Terms & Conditions
Section 5 General Conditions
5.1 You agree to maintain minimum balances in the accounts as may be required by Bank from time to time.
5.2 Bank Charges – We may impose appropriate charges for this Service or for any additional functions provided under this service, as may be determined by us from time to time. The amounts deducted as charges for this service will communicated to you and will be available on our web site. Any modifications to charges shall be notified within (30) day’s notice to you.
You agree and undertakes to pay all charges imposed by the Bank for the Service.
5.3 We may suspend or modify any service provided to you under this service without notice where we consider it necessary or advisable to do so.
5.4 License – by giving you the right to use the Service, we are granting you a non-transferable and non-exclusive right to use the Internet Banking Service on terms and conditions described here and in the User Guide.
5.5 Termination – Either party may terminate this Service and this agreement on thirty (30) day’s notice to the other provided that the Bank shall be entitled to terminate this Agreement immediately in the event of a material breach of it by the Customer or upon closure of the Customer account (s) with the Bank. Upon such termination you are required to destroy all records of your User ID, and Passwords.
Section 6 Charges
Retail Customers
6.1 Annual maintenance fee – Rs.500 (Charged Bi annually in June & December)
6.2 USSD & SMS banking maintenance fee – Rs.200 per annum
6.3 Other Bank Fund Transfer fee – CEFT & SLIPS – Rs.50- per transfer
RTGS – Rs.1, 000- per transfer
6.4 Hardware Token for secure banking – Rs.1, 250- per devise charged once.
6.5 Pay On ID – Rs.20- per transaction
Corporate Customers
6.6 Annual Maintenance fee – Rs.1, 000 per Corporate with 4 users / every additional user Rs.200- per annum
6.7 Other Bank Fund Transfer fee – CEFT & SLIPS – Rs.50- per transfer
RTGS – Rs.1, 000- per transfer
6.8 Hardware Token for secure banking – Rs.1, 250- per devise charged once.
6.9 Pay On ID – Rs.20- per transaction
Password Mailing Fees
6.11. Within Sri Lanka (Local) Registered Post – Free Of Charge
6.12. Outside Sri Lanka (Overseas) Registered Post – Rs. 250
6.13. Outside Sri Lanka (Overseas) Courier – Rs. 2500