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Our Products & Services: Remittances: Charges |
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Our Products & Services: Remittances: Charges |
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Our Fee & Transfer amount (for LKR accounts) |
Fees |
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Up to $1000 |
$10 |
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$1001 and more (no limit) |
$15 |
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Government taxes |
For withdrawals above Rs.20,000 per month from an account attracts a debit tax of 0.1%. |
If the interest income is over Rs.108,000 a year withholding tax is 10%. There are no taxes for NRFC accounts. |
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Account Holders (Limit and charges levied by bank) |
Non Account Holders, Pay on Id or Transfers to other banks |
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Peoples Bank
People's Bank Pay on ID is available only from designated branch.
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No limit in transfer amount Charges Credit to Accounts Rs 100
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No limit in transfer amount Charges Pay on ID Rs. 200 Up to Rs.100, 000 Rs.100 Rs.100, 001 upward Rs.200 + postage with 15% VAT |
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(Cheque encashable at any Peoples Bank branch will be delivered by one of two methods). Door-to-door Hand-to-hand |
Home delivery. Rs.200 Personal delivery. Rs.300 |
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Hatton National Bank. |
No limit to transfer amount No Charges
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We do not provide this service |
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Seylan Bank Standard Transfers Seylan Bank Pay on ID is available only from designated branch. |
No limit to transfer amount Account Holders and Non Account Holders
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Rs.50,000 or less Rs.200 Rs.50, 001 upward Rs.300
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Cash2Home (Home delivery) |
Rs.400 (up to Rs.100, 000) |
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Commercial Bank Commercial Bank Pay on ID is available only from any branch. |
No limit in transfer amount Charges Credit to Accounts Rs. 100.00
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No limit in transfer amount Charges Cash over the counter: Up to Rs..50,000 Rs. 150.00 Rs. 50,001-500,000 Rs.250.00 500,001 - Rs. 1 million Rs. 500/-
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Sampath Bank |
A maximum limit of Rs.500,000 per transfer on eBanking. Credit to Accounts Rs.125.00
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We do not provide this service |
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Bank of Ceylon (Not commenced yet) |
Credit to Accounts Rs. 100 Pay on ID Rs. 150 |
We do not provide this service |
| Crediting all Banks other than banks mentioned above is carried out via People's Bank | ||
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Our Fee & Transfer amount for NRFC and RFC accounts (Dollar Transfers) |
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Transfer amount |
Fees |
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$0 - $500 |
$10 |
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$501 – $2000 |
$15 |
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$2001 - $5,000 |
$ 25 |
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Bank Charges: Peoples Bank |
New NRFC account opening fee (any currency, any branch) |
$ 25 ( No local fee) |
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Bank Charges: Commercial, Sampath, Seylan Banks and HNB |
Maximum transfer $5,000 |
$ 25 (Commercial Bank charges an equivalent of Rs 100 in the designated currency. Other banks have no local fee) |
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To transfer money to NRFC accounts in other Banks Peoples Bank charges |
US $10 Urgent transfers Rs.1400 (Telex Charge) |
