Inward Investment Account (IIA)

Benefits & Features
  • Accounts can be maintained in Sri Lanka Rupees and foreign currency
  • Accounts may be jointly opened with another eligible person
  • Debit Card facility (on local currency accounts for residents)
  • Special interest rates for IIA fixed deposits
  • Interest earned on foreign currency deposits
  • Competitive exchange rates
Eligibility
  • A non-national resident in or outside Sri Lanka
  • A non-national of Sri Lankan origin, who is a resident outside Sri Lanka
  • A Sri Lankan citizen, resident outside Sri Lanka.
  • Country and Regional Funds, Mutual Funds, Unit Trusts and other Institutional investors who are established outside Sri Lanka.
  • An administrator or executor of a deceased person, in the name of such deceased person who maintained an Inward Investment Account with that authorized dealer until the completion of the administration of the deceased person’s estate.
  • A receiver or liquidator of a Company that maintained an Inward Investment Account with that authorize dealer until proceedings are concluded.
  • Any other person or category of persons who may be authorized by the Central Bank from time to time.

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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