Commercial Bank to reward online bill payments

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The Commercial Bank of Ceylon has announced it will reward customers for usage of the Bank’s Online Banking facility with Rs 1.5 million in cash prizes over the next three months.

A total of 300 customers are to be drawn for these cash prizes from those who pay bills to the cumulative value of Rs 2,500 or more per month in September, October and November 2015, the Bank said.

To be eligible to win one of the 300 cash prizes of Rs 5,000 each, existing Online Banking users will be required to pay a minimum of three utility bills per month totalling Rs 2,500 or more.

The draws are to be conducted in October, November and December in respect of each preceding month, and the winners will have their prize money credited to their accounts.

For the purpose of this promotion, the designated bill payments are Telephone, Electricity, Water and Pay TV.

Commercial Bank’s Online Banking facility supports bill payments to more than 36 entities in nine categories such as Telephone, Electricity, Water, Credit Cards, Insurance, Pay TV, Schools and Rates.It also offers customers the ability to 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.

Additionally, Online Banking customers of Commercial Bank can apply for Fixed Deposits, Personal Loans and Housing Loans; invest in Treasury Bills and effect payments for share trading via this highly secure, sophisticated and user-friendly banking platform.

“Our Online Banking offering has become so comprehensive that most customer requirements can be fulfilled at the click of a few buttons,” said Mr Pradeep Banduwansa, Chief Manager e Banking at Commercial Bank. “The objective of this promotion is to encourage more people to experience its unparalleled convenience and explore the possibilities.”

Commercial Bank operates a network of 244 branches and 616 ATMs in Sri Lanka and is the country’s largest private bank. The only Sri Lankan bank to be ranked among the Top 1000 banks of the world for five consecutive years and ranked the most valuable private sector brand in the country in 2014, the Bank was adjudged the Best Bank in Sri Lanka by FinanceAsia and Euromoney in 2015. Commercial Bank has also won multiple awards as Sri Lanka’s best bank from other international publications over several years.

The Bank was adjudged one of Sri Lanka’s 10 best corporate citizens by the Ceylon Chamber of Commerce in 2013 and 2014, and has been rated the Most Respected Bank in Sri Lanka by LMD for the past 11 years. The Bank has also been the second Most Respected Corporate entity in the country overall for the past five years in the LMD rankings, and has been rated No. 1 in Sri Lanka for Honesty in 2013, 2014, and 2015. (Media Release)