Personal Foreign Currency Accounts (PFCA)

  • An individual including a minor who is a Sri Lankan national

  • An individual of Sri Lankan origin including a minor who is a resident outside Sri Lanka

  • A non-national resident in Sri Lanka

  • A Non-national either on temporary visit to Sri Lanka or intending to visit Sri Lanka

  • An Administrator or Executor of the estate of a deceased person, who maintained a personal foreign currency account with the bank until the completion of the administration of the deceased person’s estate

  • All existing NRFC, RFC, RNNFC, NRNNFA and FCAISPE (Employee Accounts) have been re-designated as Personal Foreign Currency Account.

  • Accounts may be opened and maintained in the form of saving, current or term deposit accounts in the Domestic Banking Unit in following designated foreign currencies.

Currency

US Dollar

USD

Sterling Pounds

GBP

Euro

EUR

Japanese Yen

JPY

Australian Dollar

AUD

Swiss Frank

CHF

Canadian Dollars

CAD

Singapore Dollars

SGD

New Zealand Dollar

NZD

Chinese Renminbi

CNY

  • A cheque book shall not be issued against a PFCA current account and shall not be overdrawn under any circumstance.

  • Joint accounts can be open with another eligible person. (Non-nationals either on temporary visit to Sri Lanka or intending to visit Sri Lanka are not eligible to open and maintain PFCAs as joint accounts with another eligible person)

  • The initial deposit and minimum balance requirements are not applicable for PFCA.

 

Eligible Persons

Information /Documents

  •  

An individual of Sri Lankan origin including a minor who is a resident outside Sri Lanka

  • Full name, nationality and foreign address

  • Passport number, date of issue and validity period

  • Date of departure from Sri Lanka

  • Citizenship or nature of visa granted by a foreign Government

  •  

A non-national resident in Sri Lanka

  • Full name, nationality and foreign address

  • Address of workplace in Sri Lanka and designation, if any

  • Copy of the employment contract and salary particulars

  • Copies of passport and visa granted by the Department of Immigration and Emigration

  •  

A non-national either on temporary visit to Sri Lanka or intending to visit Sri Lanka

  • Full name, nationality and foreign address

  • Copies of passport and visa pages

 


 

  • Free international visa debit card

  • Higher exchange rates when converting to rupees

  • No commissions for credit to accounts

  • e-banking facility

  • Instant loan facilities against PFCA balances