Payment Facilities

Following approvals were granted to facilitate the public to access their funds:

04 June 2020: Validity period of cheques issued by Employees’ Provident Fund Department (EPF) of the Central Bank were extended to 30 June 2020.

15 May 2020: Validity period of cheques of value less than Rs. 500,000 were extended.

06 April 2020: Considering the government’s request, financial institutions were instructed to waive off fees charged from Senior citizens for cash withdrawals carried out through ATMs connected to the Common ATM Switch.

04 April 2020: Considering the difficulty of withdrawing cash from ATMs during this period, approval was granted to a LCB to provide door-step cash delivery services.

02 April 2020: Approval was granted to a remittance service provider to provide cash home-delivery services enabling disbursement of foreign remittances to be delivered to beneficiaries during the period.

In addition, approval was granted to several mobile application based payment products to operate subject to certain restrictions, in order to further facilitate digital transactions during the period with travel restrictions within the country.

Other

18.03.2020  Press Release    Measures Adopted by Central Bank of Sri Lanka during the Public Holiday Period Announced by the Government