DFCC Bank Unveils iConnect 2.0: A Banking Platform Built for the Future of Business

DFCC Bank PLC has officially relaunched its flagship digital corporate banking platform, DFCC iConnect 2.0, reinforcing its commitment to delivering digitally advanced, client-centric solutions. Engineered for speed, security, and precision, iConnect 2.0 now includes TradeConnect, a robust trade finance module that fully integrates both cash management and trade services into a single, integrated platform.

Created in direct response to the evolving needs of Sri Lanka’s corporate and SME sectors, DFCC iConnect 2.0 goes beyond standard digital banking. It is a strategic enabler that helps clients simplify financial operations, gain greater control, and scale with confidence. By consolidating daily banking and complex trade workflows into a single, secure, and real-time interface, the platform empowers businesses to focus on growth while managing their finances with transparency and efficiency.

Sohantha Wijesingha, Senior Vice President – Head of Corporate Banking at DFCC Bank PLC, stated,

“At DFCC Bank, our approach to digital banking is built on the principles of service, simplicity, and trust. iConnect 2.0 has been reimagined to support our clients not only with advanced functionality but also with the flexibility and responsiveness they need to succeed. Whether through enterprise-level user controls, real-time mobile authorisations, or dedicated relationship support, every element of the platform is designed to reduce complexity and enhance the client experience.”

DFCC iConnect 2.0 delivers a comprehensive suite of enhancements that elevate the corporate banking experience. Features include multi-tiered approvals, group-level access, customisable alerts, real-time dashboards, and mobile transaction authorisations. Clients also benefit from a dedicated client service team, providing end-to-end support throughout the onboarding and operational journey.

The introduction of TradeConnect marks a significant leap forward for DFCC iConnect 2.0, transforming it into a truly end-to-end digital trade platform for businesses. It brings together a comprehensive suite of trade finance facilities—including Letters of Credit (LC), Import and Export Loans, and both Local and International Bank Guarantees—while supporting multiple payment terms such as Advance Payments, Open Accounts, Documents Against Payment (DP), and Documents Against Acceptance (DA). Each facility is designed with digital-first efficiency in mind, eliminating the need for hard copies and physical submissions. This not only reduces paper usage and administrative burden but also boosts speed and accuracy through reusable templates, digital debit advices, and convenient due-date tracking. SMEs benefit from rapid loan processing while corporates gain complete visibility and control through real-time dashboards and consolidated workflows. Whether it is the end-to-end process of a Letter of Credit, initiating payments, obtaining shipping guarantees or trade-related financing, DFCC iConnect 2.0 empowers users to handle complex trade transactions with fewer steps, faster turnaround, and significantly enhanced productivity.

More than a technology upgrade, DFCC iConnect 2.0 signals a more profound transformation in how DFCC Bank serves its clients—by blending high-performance digital solutions with a human-first service ethos. As part of the Bank’s ongoing digital transformation journey, the relaunch of iConnect 2.0 underscores DFCC’s commitment to delivering innovative, frictionless solutions that empower clients to do business better. 

About DFCC Bank

DFCC Bank PLC, established in 1955 and listed on the Colombo Stock Exchange since 1956, is one of Sri Lanka's leading financial institutions. In 2025, the Bank proudly celebrates 70 years of service, marking seven decades of innovation, resilience, and contribution to national development.

Regulated by the Central Bank of Sri Lanka and rated A (lka) by Fitch Ratings, DFCC Bank offers a comprehensive portfolio of retail, corporate, and SME banking services, along with treasury, investment, and trade finance solutions.

With customer-centricity and sustainable innovation at its core, DFCC Bank delivers secure and seamless banking experiences through digital platforms, including DFCC ONE, DFCC MySpace, online banking, and via a network of 138 branches, as well as access to over 5,500 ATMs through the LankaPay network.

A recognised leader in sustainable finance and renewable energy initiatives, DFCC Bank, remains firmly committed to reducing environmental impact and fostering long-term economic resilience.