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Overview

To commemorate the 33rd Anniversary of the bank, customers who open SFCPA during the promotional period will be eligible to enjoy a special interest rate of 3.00% p.a. for their savings account balance and an additional bonus interest of 33% on the base interest based on the average account balance. Accordingly, the maximum rate will be 3.99% p.a. (AER 4.05%)


Key Benefits

Key Benefits That Await You

  • Initially accounts will only be offered in USD.
  • Higher interest rate than conventional rates offered on foreign currency savings accounts.
  • Bonus interest for the average balance maintained in your account on base interest.

Eligibility

  • An individual who is a Sri Lankan National. 
  • An individual of Sri Lankan origin who is a resident outside Sri Lanka. 
  • A non-national resident in Sri Lanka. 
  • A non - national either on temporary visit to Sri Lanka or intending to visit Sri Lanka. 
  • A sole proprietorship or partnership registered in Sri Lanka where the proprietor or a majority of partners are resident in Sri Lanka (in case of a partnership with two partners, at least one partner shall be a resident in Sri Lanka). 
  • A company incorporated in Sri Lanka. 
  • A company incorporated outside Sri Lanka which is registered as an overseas company under the Companies Act No 7 of 2007. 
  • A State Institution with the recommendation of the Secretary to the relevant line Ministry or appropriate Authority. 
  • A person authorized to carry on business as a shipping agent or a general sale agent in Sri Lanka on behalf of a foreign shipping line or airline (foreign principal) with a valid license or authorized letter issued by the Director General of Merchant Shipping and Director General of Civil Aviation Authority of Sri Lanka respectively. 
  • Corporates and individuals who are eligible to open accounts at offshore banking units (FCBU) 
  • Minimum average balance of USD 1,000 shall be maintained in a quarter to obtain interest.

Terms and Conditions

Terms and conditions

  • Interest will be calculated accordance with following table

PFCA/ BFCA/ FCBU Individual / FCBU Business

Avg. Bal (USD) Base Int Rate Bonus Int. Rate on base interest Max Int Rate Condition on Withdrawals for bonus interest
Less than 999.99 0% 0% 0% No Withdrawal Restriction
1000 - 9,999.99 3% 0% 3% No Withdrawal Restriction
10,000 - 49,999.99 3% 33% 3.99% Max 1 Withdrawal Per Quarter
50,000 or above 3% 33% 3.99% No Withdrawal Restriction
  • Base Interest rate & Bonus Interest rate is offered during the promotional period and may subject to change 
  • Individuals shall be over 18 years of age to open Sampath FC Prime Accounts 
  • Other terms and conditions related to PFCA/BFCA/ FCBU shall be applied to accounts opened under this scheme 
  • Refer PFCA accounts for additional details on PFCA 
  • Refer BFCA Accounts for additional details on BFCA 
  • Refer Foreign Currency Banking Unit for additional details on FCBU related accounts

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