First Capital Implements Digital Onboarding for Unit Trusts & Govt Securities for first time in SL

Breaking barriers in the non-bank financial services space, First Capital introduces ’digital onboarding’ to facilitate non-face-to-face Account Opening for Unit Trusts and Government Securities clients for the first time in Sri Lanka. Together with the Stock Brokering arm that facilitate digital onboarding through the CSE Mobile App, the Company offers a fully integrated digital account opening process, mitigating the long trail of paperwork and physical meetings.

First Capital, a Janashakthi Group Company uses state-of-the-art video verification, abiding by the guidelines issued by the Financial Intelligence Unit of the Central Bank of Sri Lanka, directly accessing the database of the Department of Registration of Persons to verify customer national identity card (NIC) information, allowing individuals with a valid Sri Lankan NIC to open an account.

Clients can access account opening forms for Unit Trusts and Government Securities investments at www.firstcapital.lk, while accounts for the Stock Brokering arm can be opened through the CSE Mobile application (by selecting First Capital Equities as the preferred Stockbroker). Once the digital documentation has been submitted to the Company, customers can choose a convenient time for a video call with a First Capital representative for the verification process.