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Friday, June 21, 2024

Amnesty to Deposit/Sell Foreign Currency in the Hands of the Public

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In order to attract foreign currency held with the public into the banking system, the Minister of Finance has issued an Order granting an amnesty period of 1 month effective from 15.08.2022 for persons in, or resident in, Sri Lanka who hold foreign currency notes in possession to:

i. Deposit into a Personal Foreign Currency Account or into a Business Foreign Currency Account as specified in the Order, as applicable; or

ii. Sell to an Authorized Dealer (Licensed Commercial Bank or National Savings Bank).

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