What is it?
Rupee Accounts for Non-Resident Sri Lankan Investment is a special account to encourage Sri Lankan citizens residing outside Sri Lanka to remit their foreign exchange earnings for investment in Sri Lanka.

The account is to be maintained in Sri Lanka Rupees. Joint accounts are not permitted under this scheme.

Who is eligible to open an account?
- Sri Lankan citizens who are permanent residents of other countries.
- Sri Lankan citizens who have proceeded outside Sri Lanka for taking up employment or    setting up in a business or profession and continue to reside abroad.
- Account can be opened only with proceeds of foreign exchange received through a licensed    commercial bank as an Authorized Dealer to the credit of the person intending to open the    account.

Deposits:
- Proceeds of inward remittances made by the account holder through banking channels.
- Interest earned on funds lying to the credit of the account.
- Income derived from investments made by using funds in the RANSI account.
- Sale / liquidation proceeds of investments made out of funds in the RANSI account.

Debits:
- For capital funds required for making investment in securities such as shares, government    securities, debentures and units in unit trusts and other financial assets and real assets    including land and buildings.
- For outward remittances from funds lying to the credit of the RANSI account
- For any other local disbursements.
- Payment for investment out of funds in the RANSI account should be made by bank drafts   purchased out of funds in the account in favour of the person or body of persons to whom   payment is made in respect of the investment and the bank should maintain a record of such   payments made out of funds in the RANSI account.

What are the benefits?
- Ability to open & maintain account in Sri Lanka Rupees for investment purposes with a higher    return.