Pan Asia Bank has launched a new Current Account to coincide with its 25th anniversary. The new product invites customers to experience the difference of bearing no additional fees until December 31, 2021. “When customers open this Current Account they do not have to pay any charges other than inward cheque return charges. All other [...]

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Pan Asia Bank launches new Current Account

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Pan Asia Bank has launched a new Current Account to coincide with its 25th anniversary. The new product invites customers to experience the difference of bearing no additional fees until December 31, 2021.

“When customers open this Current Account they do not have to pay any charges other than inward cheque return charges. All other charges such as Internet banking, cash orders, cheque books, stop payment, balance inquiry, monthly service, monthly statement and outward cheque returns etc will be waived off. To be eligible for the promotion, customers must open the Current Account during the valid promotion period from September 1 to December 31, 2020 and enjoy benefits until December 31, 2021,” the bank said in a media release.

Commenting on the new product, Shiyan Perera – Assistant General Manager Retail Credit of Pan Asia Bank said, “We are thrilled to offer the most generous new Current Account in the market which promises to relieve customers from having to pay the usual fees and charges for as long as until December 31, 2021. This will deliver a saving for customers while demonstrating that Pan Asia Bank understands the difficulties they are facing due to the economic impact of COVID-19. Our gesture of waiving all these charges and fees (except inward cheque return charges if applicable) until December 31, 2021 provides much-needed relief to customers until such time that the economy rebounds.”

Individual Current Accounts will require an initial deposit of Rs. 5,000 while business Current Accounts require an initial deposit of Rs. 10,000.

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