• Cheques should be crossed (A/C payee only) and should include the Card number. Eg. Pay LOLC Finance PLC, O/A card no xxxx xxxx xxxx xxxx.
• Third party cheques drawn in favour of the cardholder will not be accepted, unless they are made out as in the above example.
• Funds will be available in the credit card account subject to cheque realization. Please leave minimum of three working days and maximum of six working days for processing and clearing of cheques.
• Cash cheques and post-dated cheques will not be accepted for payments.
• Please allow minimum nine working days for payments to reach the account if cheque payments are made by post.
• All cheques sending through post should be addressed to “Manager - Credit Card Operations, No 438, Havelock Road, Colombo 05”.

The cardholder can avail himself of the Standing Instruction facility to debit his LOLC Finance savings account for settlement of the credit card bill. The Cardholder can choose a percentage between 5% - 100% of the statement balance to be debited on the due date.

REAL TIME credit will be given for standing order payments

Use LOLC REAL TIME to transfer funds from your LOLC Finance savings account to your credit card account free of charge.

REAL TIME credit will be given for cash payments done through LOLC REAL TIME App

The cardholder can transfer funds to the credit card account from the other bank’s savings/current accounts through CEFTS

REAL TIME credit will be given for CEFTS payments