Bank of Ceylon Introduces a New Mobile Banking App, Revolutionizing Digital Banking in Sri Lanka

Bank of Ceylon (BOC) launched BOC Flex, its new mobile banking app, on March 21 at Lotus Tower Colombo, to provide customers with a more advanced and user-friendly digital banking experience. The event was attended by Chief Advisor to the President of Sri Lanka on Digital Economy Dr. Hans Wijayasuriya, BOC Chairman Kavinda de Zoysa, General Manager / CEO Russel Fonseka, and the Corporate and Executive Management of BOC. The new app introduces an expanded suite of features designed to offer greater convenience, security, and control over personal finances.

BOC Flex enables users to seamlessly access banking services anytime, anywhere, at their convenience. New users can self-register and log in securely using biometric authentication, and open Flex savings without being required to visit a bank branch. The App also allows customers to open BOC savings accounts and fixed deposits with renewal options, simplifying account management through a few quick steps.

For those seeking financial flexibility, BOC Flex offers instant loan services, allowing customers to obtain loans against fixed deposits directly through the platform. The App also supports one-to-one, multiple, and scheduled fund transfers, along with bill payment options to facilitate seamless transactions.

BOC Deputy General Manager (Products and Banking Development) Y A Jayathilaka stated, “This next generation app is designed to provide seamless, secure, and convenient banking experience at fingertips. We continue to evolve with technology to provide the benefits of tech revolution to our nation.”

Beyond usual banking services, BOC Flex is designed to offer a more personalized user experience. Customisable widgets and themes allow users to tailor their dashboard to suit their individual preferences, making navigation intuitive and convenient. Built-in financial tools, such as an expense tracker, payment reminders, and financial memos, help users stay on top of their spending and savings goals.

Bank of Ceylon recognises the growing importance of digital banking in meeting modern financial needs. With security at the forefront, the App incorporates the latest encryption and authentication measures, ensuring that all transactions and account activities remain protected.

BOC is confident that BOC Flex will provide a seamless transition for existing users while introducing enhanced features that cater to a wide range of banking needs. The App will soon be available for download on major app stores, ensuring accessibility for all customers.

Source: Bank of Ceylon

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