Personal Foreign Currency Account (PFCA)
Benefits & Features
- Any outward remittance
- Special interest rates for PFCA fixed deposits
- Interest earned on foreign currency deposits
- Competitive exchange rates
- Cash backed loan /overdraft facilities against foreign currency balance in PFCA accounts*
- Fund transfers between PFCA, BFCA or offshore Banking accounts*
*Subject to local regulations
- An individual including a minor who is a Sri Lankan national.
- An individual of Sri Lankan origin including a minor who is a resident outside Sri Lanka.
- A non-national resident in Sri Lanka.
- A Non-national either on temporary visit to Sri Lanka or intending to visit Sri Lanka.
- An administrator or executor of the estates of a deceased person, who maintained a personal foreign currency account with that authorized dealer or restricted dealer until the completion of the administration of the deceased person’s estate.
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.