ComBank adds cross-currency transactions
Online banking :
The Commercial Bank of Ceylon has added a new dimension to its Online
Banking platform by enabling foreign currency account holders to carry
out fund transfers between accounts maintained in different currencies
other than Sri Lankan rupees.
"The versatility of our Online Banking facility continues to grow as
we look at maximising its potential to enhance convenience for our
customers," Commercial Bank's Chief Manager, e Banking, Pradeep
"Enabling cross currency transactions on the platform is a huge
advancement, and one that will be welcomed by an important customer
segment to which anytime-anywhere banking is of great value," he said.
These transactions can be carried out between accounts maintained
under a customers own name in eight major currencies including the US
Dollar, British Pound, Euro, Australian Dollar and Japanese Yen, the
Bank said. This facility would be available 24/7, 365 days of the year.
"Users of Commercial Bank's Online Banking portal already enjoy
access to an extensive range of services linked to their Rupee accounts.
Besides standard services, they can apply for Fixed Deposits,
Personal Loans and Housing Loans, invest in Treasury Bills and effect
payments for share trading," a bank spokesman said.
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, Education,Sports and Recreation and
Based on a leading technology framework, Commercial Bank's Online
Banking service offers exceptionally user-friendly menus, and benchmark
security and encryption features.