The Bank of Ceylon (BOC) has made a significant advancement in digital banking with the launch of its latest mobile application, BOC Flex. Designed to offer a seamless, secure, and user-friendly experience, the app empowers customers with greater control over their finances.
BOC unveiled BOC Flex on March 21 at Colombo’s iconic Lotus Tower, with notable attendees such as Dr. Hans Wijayasuriya, Chief Adviser to the President on Digital Economy, BOC Chairman Kavinda de Zoysa, and General Manager and CEO Russel Fonseka. The bank’s Corporate and Executive Management team also joined the event, highlighting BOC’s commitment to digital transformation.
The app revolutionizes banking by providing 24/7 access to a wide range of services. Customers can self-register, use biometric authentication, and even open a Flex savings account digitally—eliminating the need for branch visits. Additionally, the platform allows users to open standard savings accounts and fixed deposits with automated renewal features, streamlining the banking process.
A standout feature of BOC Flex is its instant loan facility, enabling customers to secure loans against fixed deposits in just a few clicks. The app also facilitates seamless financial transactions, including fund transfers (one-to-one, multiple, and scheduled), as well as bill payments, making everyday banking more convenient.
Y. A. Jayathilaka, BOC’s Deputy General Manager for Products and Banking Development, emphasized the bank’s focus on technological advancements, stating, “BOC Flex is a next-generation mobile app that ensures a secure and convenient banking experience. We are committed to evolving with technology to enhance financial accessibility for our customers.”
Beyond basic banking services, BOC Flex offers a personalized user experience. Customers can customize their dashboard with widgets and themes, enhancing ease of use. Additionally, built-in financial tools such as an expense tracker, payment reminders, and financial memos help users manage their budgets effectively.
Security remains a top priority, with the app incorporating advanced encryption and authentication protocols to safeguard transactions and account data. With these cutting-edge features, BOC aims to provide a seamless transition for existing users while catering to modern banking needs.
BOC Flex will soon be available for download on major app stores, ensuring accessibility for all customers seeking a smarter and more efficient banking experience.
