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Commenting on the launch of the Flash Savings Account, Commercial Bank’s Managing DirectorMrJegan Durairatnam said: “Commercial Bank is proud to introduce this unique state-of-the-art Digital Bank account with features such as financial management tools never experienced by Sri Lankan banking customers.We are confident that this breakthrough product will appeal to millennials who are known to be active on social, mobile and digital media platforms and that it will revolutionise the traditional banking industry. The features of the Flash Digital Bank account will add value to their banking experience by making it much more convenient and personal, in keeping with our promise to introduce technology that matters in the lives of our customers.
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” In addition to these cutting-edge personal financial management tools, the Flash Digital Bank Account makes standard banking processes simpler and more seamless than ever before. Payments can now be made via QR codes to both individuals and merchants. NFC-based payments allow for simple tap-and-go spending where users do not wish to use cash.
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The Flash ATM/Debit card also allows for physical and virtual spending. Price sensitive users will also be able to avail themselves of location-specific marketing alerts, allowing them to make the most of offers and promotions in their location. For additional security, Flash users can also register their biometrics for even greater peace of mind. The only Sri Lankan bank to be ranked among the Top 1000 banks of the world for eight years consecutively, Commercial Bank operates a network of 261 branches and 775 ATMs in Sri Lanka. The Bank has won more than 30 international and local awards in 2016 and 2017 and 16 international awards in the first six months of 2018 from a number of local and international institutions and publications. Commercial Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets, Myanmar, where it has a Representative Office in Yangon, the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake and Italy, where the Bank operates its own money transfer service. (PRESS RELEASE)