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Commercial Bank's Paymaster Demo attracts Corporates
Representatives of leading corporate institutions gained valuable insight into making ETF payments a hassle free online process at the latest awareness programme on Paymaster an electronic payment system offered by the Commercial Bank of Ceylon.
May 31, 2011 /Banking and Financial PR News/ -- Representatives of leading corporate institutions gained valuable insight into making ETF payments a hassle free online process at the latest awareness programme on 'Paymaster,' an electronic payment mechanism offered by the Commercial Bank of Ceylon.
More than 100 participants were given hands on experience on using the application at this workshop conducted at the Taj Samudra Hotel, Colombo recently. The range of benefits offered by the web based application was also demonstrated at the event. These include the minimisation of transaction time, costs and risks associated with the physical handing of money and the ability to make virtually any type of payment to multiple recipients by uploading a file to Commercial Bank's web platform.
Employees Trust Fund Board members including Chairman Mr. K. M. A. Godawatte, Additional General Manager Mr. M. C. H. Gunaratne, Deputy General Manager Mr. J. M. S. B. Udugama were present. Mrs. R. Dheerasinghe who is the Supirintendant of Employees Provident Fund Department also attended the workshop.
"These workshops have made it possible for our customers to keep abreast of the latest developments and get a comprehensive understanding of this unique facility," Commercial Bank's Deputy General Manager - Operations Sanath Bandaranayake said.
The highly secure Paymaster service enables virtually, instant transfer of funds between parties maintaining accounts at Commercial Bank. There are no limits to the number of transactions and any number of payments can be accommodated in a single file sent to Paymaster. The popularity of the facility has lead to its widespread use and more than 1300 corporate clients use it at present, the Bank said.
We are known as, the benchmark private sector bank in Sri Lanka. Over the years, we have with clear vision, set standards, created an identity and forged a unique trend in banking that has brought us recognition year after year.
Commercial Bank Ceylon
http://www.combank.net/newweb/personal
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