Commercial Bank of Ceylon, reinforcing its leadership in adopting advanced global financial technologies in Sri Lanka, has introduced PayPal-linked withdrawal functionality for eligible customers, allowing them to seamlessly transfer their international digital earnings directly into Commercial Bank accounts via ComBank Digital.
This integration enables Sri Lankan freelancers, digital entrepreneurs, and exporters to move funds from their PayPal balances to their local Commercial Bank accounts instantly, securely, and through a regulated banking channel using the ComBank Digital platform.
PayPal, one of the world’s leading online payment systems operating in nearly 200 markets, facilitates participation in the global digital economy, making this integration particularly valuable for customers engaged in cross-border digital services and online commerce.
The system operates through a secure, self-service email-based syncing process within ComBank Digital. Customers can link their PayPal accounts by matching the registered email address and date of birth used in both accounts, enabling fast authentication and seamless fund transfers. Eligible users can access the service directly through ComBank Digital, improving convenience and accessibility to global payment networks.
Commercial Bank Managing Director/CEO Sanath Manatunge stated that the initiative represents a key milestone in strengthening Sri Lanka’s connection to the global digital economy. He noted that freelancers and digital professionals have long faced challenges in repatriating earnings through secure banking channels, and that this integration helps streamline that process while supporting foreign currency inflows, financial transparency, and the country’s expanding digital workforce.
Commercial Bank has consistently led the introduction of digital payment innovations in Sri Lanka, previously launching solutions such as the Q+ Payment App, Tap-to-Pay acceptance systems, and Google Pay services, further solidifying its position as a pioneer in the nation’s digital banking sector.
SLICGL launches ‘SLICGL Digital’ App
Sri Lanka Insurance Corporation General Limited (SLICGL), the country’s No. 1 general insurer, has recently launched the ‘SLICGL Digital’ App. Backed by over 60 years of trusted, government-owned service, SLICGL combines institutional credibility with a modern digital experience.
Through the SLICGL Digital App, motor insurance services are now at customers’ fingertips. Users can access policy details, track claim status, renew policies, and view their motor insurance card, all through a single mobile platform. The app also enables users to download a digital insurance card, in line with new guidelines issued by the Insurance Regulatory Commission of Sri Lanka (IRCSL), effective from May 1.
This initiative is part of SLICGL’s broader digital transformation journey, aimed at delivering faster, smarter, and more convenient insurance solutions. By simplifying processes and enabling anytime, anywhere access, the SLICGL Digital App removes the need to contact a call centre. It addresses long-standing perceptions that insurance services are complex, time-consuming, and branch-dependent, positioning SLICGL as a modern, technology-driven insurer offering real convenience to vehicle owners, young professionals, and digitally active customers.
The launch of the app also follows the strong performance of SLICGL’s motor insurance segment in 2025, further strengthening its position as the undisputed leader in motor insurance and reinforcing its status as Sri Lanka’s No. 1 general insurer.
Commercial Bank Introduces PayPal-Linked Withdrawal Facility for Customers
