Accounts can be maintained in Sri Lanka Rupees and foreign currency.
Accounts may be jointly opened with another eligible person.
Sampath Vishwa banking facility.
Debit Card facility.
Existing SIA/SFIDA re-designated as an IIA
For detailed information contact the nearest Sampath Bank Branch or Customer Care Centre.
A Company incorporated outside Sri Lanka.
A partnership registered outside Sri Lanka.
Country funds, Regional Funds, Mutual Funds, Unit Trusts, Foreign Institutional Investors (FII) established outside Sri Lanka.
A receiver or liquidator of a company that maintained an IIA with the Bank
Inward remittances in favour of the account holder.
Foreign currency brought into Sri Lanka by the account holder upon declaration.
Sales proceeds of immovable property including capital gains, leasehold rights, sub-lease hold rights, received in Sri Lankan Rupees where such investments are made through the IIA.
Transfers from Personal Foreign Currency Accounts (PFCA), Inward Investment Accounts (IIA) or Offshore Banking accounts of the same account holder.
Transfers from a Business Foreign Currency Account (BFCA) of a person resident in Sri Lanka as repayment of foreign currency loans.
Transfers from Diplomatic Foreign Currency Accounts (DRA) and Diplomatic Rupee Account (DRA) of the same account holder.
Transfers from IIA of another person in respect of investments where such investment has been made by the account holder through the same IIA.
Dividend, sale or maturity proceeds, disposal of liquidation, capital redemption, share buyback, profits, surplus funds, rental income, recovery of principal, interest or any other related income received from capital transactions undertaken in Sri Lanka by persons resident outside Sri Lanka as permitted under the Foreign Exchange Act.
Disbursements in Sri Lanka.
Outward remittance favouring account holders.
Own account fund transfers to the IIA, PFCA or Offshore Banking accounts.
Payments relating to capital transactions undertaken in Sri Lanka by persons resident outside Sri Lanka.
Transfers to an IIA of another person in respect of the purchase of any permitted investment.
Disbursement relating to foreign currency loans to persons resident in Sri Lanka.
Transfer of proceeds of foreign currency loans to an Outward Investment Account (OIA) of the borrower where such loans have been obtained for financing an overseas capital transaction.
Transfers to Diplomatic Foreign Currency Accounts (DFA) and Diplomatic Rupee Accounts (DRA) of the same accountholder.