In line with its strategy to provide utmost convenience and superior customer experience, Pan Asia Bank is the first bank in Sri Lanka to integrate with the common interface of online payment platform LankaPay, through which its corporate customers can now make payments to Sri Lankan Customs and the Board of Investment (BOI) through Pan Asia Business Internet Banking.
Customers wishing to make payments at Sri Lankan Customs will no longer have to worry about going to other bank branches and obtaining payment orders. Instead, by simply logging into Pan Asia Business’s online banking service, they can now make their Sri Lankan customs payments at a nominal and fixed transaction fee of Rs 50, regardless of the value of the Sri Lankan customs payment. -lankan.
The system supports Sri Lanka Customs payments worth up to Rs 9 billion through a single transaction. This innovation provides a convenient, cost effective and efficient option for taxpayers. The same system procedure will apply to payments made to the BOI for which customers can make payments up to Rs 50 million in a single transaction.
Facilitated through LankaPay Common Electronic Fund Transfer Switch (CEFTS), these payments will be credited in real time 24X7x365. The system provides its participants with the required payment confirmation details in real time.