a network of 237 branches and 599 ATMs in Sri Lanka. Ranked the most valuable private sector brand in the country in 2014, the Bank has won multiple awards as Sri Lanka’s best bank over several years, and was adjudged one of the country’s 10 best corporate citizens by the Ceylon Chamber of Commerce in 2013. The Bank has been rated the Most Respected Bank in Sri Lanka by LMD for the past 10 years, has been the second Most Respected Corporate entity in the country overall for the past four years, and been rated No 1 for Honesty in 2013 and 2014 by the magazine.
