Mon, 12 Apr 2021 Today's Paper

Lankans can open, maintain accounts with banks abroad

4 January 2010 10:26 am - 0     - {{hitsCtrl.values.hits}}

A A A

The Central Bank (CB) says Sri Lankans will now be allowed to open and maintain accounts with banks abroad and invest in equity or short term debt instruments in overseas companies. The Bank website also said that foreigners can invest in rupee denominated debentures issued by local companies. Foreigners on tour or business in Sri Lanka can also open Sri Lanka Rupee accounts.

The Bank also said that as part of a relaxation in some regulations, listed companies can now list in foreign stock exchanges and certain foreign companies can open places of business in Sri Lanka.

The Bank further said that there will be an increase in the level of advance payments for

Imports, removal of the restrictions on pre-payment of import bills, removal of margin requirements on selected imports under advance payments and greater flexibility for forward contracts in foreign currency to cover current and capital transactions.
See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Justice Delayed is Justice Denied!

Two years after the Easter Sunday carnage people are left with false hopes an

Cinematic links between director Lester and actor Gamini

Sinhala cinema’s pioneering director Lester James Peries is the Sri Lankan

Difficult to forgive Easter Sunday bombers: Brother of tourists killed in Sri Lanka

This year marks two years since the deadly Easter Sunday attacks in Sri Lanka

All about the new variants of Covid-19

With the Sri Lankan government successfully completing the first phase of the

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.