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Commercial Bank of Ceylon PLC (CBC) also known as ComBank is a licensed commercial bank in Sri Lanka and its ownership is private. It was incorporated as a public limited company and it is listed on the Colombo Stock Exchange. It is regarded as the largest private bank in Sri Lanka in terms of net worth and capital. [2]
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In January 2016, Commercial Bank of Ceylon announced that for the first time in Sri Lanka's banking history that the users of the bank's online banking facility could make instant, real-time transfers of funds from their commercial bank accounts to accounts in other banks via LankaPay-CEFTS. [10]
Requires digital literacy. You don’t need to be a computer whiz to manage an online bank account, but you should be comfortable enough with the internet and phone apps to manage your banking online.
A subset of Commonwealth Bank staff were found to be fraudulently use the bank’s money, loose change, or their own money to illegitimately activate Youthsaver accounts for financial gain. According to The Sydney Morning Herald , "They would do so when parents had signed up their kids for school banking, often referred to as Dollarmites, but ...
You can open a high-yield savings account with most banks and credit unions, though you’re likely to find the highest rates with a digital or online bank. While some high-yield accounts require ...
Today’s best savings rates are at FDIC-insured digital banks and accounts offering yields of 5.36% APY and higher with a minimum $500 opening deposit at My Banking Direct and Western Alliance ...
A digital bank represents a virtual process that includes online banking, mobile banking, and beyond. As an end-to-end platform, digital banking must encompass the front end that consumers see, the back end that bankers see through their servers and admin control panels, and the middleware that connects these nodes.