Resident Foreign Currency (RFC) Accounts

Save money in Foreign Currency even you reside in Sri Lanka.
 

Designated Currencies  

RFC Accounts can be opened from following currencies.

US Dollar USD Euro EUR
Australian Dollar AUD Japanese Yen JPY
Singapore Dollars SGD Sterling Pounds GBP
Canadian Dollars CAD Chinese Renminbi CNY
New Zealand Dollar NZD Swiss Franc CHF

Eligibility to open an account

Any individual resident in Sri Lanka whether citizen or non- citizen, is eligible to open a RFC Account.

Initial Deposit

New accounts can be opened with US $ 100.00 or equivalent in any other designated currency by inward remittance or foreign currency notes.

Benefits we offer you

  • 100% protection on your investments
  • Attractive interest rates
  • No commission for Foreign Currency Inward Remittances at the receiving end.
  • Internet Banking Facilities through Sri Lanka's largest on-line banking network.

Documents we need

RFC Savings Accounts

  • Duly completed account opening application.
  • Copy of National Identity Card or Passport.

RFC Fixed Deposit Account

  • RFC Fixed Deposit should be routed through a RFC savings account.
  • A Separate fixed deposit mandate, duly completed and signed
  • Period of deposit- Deposits are accepted for following periods
    • One (1) Month
    • Three (3) Months
    • Six (6) Months
    • Twelve (12) Months

Minimum deposit amounts for fixed deposit

  • US Dollar accounts – USD 1000
  • Any other Currency – Equivalent of USD 1000