Financial Crime World

ComBank Revolutionizes KYC Process in Sri Lanka with Digital ‘Flash’ Accounts

ComBank, Sri Lanka’s leading commercial bank, has recently introduced an innovative Digital KYC (Know Your Customer) procedure for ‘Flash’ accounts. This new process is anticipated to streamline and expedite the account activation experience for customers.

Setting the Standard in Sri Lanka’s Banking Sector

ComBank, known for its commitment to technology and customer-centric solutions, is once again leading the way in Sri Lanka’s banking sector. The Digital KYC initiative aims to create a seamless experience for clients, providing them with quick access to financial services and products.

Advanced Online Identification System

The Digital KYC procedure includes an advanced online identification system that utilizes multiple data points to effectively verify customers. This cutting-edge technology, coupled with the convenience of an online platform, is expected to significantly reduce the processing time for account activation.

Key features of the Digital KYC procedure:

  • Advanced online identification system
  • Multiple data points for effective verification
  • Seamless online account activation process

Dedication to Technological Advancements

A ComBank spokesperson commented on the new initiative, stating, “Our priority at ComBank has always been to offer our customers the most innovative and efficient solutions. By introducing the Digital KYC procedure for our Flash accounts, we are not only ensuring a simpler and quicker account activation process but also reflecting our dedication to staying at the forefront of technological advancements in the industry.”

Continuous Efforts in Customer Service and Solutions

Beyond the Digital KYC procedure, ComBank offers a wide range of solutions designed to help individuals and businesses effectively manage their finances. Their comprehensive suite of offerings includes:

  • Personal banking: savings accounts, term deposits, current accounts, cards, and more
  • Commercial banking: a wide array of services for businesses

ComBank has continually demonstrated its commitment to providing unparalleled customer service and staying at the forefront of the digital landscape. By catering to the increasing demand for quick and convenient account opening processes, ComBank remains a trusted partner in financial matters for many in Sri Lanka.

About ComBank

As a leading commercial bank in Sri Lanka, ComBank offers a comprehensive range of innovative financial services and products tailored to individuals and businesses in the country. With an extensive branch network and digital platforms, ComBank provides a convenient and accessible banking experience while maintaining the highest standards of customer service and security.