Foreign Currency Fixed Deposit

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There are many reasons why you would need to invest your hard earned foreign currency earnings on a Fixed Term. Seylan Foreign Currency Fixed Deposits is the perfect answer to fulfill your future plans, whilst  earning a better return for your Investments.

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Benefits:

• Freedom to select your fixed term from 1,3,6,12 months.
• Enjoy Seylan Mega Reward benefits.
• Competitive and attractive Interest rates.
• Choose from 8 designated foreign currencies; USD, GBP, EUR, AUD, JPY, CHF, SGD, CAD
• Place or monitor your deposits from any part of the world via Internet and Mobile Banking.
• Maintain or remit funds on a selected currency or convert at a favorable exchange rate with us.
• Automatic renewal for the same tenor at the prevailing interest rate.
• Tax exemption for interest earned for deposits as per current regulations.

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Eligibility:

• Individuals and institutions earning in foreign currency
• Foreign institutional investors, mutual funds

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Minimum Deposit Values:

Currency	Domestic Units
U.S. Dollar (USD)	500.00
Sterling Pounds (GBP)	500.00
Euro ( EUR)	500.00
Australian Dollar (AUD)	500.00
Japanese Yen (JPY)	50,000.00
Swiss Franc (CHF)	500.00
Singapore Dollar (SGD)	500.00
Canadian Dollar (CAD)	500.00

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Documents Required:

• National Identity Card/ Passport 

Note : Any other documents pertaining to the matter will be requested by the bank, to ensure a better customer service in the future.