Capital Transactions Rupee Account (CTRA)

Benefits & Features
  • CTRAs can be opened and maintained in the form of current, saving or time deposit accounts in Sri Lanka Rupees
  • A cheque book shall not be issued against a CTRA current account
  • For releasing of migration allowance the customer should obtain approval of the Director-Department of Foreign Exchange when opening
  • A minor, who is an eligible person may open CTRA (Migrant Transfers). However, he/she is eligible for migrant transfers only after reaching the age of 18 years
  • CTRAs may be held as sole or jointly with another eligible person other than CTRA Migrant Transfers
  • Accounts cannot be opened and maintained CTRAs jointly with a Sri Lankan National resident outside Sri Lanka and Sri Lankan National resident in Sri Lanka
Eligibility
  • An individual Sri Lankan, permanently residing outside Sri Lanka
  • A Sri Lankan dual-citizen
  • A foreign national of Sri Lankan origin
  • A Non- National resident outside Sri Lanka
  • A Sri Lankan National resident outside Sri Lanka
  • Firms and companies registered outside Sri Lanka

Eligibility criteria pertaining to the Accounts set out below are as per prevailing foreign exchange regulations and may be subject to amendment from time to time.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

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