BOC links up with DRP online for customer identity verification

The Bank of Ceylon (BOC) is now strictly adhering with the customer identifying regulations requested by the Central Bank to ensure a healthy maintenance of the country’s financial system, its Deputy General Manager Sales and Channel Management Priyal Silva said.

The BOC has linked up in an MOU with the Department for Registration of Persons (DRP) through an online system to scrutinize the validity of identification of documents and obtain the validity of the customer national identification number (NIC) at the point of customer on boarding as and when required.

With the signing of the MoU, Bank of Ceylon will involve itself with the DRP’s road map for “Central Data base for Citizen Information”, he disclosed in a media release.

“Being a responsible Government Financial Institution, it is a responsibility of the Bank of Ceylon to align itself with other state institutions and join in the initiative of developing the country through the carefully planned digital road map laid by the Government, he added.

“The BOC identifies this initiative introduced by DRP as one such very important part of the overall development plan,” stated Mr. Silva.

This initiative will improve the process of obtaining accurate customer identification on time which is an essential requirement in undertaking banking transactions.

It will benefit the customer by ensuring banking transactions are met on a timely basis on proper identification of the customer.

This will enable the BOC to view data and images of documents related to the National Identity Card submitted by any customer with his or her consent.

This is an industry-wide solution formed in accordance with the requirements of the Central Bank and the BOC has been permitted to access the Web Based System developed by DRP for authentication and verification of the correctness of particulars of the NICs. (BS)