DFCC Bank has been awarded the title of Best Cash Management Bank in Sri Lanka for 2026 by The Asian Banker, a recognition that highlights the Bank’s enhanced transaction banking services and its ongoing commitment to secure, digitally driven solutions. These advancements empower businesses with improved oversight and control over their financial activities.
This accolade underscores DFCC Bank’s dedication to streamlining payment and collection processes, automating reconciliation tasks, managing liquidity and working capital, and facilitating well-informed financial decisions for businesses.
At the heart of this offering is DFCC iConnect, an integrated platform designed for cash management and payments, catering to corporate, multinational, and small to medium-sized enterprises (SMEs). This platform allows organizations to oversee both domestic and international payments, payroll, supplier payments, collections, and account details within a secure digital framework.
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DFCC iConnect also features integration capabilities with enterprise resource planning systems, automated receipt identification and reconciliation, real-time account visibility, tailored reporting, multi-tier authorization, and mobile transaction approvals. Such functionalities enable finance and treasury departments to minimize manual tasks, enhance control, and adapt swiftly to evolving business needs.
Shamindra Marcelline, Deputy Chief Executive Officer of DFCC Bank, commented on the award, stating, “Being recognized as the Best Cash Management Bank in Sri Lanka is a significant acknowledgment of our commitment to addressing the real operational needs of businesses. The management of payments, collections, and liquidity is fundamental to daily organizational functions. Our objective is to streamline these processes, making them faster and more secure while providing our clients with the visibility and control necessary for informed decision-making. This recognition is a testament to the trust our clients have in us and the dedication of our teams.”
DFCC Bank’s cash management approach merges digital capabilities with transaction banking expertise and personalized service. This integration allows the Bank to comprehend the specific operational demands of various businesses and to create solutions that align with their transaction volumes, approval workflows, reporting requirements, and broader financial goals.
The Bank serves a diverse clientele, including large corporations, multinational firms, government agencies, and SMEs, acknowledging that businesses of different sizes have varying needs for functionality, integration, and support.
Ishani Palliyaguru, Senior Vice President and Head of Wholesale Banking at DFCC Bank, remarked, “Effective cash management ultimately ensures that businesses have a clear understanding of their financial position, can transfer funds securely, and utilize their resources efficiently. This goes beyond mere transaction processing; it also involves real-time visibility, automation, strong control measures, and solutions that align with each organization’s operational framework. We have continued to enhance these capabilities while collaborating closely with our clients to simplify their financial management processes.”
This recognition arrives at a time when businesses are increasingly focusing on digitizing their financial operations, enhancing working capital efficiency, and bolstering their adaptability in fluctuating economic environments.
DFCC Bank is poised to further enhance its transaction banking services by leveraging technology, data, and customer insights to assist businesses in boosting efficiency, reinforcing financial stability, and fostering growth.
Thimal Perera, Director and Chief Executive Officer of DFCC Bank PLC, is seen holding the award, alongside Manula Ekanayake, Assistant Vice President of Payments & Cash Management, and Ishani Palliyaguru, Senior Vice President and Head of Wholesale Banking & Trade, both from DFCC Bank PLC.
Source: Financial Chronicle Biz English | Sri Lanka Business News.
