Our Products & Services: Remittances: Charges

Our Fee & Transfer amount (for LKR accounts)

Fees

Up to $1000

$10

$1001 and more (no limit)

$15

Charges in Sri Lanka

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.

Bank Charges & Transfer amount

Peoples Bank

Account Holders

Non Account Holders or

Transfer to other banks

Up to        Rs.1000          No charge

Rs.1001 – Rs.10, 000      Rs.100

Rs.10, 001 upwards        Rs.200

Rs 10,000                          Rs.200

Rs.10, 001 - Rs.100, 000    Rs.400  

Rs.100, 001 upward           Rs.500   

+ Rs.22 for all   transactions to notify customer by   registered letter  

Fast Cash (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.400

Hatton National Bank.  

Account Holders only

No limit to transfer amount

 No local charges

Seylan Bank 

Standard Transfers

For Cash over the counter payments (non account holders) ID not required

Account Holders and Non Account Holders

Rs.50,000 or less    Rs.200

Rs.50, 001 upward    Rs.300

Cash2Home (Home delivery)

Rs.400 (up to Rs.100, 000)

Sampath Bank*

Rs.100,000 or less

No charges. Cash over the counter at any Branch or credited to Sampath Bank Account

Commercial Bank*

 Rs.100, 000 or less

No charges. Cash over the counter at any Branch or credited to Commercial Bank Account

The Finance Company*

 Rs.100, 000 or less

No charges. Cash over the counter at any Branch

Pan Asia Bank*

Rs.100, 000 or less 

No charges. Cash over the counter or credited to Pan Asia Bank Account  

Rs. 50,000 or less

Cash Home Delivery (Local fee Rs. 100 - 200)

Bank of Ceylon*

Rs. 100,000 or less

Cash over the counter at designated branch or credit account

National Savings Bank*

Rs. 100,000 or less

Credit Accounts only

Our Fee & Transfer amount for NRFC and RFC accounts (Dollar Transfers)

Transfer amount

Fees

$0 -       $500

$10

$501 – $2000

$15

$2001 and above 

 $25

Bank Charges:  Peoples Bank

New NRFC account opening fee (any currency, any branch)

$10

Bank Charges:  Sampath Bank

New USD NRFC account opening fee (Head office only)

$ 25

To transfer money to NRFC accounts in other Banks Peoples Bank charges

US$10

 urgent transfers Rs.1400 (Telex Charge)