ComBank launches 'Automated Banking Centre’

Left: Commercial Bank, Chief Operating Officer Jegan Durairatnam opens the Automated Banking Centre. Senior managers of the bank look on. Right: The new Automated Banking Centre.

The Commercial Bank (ComBank) has opened its first 24-hour Automated Banking Centre at the Ward Place branch to offer a range of services around the clock, every day of the year.

The ‘24-hour Automated Banking Centre’ offers opening of savings accounts and fixed deposits, access to online banking, settlement of credit card dues, and withdrawals through an ATM, and cash and cheque deposits.

Powered by a 24-hour, high-speed secure internet connection, the centre helps customers save time by filling the documentation for opening accounts and completing the process by visiting a Commercial Bank branch for verification and to pick up passbooks or other documents and make initial deposits.

Customers can also submit loan applications through the Automated Banking Centre at a later stage, a bank spokesman said.

“Automated branches offer more services than a standard ATM and drop box for deposits, and are widely used by busy people to minimise the time spent on banking transactions,” said Chief Operating Officer, Commercial Bank, Jegan Durairatnam.

“The Ward Place branch is popular with customers who do their banking on Saturdays, and this new facility will add further value to the convenience offered by the branch,” he said.