The Commercial Bank of Ceylonhaslaunched Sri Lanka’s first fully-fledged digital bank account designed to be the next evolution in digital financial services and financial wellness. 

Branded ‘Flash’, the product was developed in partnership with Singapore-based company Kashmi which introduced an innovative social payments app in Singapore in 2016.

The bank said the Flash Digital Bank Account hopes to bring a simple, seamless banking experience to Sri Lankan users,wherever they are. Itoffers never-before-seen personal financial management tools that encourage, empower and embolden users to better engage with their finances, make wise choices about spending and saving and, in so doing, enrich their own financial wellness.

A prospective accountholdercan download the Flash app from the App Store or Play Store. This will open the world of financial services to a whole new base of customers that were otherwise unwilling or unable to engage with the traditional banking system. In this way, Commercial Bank and Kashmi are working together to promote financial inclusion across Sri Lanka.

Once signed up, accountholders can enjoy a range of services straight from their mobile phones – anytime, anywhere.