Commercial Bank presents Paymaster’s new EPF payment facility

The commercial Bank of Ceylon recently presented its latest facility for paying Employees’ Provident Fund (EPF) dues via ‘Paymaster,’ the bank’s the innovative electronic total payment solution, to a representative audience from the corporate sector.

A large number of customers of Commercial Bank who use the Paymaster solution and senior officials of the bank and the EPF Board were among those present at the Ceylon Continental Hotel for this event.

Presentations were made by Commercial Bank’s Senior Manager for e-Banking Pradeep Banduwansa and the Superintendent of the Employees’ Provident Fund, Rupa Dheerasinghe.

EPF payments can be made online 365 days of the year – even when payment counters are closed – via Paymaster and users of the facility also benefit from the ability to upload ‘C’/‘C3’ documents electronically, eliminating the need to write and deliver cheques and fill forms manually.