The attention of the Central Bank of Sri Lanka (CBSL) has been drawn to certain recent media reports which have claimed that Sri Lanka is at the verge of a sovereign default. The CBSL wishes to state that such claims are totally unsubstantiated and also regrets that these reports carry many obviously factual inaccuracies despite […]
The Central Bank of Sri Lanka (CBSL) is currently taking steps to increase the inflows of foreign remittances to Sri Lanka as well as encourage the use of formal remittance channels when sending remittances to the country. Accordingly, the Central Bank of Sri Lanka initiated a National Remittance Mobile Application branded as “Lanka Remit”. It […]
FriMi, the first fully-fledged digital bank in Sri Lanka powered by Nations Trust Bank PLC, continues its strong partnership with Mastercard Sri Lanka to make digital payments effortless by bringing the best lifestyle solutions to loyal customers. As part of the #MasterYourWorld campaign focused on improving digital payments across Sri Lanka, Mastercard has partnered up […]
FriMi, the first fully-fledged digital bank in Sri Lanka powered by Nations Trust Bank PLC, continues its strong partnership with Mastercard Sri Lanka to make digital payments effortless by bringing the best lifestyle solutions to loyal customers. As part of the #MasterYourWorld campaign focused on improving digital payments across Sri Lanka, Mastercard has partnered up.
Nations Trust Bank and the Department for Registration of Persons (DRP) recently signed a Memorandum of Understanding (MOU), enabling the Bank to digitally verify the customers’ identity through the information held by the DRP upon the consent of the customer. The progressive digital customer verification process will take away the cumbersome traditional Know Your Customer (KYC) process which includes ID card verification, face verification and document verification for proof of address. The signing took place on March 2nd 2021 with officials present from both parties including Mr. P Viyani Gunathilake, Commissioner General of the Department for Registration of Persons and Mr. Randil Boteju, Senior Vice President – Sales & Digital Banking of Nations Trust Bank. This new process will transform the Bank’s customer-centric approach to enhance the customer experience and provide a seamless digital banking service. With the recent push for digital solutions across the country, the