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Non-Resident Foreign Currency Savings Accounts (NRFC) & Fixed Deposit Account



Who can open a NRFC Savings Account?

A NRFC account can be opened by:

    • Sri Lankan citizens employed overseas (you could open a NRFC Account within 90 days of your return to Sri Lanka)
    • Persons who were Sri Lankan by birth but presently hold foreign passports
    • Employees of Sri Lankan Airlines or Sri Lanka Shipping Lines earning salaries in foreign exchange
    • Foreign employment agencies with valid license issued by the Foreign Employment Bureau (SLBFE) and prior approval of the controller of exchange, Central Bank of Sri Lanka

What are the advantages of maintaining a NRFC Account?

NRFC Savings Account holders enjoy these benefits:

  • Tax free deposits in foreign currency
  • Tax free interest earned on foreign currency deposits
  • Free Millennium Shield Life Insurance Cover (terms and conditions apply)
  • Free Internet Banking (view your account, print your statements and more)
  • Profit by foreign exchange appreciation.

How can I open a NRFC Fixed Deposit Account?

  • All you have to do is give written instructions to your Customer Centre Manager to place a specific sum in Fixed Deposit for a specific period with disposal instructions for interest
  • Fixed Deposits can be opened for periods of 01 month, 03 months, 06 months or 12 months

For further assistance, contact:

Contact : Mr Dinesh Fernando
Executive - Foreign Currency Deposit Mobilization & Outward Remittances
Telephone : 00 94 11 2661996
Fax : 00 94 11 2662798
Email : dinesh.afernando@hnb.lk
For further assistance, contact

Mr Dinesh Fernando
Executive - Foreign Currency Deposit
Mobilization & Outward Remittances
Hatton National Bank PLC.
Head Office, HNB Towers,
479, T B Jayah Mawatha,
Colombo 10, Sri Lanka.
Tel      : +94 11 2661996
Fax     : +94 11 2662798
E-mail : dinesh.afernando@hnb.lk