People's Bank-Special Deposit Accounts (SDA)

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1 Month	2 Months	3 Months
6 Months	12 Months (1Y)	24 Months (2Y)
9.00%	10.00%	--
36 Months (3Y)	48 Months (4Y)	60 Months (5Y)
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--	--	--
1 Month	2 Months	3 Months
6 Months	12 Months (1Y)	24 Months (2Y)
--	--	--
36 Months (3Y)	48 Months (4Y)	60 Months (5Y)
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Features

SDAs shall be opened and maintained only in the form of Fixed Deposits with tenure of six (06) months and twelve (12) months only.

Further, SDAs in the form of Savings Accounts can be opened as operational accounts only for the purpose of receiving funds to be placed in SDA Fixed Deposits, to repatriate funds lying in the SDA Fixed Deposits to the depositors, and for local disbursements.

Any other transactions shall not be permitted.

The SDA Savings Accounts must be closed at the time the SDA Fixed Deposit is closed.

SDAs shall be opened and maintained either in any designated foreign currency, (i.e. USD, GBP, EUR, AUD, CAD, SGD, JPY, HKD, NZD, CHF, SEK, DKK, NOK and CNY) or in Sri Lanka Rupees (LKR).

Freely convertible and repatriable outside Sri Lanka on the maturity of Fixed Deposits.

Eligibility

Sri Lankan individuals resident in or outside Sri Lanka.

Dual Citizens.

Citizens of other States with Sri Lankan origin.

Non-nationals resident in or outside Sri Lanka.

Funds, corporate bodies, associations incorporated/registered outside Sri Lanka.

Any other well-wishers.

Documents Needed

Full name, nationality, foreign & local address and contact details.

A copy of National Identity Card or Passport (photo and detailed page).

Account Opening Application.

FATCA Declaration.

Risk categorization.

Any other documents stipulated by the Bank from time to time.