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Eligibility

  • An individual of Sri Lankan origin who is a resident outside Sri Lanka.
  • A non-national resident in or outside Sri Lanka.
  • A non-national either on temporary visit to Sri Lanka or intending to visit Sri Lanka.
  • A Company incorporated outside Sri Lanka.

Permitted Credits

  • Inward remittances infavour of 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 Lanka Rupees where such investment made through IIA.
  • Transfers from Personal Foreign Currency Accounts (PFCA), Inward Investment Accounts (IIA) or Offshore Banking accounts of the same account holder.
  • Transfers from Business Foreign Currency Account (BFCA) of a person resident in Sri Lanka as repayment of foreign currency loans.
  • Transfer from Diplomatic Foreign Currency Accounts (DFCA) 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 Foreign Exchange Act.

Permitted Debits

  • Disbursements in Sri Lanka.
  • Outward remittance favouring account holder.
  • Own account fund transfers to IIA, PFCA or Offshore Banking accounts.
  • Payments relating to capital transactions undertaken in Sri Lanka by persons resident outside Sri Lanka.
  • Transfers to a 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 (DFCA) and Diplomatic Rupee Accounts (DRA) of the same accountholder.

Key Benefits

  • 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 IIA

For detailed information contact nearest Sampath Bank Branch or Customer Care Centre.


Types of Accounts

Savings, (Including Money Market Rupee Savings),Current, Term Deposits


Related Accounts

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