Personal Foreign Currency Account

Personal Foreign Currency Account (PFC) is a special account which can be opened in designated Foreign currencies with attractive interest rates and it enables you to remit your hard earned foreign currency to the motherland which could be invested in many attractive investment products. PFC Accounts can be opened with US Dollars, Sterling Pounds, Swiss Francs, Japanese Yen, Australian Dollars, Canadian Dollars, Hong Kong Dollars, Euros, Singapore Dollars, New Zealand Dollars, Chinese Yuan, Swedish Kroners, Norwegian Kroner and Danish kroner.

• Arrangements can be made for a member of your family or friend to operate this account on your behalf.
• You will receive the option of appointing a nominee, to whom the funds in the account are to be paid, in the event of death of the account holder.
• Standing orders are effected without any commission.
• You can switch from one currency to another at competitive exchange rates.
• You can apply for Sri Lanka rupee or foreign currency loans & advances at concessional rates which enables you to retain the foreign currency deposits intact.You will receive a special personalized service.

• An individual (including minors) who is a Sri Lankan national.
• An individual of Sri Lankan origin (including minors) 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 estates of a deceased person, who maintained a personal foreign currency account with that authorized dealer or restricted dealer until the completion of the administration of the deceased person’s estate.

• Residents overseas:
• Account mandate. / Know Your Customer (KYC) form. / Copy of work agreement. (If applicable)