DFCC Bank has been named the Best Cash Management Bank in Sri Lanka for 2026 by The Asian Banker, recognising the Bank’s growing transaction banking capabilities and its continued investment in secure, digitally enabled solutions that give businesses greater visibility and control over their financial operations.
The recognition reflects DFCC Bank’s progress in helping businesses simplify payments and collections, automate reconciliation, manage liquidity and working capital, and make more informed financial decisions.
Central to this proposition is DFCC iConnect, the Bank’s integrated payments and cash management platform for corporate, multinational and SME customers. The platform enables businesses to manage local and international payments, payroll, supplier settlements, collections and account information through a secure digital environment.
DFCC iConnect also supports integration with enterprise resource planning systems, automated identification and reconciliation of receipts, real-time account visibility, customised reporting, multi-level authorisation and mobile transaction approval.
DFCC Bank Deputy Chief Executive Officer of Shamindra Marcelline said; “Being named the Best Cash Management Bank in Sri Lanka is an important recognition of the proposition we have built around the real operating needs of businesses. Payments, collections and liquidity are central to how an organisation functions every day. Our role is to make those processes simpler, faster and more secure, while giving customers the visibility and control they need to make sound decisions.”
DFCC Bank’s cash management proposition combines digital capability with transaction banking expertise and relationship-led service. This allows the Bank to understand the operational requirements of individual businesses and develop solutions suited to their transaction volumes, approval structures, reporting needs and wider financial objectives.
The Bank supports large corporates, multinational organisations, government institutions and SMEs, recognising that businesses of different sizes require different levels of functionality, integration and assistance.
DFCC Bank Senior Vice President and Head of Wholesale Banking Ishani Palliyaguru said; “Effective cash management is ultimately about helping a business know where its money is, move it securely and put it to work more efficiently. That requires more than processing transactions. It requires real-time visibility, automation, strong controls and solutions that connect with the way each organisation operates.”
The recognition comes as businesses place greater emphasis on digitising financial processes, improving working capital efficiency and strengthening their ability to operate through changing economic conditions.
Source: Daily News