Deposits

Demand Deposits 

  • Initial Deposit of USD 5,000/- or its equivalent in other designated currencies is accepted to open a Demand Deposit Account.  Payments will be made on written instructions as cheque books are not issued.
  • Minimum Deposit of USD 5,000/- or its equivalent in other designated currencies is accepted.

 

Inward outward remittances 

  • Outward remittances could be affected free from Exchange Control requirements.
  • Financing and Advisory Services 
  • Customers who require advices in Offshore Banking activities relating to Trade Finance, Fund Transfers and credit are given by the Officers specialized in respective areas.
  • How do I get an offshore bank account
  • To open an offshore bank account is quite simple and requirements that offshore banks set for their customers are quite standardized

 

Current account could be opened for

  • A company registered abroad
  • A company registered with Board of Investment (BOI) in Sri Lanka
  • Individuals 
  • Other Approved Institutions (Under the Approval of Controller of Exchange)

 

 

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