Commercial Bank of Ceylon PLC

Commercial Bank of Ceylon PLC operates in Sri Lanka. The bank offers a wide range of financial services. These include retail, SME, corporate, Islamic, and investment banking solutions. It also provides advanced digital and technology services.

Personal and SME Banking

The bank offers several digital banking platforms. The ComBank ONE App uses AES-256 encrypted API calls. It also includes multi-module biometric authentication. ComBank E-Banking features 256-bit TLS session encryption. It supports OAuth2.0 token-based login. The ComBank Mobile App allows offline-capable transaction queueing. Device-binding occurs via HSM-generated keys. The CashTree ATM Network integrates via NDC protocol for inter-bank switching. It uses a real-time reconciliation engine.

Credit and debit cards are part of its offerings. The Visa Infinite Card has a contactless EMV dual-interface chip. It supports 3D Secure v2.1 protocol. World MasterCard features MasterCard SecureCode implementation. It includes Dynamic CVV (dCVV) tokenization. ComBank Titanium Credit Card uses ISO 8583 message format messaging. It has magnetic stripe fallback detection. ComBank Platinum Debit Card has an EMV Level-1 and Level-2 certified chip. It offers PIN-on-Mobile (PoM) capability. The ComBank Prepaid MasterCard allows virtual card issuance via API. It has a daily reload limit up to LKR 1,000,000. For loans, the SMART Loan uses an automated credit scoring via Fisher-Score algorithm. It supports API-driven loan disbursement. Deposit products include the ComBank Fixed Deposit Account. This account features a FIXML-compliant interest posting interface. It offers a sweep-in facility via RESTful APIs. ComBank Savings Account has a tiered interest calculation engine. It includes a standing instruction scheduler. For SMEs, the ACE SME Account allows MT940-format statement export. It supports bulk payments via ISO 20022 XML. The ACE Digital Loan integrates e-sign capabilities, which are eIDAS-compliant. It also provides real-time DSCR ratio calculation.

Corporate and Specialized Services

Commercial Bank supports corporate clients and trade. ComBank Trade offers SWIFT FIN messaging (MT103/MT202). It maintains an STP rate greater than 98%. The ComBank Trade Finance Portal supports SWIFT MT700/MT760 messaging. It facilitates L/C issuance via API with 24×7 uptime SLA. The Corporate Internet Banking system uses role-based access control (RBAC). It includes multi-factor SSO integration. The Cash Management Suite features a real-time liquidity dashboard. It offers automated sweep thresholds. Treasury Straight Through Processing (STP) uses FIX Protocol v5.0. It provides an automated net-settlement module. The Corporate Forex Portal supports FX-Streaming via WebSocket. It enables algorithmic order execution. Debt Capital Markets services include an ISIN issuance interface. It features a real-time bond valuation engine. ComBank Business VISA has contactless EMV with Visa payWave. It allows spend-control via API. The bank provides Supply Chain Finance. This product uses blockchain-backed invoice verification. It also features a dynamic discounting algorithm.

Islamic banking services are available. The ComBank Salaam Current Account has a Shariah-compliant murabaha engine. It handles profit-sharing calculations. ComBank Salaam Savings uses Wakala-based profit distribution. It includes a Zakat calculation module. Islamic Home Finance (Ijarah) provides Ijarah lease accounting per AAOIFI standards. It also offers early settlement recalculation. Investment services include ComBank Securities Trading. This service offers direct market access (DMA) FIX API. It provides real-time market data (RTAPI). The Mutual Fund Platform features a SIP scheduling engine. It performs NAV calculation per CIS-XML schema. Custodian Services use SWIFT MT564 reporting. They also support ISO 20022-compliant settlement instructions.

Digital Innovation and Infrastructure

The bank implements specific digital technologies. The CYPAY Gateway is PCI DSS v3.2 compliant. It features an in-house 3-tier fraud-scoring module. Commercial Bank's API Marketplace offers a RESTful endpoint catalog. It uses OAuth2.0 and JWT authentication. The BankinDroid Chatbot is NLP-powered for intent recognition. It provides end-to-end encrypted messaging. The bank utilizes its ComBank ONE multi-service mobile application as a unified channel. It also employs blockchain-backed Supply Chain Finance. These unique solutions underscore its technological capabilities.