Central Bank EPF Payment
Employees Provident Fund (EPF) is established and operated under the Employees Provident Fund act No. 15 of 1958. According to the act it shall be the duty of every employer to pay the contribution monthly.
BOC e-Pay facilitates Bank of Ceylon Corporate customers to pay their monthly EPF contribution via Internet from the convenience of their home, offices or any other location, avoiding form filling and paper work once they are registered to this facility.
BOC e-Pay save resource and time of the Employers and direct debit from their BOC accounts eliminates the difficulties in payments.
Under this facility employers have to submit monthly 2 simple text files created according to the given format. Employers are free to use any computer system or any tool to create these files. This also leads to fewer errors as no form filling and no data entry.
Re-register with EPF Department of Central Bank before registering for this BOC e-Pay facility