Paymaster
Paymaster is a revolutionary payment solution by Commercial Bank.
Our main aim is to relieve you of the burden and cost of large scale, repetitive but nonetheless highly important tasks of making various routine and other payments and so enable you to focus on your core business without worry.
The Essentials
Routine payments made easy in real time to Commercial Bank of Ceylon accounts.
Instant payment facility to Commercial Bank account and T+1 day payment to other bank account connected via BEFTN.
Automate payment of your employee’s salaries.
Ease of making payments to suppliers, dividends payments, medical reimbursements, and sales related payments such as sales commissions, incentives and more.
You can also carry out bulk utility payments, payment of building rent, and insurance premium.
Secure Log in with various level of authorization with OTP and email notification.
You can check the status of any transaction, from anywhere at any time by simply login into Commercial Bank Paymaster web based portal.
Use Paymaster and benefit from its security and convenience, without the usual hassle of paying with cash and cheques.
Benefits of using Paymaster
- Paymaster will eliminate the risk involved with transporting and manually packeting large amounts of cash.
- You can save time and resources spent on issuing, processing and posting of cheques or drafts and other payment orders.
- Benefit from the instant disbursement of payments.
- Reduces the overall transaction costs.
- Greater reach via the Core Banking computer linked banking network of Commercial Bank of Ceylon and also other banks by BEFTN in Bangladesh.
- Access to funds by Debit card at any Commercial Bank ATM or any VISA outlet.
Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.
Applying for Paymaster
All you have to do is collect a Paymaster application from any branch of Commercial Bank of Ceylon PLC or download one from this web site, complete and submit it to the branch where you maintain your account.
After your application is processed and registered, we will issue file creator to create payment information.
User ID and a password for the Paymaster log in will also be issued.
For details contact our e Banking Unit @ +880 2 9662720 during working hours or email : ebanking@combankbd.com
