23112024Sat
Last update:Wed, 20 Nov 2024

Extension of validity period of opening of Special Deposit Accounts (SDA) until 07 April 2022

centralbank logoThe Central Bank of Sri Lanka has extended the validity period Special Deposit Accounts (SDA) until 07 April 2022. SDAs can be opened as fixed deposits with Licensed Commercial Banks and National Savings Bank of Sri Lanka, by any Sri Lankan individual resident in or outside Sri Lanka, dual citizens, citizens of other states with Sri Lankan origin, non-nationals resident in or outside Sri Lanka, funds, corporate bodies, and associations incorporated/registered outside Sri Lanka and any other persons as permitted by Foreign Exchange Regulations. Banks offer SDAs attractive interest rates with additional 2 percentage points over normal foreign currency fixed deposits.

Be a part of national efforts to manage the challenges posed by the Covid-19 pandemic.

Further details are available on CBSL website through QR code.

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