‘Be Apped with B-App from BOC’

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By 2018-01-24

A press release announced that the Bank of Ceylon presents its mobile banking solution to resolve day-to-day banking needs at the touch of a button and helps to give more space to loved ones.

'B-App' allows customers to enjoy banking at their fingertips with an advanced and highly secured IT platform. It can be downloaded to any IOS or Android enabled mobile device through Google-Play or Apple App Store. Thereafter, the customer simply has to submit the 'B-App' application form to the nearest BOC branch and activate the account immediately.
The customer could then obtain the most secured mobile banking service that allows customers to manage daily transactions easily and instantly. These routine transactions include transferring funds to any account (own accounts, third party BOC accounts or other bank accounts), account inquiries, instant, scheduled and recurring utility bill payments.

Managing and monitoring assets and liabilities are also made easy with the mobile screen friendly interface. Customers can set up standing orders, check book requests and statement downloads without having to visit the branch. In case of an emergency customers themselves can issue "Stop payment" to cheques issued on current accounts immediately.

Since 'B-App' has a secured one-time password and self-unlock user ID that allows the user to 'self-unlock', to save time and enhance productivity. The customers can also add third party accounts and new billers as required without having to refer to the administrator. These features super charge one's life giving control over banking and empowering the application end-user; the customer, the release added.

BOC delivers value-added services to customers and understands that it has a prime duty towards the country's economic sustainability. Therefore, the Bank realizes that by providing these technologically aided banking services that adds convenience to the evolving lifestyle of Sri Lankans, it not only enables millions of BOC account holders to carry out banking transactions efficiently but promotes this technology to every nook and corner of the country. "With this technology we can penetrate further into the community and work towards a financially inclusive society.

We empower our customers to manage their finances efficiently and to reach their goals smoothly. Having a portal that enables the customer to interact with the bank by following simple instructions is a key feature in this application. So anyone with minimal knowledge of operating a smartphone can manage to get the maximum use from it", said DGM Product and Banking Development, M.J.P. Salgado.

Leading the Sri Lankan Banking industry with over 78 years of experience, the BOC has become the most stable and the trusted bank in the country that serves Sri Lankans from all walks of life helping them to build their lives and make themselves financially stable while improving the country's economy.

The Bank earned global recognition as one of the top 1,000 banks in the world, (Country rank No.1) as listed by 'The Banker Magazine' (UK). The Bank was the only Sri Lankan brand recognized as one of Asia's Best Brands in 2013 by the Chief Marketing Officer's Council (CMO Council) based in Mumbai, India. Brand Finance Lanka has ranked BOC as the No. 1 brand for the last nine consecutive years. It was also conferred the Master Brand status for the year 2017- 2018 by the CMO Council Asia and was called the No.1 brand in the country by InterBrand. The Bank has passed exceptional milestones in recent years such as becoming the first to gain over Rs1.8 trillion assets, over Rs one trillion deposits and over Rs one trillion advances.

Focusing on the Banks achievement, Fitch Rating Lanka ranked the Bank of Ceylon at AA+(lka) which is the highest rating awarded to a local commercial bank and ICRA (lk) awarded AAA rating which is the highest credit quality rating issued by ICRA Lanka.

BOC won the Merit Award for the Annual Report 2015 under State-Owned Enterprises category at the Excellence in Integrated Reporting Awards – 2016 conducted by the Institute of Certified Management Accountants of Sri Lanka. The Bank of Ceylon maintains international presence with three overseas branches and a subsidiary in London, the release concluded.

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