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Foreign Currency and LKR Accounts For Non-Residents (PFCA,IIA,CTRA)

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Features
  • Personal Foreign Currency Accounts - PFCA

Seylan bank offers its PFCA account holders a unique value added rewarding scheme known as “Seylan Thilina Sayura” in addition to competitive interest rates.

Previously known accounts such as Non-Resident Foreign Currency Accounts (NRFCs) Resident Foreign Currency Accounts (RFCs), Resident Non Nationals’ Foreign Currency Accounts (RNNFCs) and Non-Resident Non-National Foreign Currency Accounts (NRNNFCs) have been classified by Central Bank of Sri Lanka as PFCA.

Features
  • Rupee Account for Non Residents - CTRA

Persons who are residing overseas can open Sri Lanka Rupee (LKR) accounts and operate whilst being overseas. These accounts could be opened to make payments in Sri Lanka, obtain foreign exchange for an emigrant under the migration allowance or to deposit sale proceeds of local assets including inherited properties. In order to carry out the above type of transactions Seylan Capital Transactions Rupee Accounts (CTRA) could be opened and operated subject to below terms.

Features
  • Inward Investment Account - IIA

Inward Investment Account (IIA) is a special account designated for eligible investor’s resident in or outside Sri Lanka to route funds to invest in the permitted investments