ComBank launches ‘ComBank RemitPlus’ mobile app
View(s):The Commercial Bank of Ceylon has launched ‘ComBank RemitPlus’ – a remittance app to enable those who use the bank’s remittance services to conveniently access remittance-related information and services.
This app was launched to commemorate International Migrant Day which was celebrated on December 18. The mobile app which can be downloaded for both iOS and Android operating systems serves as an information app and connects both the remitter and the sender for interactions about the tracking of the remittance.
‘ComBank RemitPlus’ can also be used to check interest rates of deposits and foreign exchange rates, enables users to locate remittance partners, the closest Commercial Bank branch, and even Business Promotion Officers (BPOs) attached to the remittance services network, the bank said in a media release.
Furthermore, users can contact Commercial Bank via the app in addition to receiving information related to contact details of Sri Lankan diplomatic missions overseas, as well as details of promotions and offers relevant to this segment.
Commenting on the launch of the app, Commercial Bank’s Head of Digital Banking Unit Pradeep Banduwansa said: “In recent years, remittances from Sri Lankans employed overseas have exceeded earnings from tea and garment exports, and have helped offset some of the trade deficits. There are over 2 million Sri Lankans – almost 10 per cent of the population – employed overseas, and migrants’ remittances are one of the main sources of foreign exchange earnings and national income.
By providing all services related to remittances via this new app, the bank believes it can enhance the level of service offered to this important segment, and also attract more customers, thanks to its convenience.”
‘ComBank RemitPlus’ will also serve as a tool that encourages partners to remit via Commercial Bank due to the information and details provided to all stakeholders.
The bank said it is optimistic that this tool could be further enhanced to initiate remittances in the long run by partnering with a global player and integrating its systems to ‘ComBank RemitPlus.’
Remitters in the overseas market, beneficiaries in Sri Lanka, remittance partners, and all prospective clients can benefit from the ‘Remittance App,’ the bank said.