Seylan Bank empowers businesses with online EPF payments

Tuesday, 27 November 2018 00:01 - - {{hitsCtrl.values.hits}}

Deputy General Manager, Operations Malik Wickramanayake exchanging the agreement with CBSL EPF Department Superintendent Nalani Malkanthi Bandara

Seylan Bank recently signed an agreement with the Central Bank of Sri Lanka to enable Small and Medium Enterprises (SMEs) and corporates to remit Employees’ Provident Fund (EPF) electronically through the bank’s corporate Internet Banking portal.

By utilising the Seylan Bank’s online platform, SMEs and corporates can now transfer their EPF payments real-time in a hassle-free manner. Furthermore, with Seylan Internet Banking, users can also enjoy the added convenience of being able to transfer EPF payments 24/7 365 days a year from any location.

“As the Bank with a heart we are always committed to providing the best in class banking solutions to both our retail and corporate customers. By offering our valued clients with this efficient online EPF payment solution, we are not only empowering them to evolve with the latest digital banking solutions but also reaffirming our commitment to becoming one of the most innovative digital banks in Sri Lanka,” Seylan Bank PLC Deputy General Manager, Head of Operations Malik Wickramanayake said.

Seylan Bank over the years has taken many initiatives to support SMEs and Start-ups by enabling them with financial inclusion and digital empowerment. The Bank has also conducted numerous initiatives such as promos and special programs for SMEs and other businesses to encourage them to embark on digital payment solutions.