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

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).

FULL TEXT

Published Date: 

Thursday, August 18, 2022