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Bank of Ceylon

Bank of Ceylon (BOC) is a Sri Lankan bank that presents itself as the country's No. 1 bank, offering personal, digital and corporate trade banking services.

Last updated September 15, 2026

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Overview

Bank of Ceylon (BOC) is a Sri Lankan bank whose official site presents it as "The No. 1 Bank in Sri Lanka" and "SRI LANKA'S NO.1 BANKING APP". It offers a broad range of personal banking products including savings and current accounts, term and fixed deposits, investment plans, loans, leasing and cards, alongside digital services such as Flex Online Banking, SmartPay QR payments and the BOC Smart Passbook. For businesses it provides corporate trade services covering imports, exports and letters of credit, and describes itself as a state-run bank whose LCs are well-recognised and accepted globally.

History

Bank of Ceylon (BOC) operates as a Sri Lankan bank. Its official website presents it as "The No. 1 Bank in Sri Lanka" and highlights "SRI LANKA'S NO.1 BANKING APP", recognised at the Digital CX Awards 2026 by The Digital Banker. The bank offers personal banking products such as savings and current accounts, term and fixed deposits, investment plans, loans, leasing and cards, together with digital services including Flex Online Banking, SmartPay QR payments and the BOC Smart Passbook. For corporate clients it provides trade services covering imports, exports and letters of credit, and describes itself as a state-run bank whose LCs are well-recognised and accepted globally.

Products and positioning

Presents itself as "The No. 1 Bank in Sri Lanka" and "SRI LANKA'S NO.1 BANKING APP"; describes itself as a state-run bank whose LCs are well-recognised and accepted globally.

  • Flex Online Banking

    Online banking service referenced on the BOC homepage.

  • BOC Smart Passbook

    An electronic version of the traditional passbook / current account statement, allowing customers to download and check account balances and transaction details in real time, with self-registration using NIC and mobile number, balances and transaction details of the last 3 months, and a foreign remittances tracker.

  • SmartPay

    A low value transaction method to make payments by scanning 'LANKAQR' certified QR codes at any merchant location, using any savings or current account, enabling digital (cashless & cardless) payments.

  • Trade Services

    Corporate trade services covering imports, exports and letters of credit, including LC opening, packing credit loans, advising and negotiation of export LC bills.

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