| Recovery Method | LKR Account (Rs.) |
Foreign Currency Accounts (USD) |
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Foreign Currency Notes |
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| Sales Commission (“Issuing”) | |||||
| Foreign Currency Notes - total value BFCA/DFA/IIA/RGFCA/OIA | Auto | 2% subject to min. commission of Rs. 500/- | 2% subject to min. commission equivalent to Rs. 500/-. | ||
| Migration purpose - Documentary charges | Manual | Rs. 2,500/- | USD 25/- | ||
| Foreign Currency Notes - total value - PFCA |
Auto (Charge Event ID should be deleted in HORM) |
- | No Commission* | ||
Foreign Currency Accounts (Excluding FCBU) |
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| Account Maintenance | |||||
| Dormant with monthly average balance below USD 25- (Excluding accounts maintaining Foreign currency FDs or other FC accounts) | Auto | USD 5-p.m. | |||
| Transfers | |||||
| Manual Rupee & Foreign Currency Transfers | Auto | Equivalent to Rs. 150- | |||
| Closure | |||||
| Closure Foreign Currency account | Manual | USD 10/- or equivalent | |||
INWARD REMITTANCES |
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Telegraphic Transfers- Inward |
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| Telegraphic Transfer | |||||
| Handling Charges related to LKR/Foreign Accounts - BFCA/DFA/IIA /RGFCA/OIA | Auto | Rs. 400/- | USD 5.00 or equivalent | ||
| Handling charges related to FCBU accounts | Auto | - | USD 7.00 | ||
| Handling charges - Repair | Manual | Rs. 300/- | Equivalent to Rs. 300/- | ||
| Charges to revert to a remitting bank on discrepancies | Manual | Rs.1,000/- to Rs. 1,500/- | USD 6/- to USD 10/- or equivalent | ||
| Handling charges - PFCA | Auto | - | PFCA - No charges | ||
| Cancellation of a remittance and return of funds to originating bank | Manual | USD 25/- equivalent | USD 25/- or equivalent | ||
| Sent to other banks Rs-SLIPS/ SWIFT | Rs. 100/- | USD 25 (or as per agreements with other Correspondent Banks) | |||
| Inquiries | Rs.1,000/- | USD 5/- | |||
Foreign Bank Cheques/Draft Purchase – Drawn on Overseas Bank |
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| Foreign Bank Cheques/Draft-Purchase | |||||
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Purchase of Bank Drafts Drawn in Foreign Currency on Overseas Bank
Additional Charges: Foreign Bank Charges on Cash Letter Services (Other Currencies refer Operations/FI Dept.) |
Auto |
Rs. 500/- Rs. 750/- Rs. 1,750/- Rs. 2,750/- Rs. 5,250/- Rs. 7,750/-
USD 10/ GBP 2- SGD 2- |
0.25% Subject to minimum commission of USD 10/- USD 10/ GBP 2- SGD 2- |
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| Instruments purchased returned unpaid (In addition Foreign Bank charges if any to be recovered from the customer) | Manual | Rs. 500/- | USD 5/- | ||
Cheques / Drafts sent for collection - Drawn on Overseas Bank |
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| Foreign Bank Cheques/Draft Sent on collection | |||||
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Cash Letter Service (USD, GBP, EURO, AUD, CAD)
Foreign Bank Charges on Cash Letter Services (Other Currencies refer Operations/FI Dept.) |
Auto
Manual |
Rs. 2,000/-
USD 10/ GBP 2- SGD 2- |
Rs.2,000/(equivalent if FC)
USD 10/ GBP 2- SGD 2- |
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Clean collection (PLUS Foreign Bank Charges will be deducted on realization)
Courier charge |
Auto
Manual |
Rs. 1,000/-
Rs. 2,000/- |
USD 10/-
USD 15/- |
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| Collection returned | Manual | Rs. 500/- | USD 5/- | ||
| (In addition, Foreign Bank charges if any to be recovered from the customer) | |||||
Foreign Bank Cheques/Draft Purchase – Drawn on Local Bank in Sri Lanka |
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| USD Local Clearing - Purchase | |||||
| Purchase of Drafts drawn on other local banks in Sri Lanka | Auto | 0.25% Minimum Rs.250/Maximum Rs.1,000- | 0.25% subject to Minimum commission of USD 10/- | ||
Foreign Bank Cheques/Draft Purchase/Encashment – Drawn on HNB |
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| Purchase | |||||
| For HNB Account Holders | Nil | Nil | |||
| Encashment | |||||
| Payment of cash over the counters for non-customers | Manual | Rs. 500/- | Nil | ||
Cheques / Drafts sent for collection - Drawn on Local Banks in Sri Lanka |
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| USD Local Clearing - Collection | |||||
| Commission Drafts drawn on other local banks in Sri Lanka | Auto | Rs. 500/- per instrument | 0.125% (Min -USD 5- & Max. USD 25) | ||
| Drafts drawn by branches on International Division in US$ Currency | Nil | Nil | |||
Outward Remittances |
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Telegraphic Transfers - Outward (Non Commercial Transactions) |
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| Telegraphic Transfer | |||||
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- Commission (Swift Included) - In the event foreign bank charges are to be borne by the remitter
#In the event foreign bank charges are to be borne by the remitter (tagged as “OUR” in field 71A in the SWIFT 103) Additional USD 15/- or equivalent levied as Foreign Bank Charge. |
Auto/Manual
Auto/Manual |
Rs 3,500- [for education & other purposes]
# + USD 15/-
|
USD 35-
# + USD 15/-
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| Telegraphic Transfer | |||||
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Cancellation refund or amendments plus SWIFT |
Manual Manual |
Rs. 1,000/- Rs. 500/- |
USD 20/- USD 5/- |
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USD SLIPS - Outward |
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| USD-SLIPS | |||||
| Customer Transfers | Auto | - | USD 20/- | ||
Bank Draft Issuance/Cancellation - Drawn on a Nostro A/C |
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Issuance of Foreign Currency Bank Draft on Nostro A/C and HNB |
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| Issuance Commission | |||||
| USD Drafts Up to USD 1,000/‐ | Auto | Rs. 300/‐ | USD 5/- | ||
| USD Drafts USD 1,001 upto 25,000/‐ | Auto | Rs. 1,000/‐ | USD 10/- | ||
| USD Drafts Above 25,000/‐ | Auto | Rs. 2,500/‐ | USD 25/- | ||
| PLUS Cost of Swift MT 110 (Please ensure MT 110 is sent to the drawee bank) | Auto |
Rs. 500/‐ | USD 5/- | ||
| All other currency Drafts Commission: | Auto | Rs. 1,000/‐ | USD 10/- | ||
| PLUS Cost of Swift MT 110 (Please ensure MT 110 is sent to the drawee bank) | Auto |
Rs. 500/- |
USD 5/- | ||
| Cancellation | |||||
| Cancellation of Drafts | Manual | Rs. 750/- | USD 5/- | ||
| Cancellation and Re‐issue of drafts | Cancellation - Manual Re-issuance - Auto |
Rs. 1,000/- + Issuance charge | USD 10/- | ||
| Stop Payments | Manual | Rs. 1,500/‐ | USD 15/- | ||
| SWIFT | Manual | Rs. 500/‐ | USD 5/- | ||
| Foreign Bank Charge for Cancellation (For currencies other than USD, STG, EUR, AUD please contact Operations Dept) | Manual |
USD- 10, STG- 15, EUR- 30, AUD- 40 |
USD- 10, STG- 15, EUR- 30, AUD- 40 |
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FCBU |
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| Sales commission of issuing of foreign currency | |||||
| Issuing of Foreign Notes total value | Auto | 1% subject to min. commission equivalent to Rs. 500/- | |||
| Statements | |||||
| Daily/Weekly | Auto | USD 20- p.m | |||
| Issuance of Duplicate Statements | Manual | USD 5- per statement | |||
| Service Fee | |||||
| Balance Below Individual USD 2,000- | Auto | USD 20- p.m | |||
| Balance Below Non-Individual USD 3,000- | Auto | USD 20- p.m | |||
| Remittances | |||||
| (a) Inward T.T | Auto | USD 7- | |||
| (b) Outward T.T | as applicable to DBU | ||||
| Inquiries And Amendments | |||||
| On Outward Remittances | Auto | USD 10- | |||
| Drafts | |||||
| (a) Local USD Drafts | as applicable to DBU | ||||
| (b) Foreign Drafts (All Currencies) | as applicable to DBU | ||||
| Standing Orders | |||||
| Standing Orders (between FCBU accounts) | Auto | USD 2.5- | |||
| Balance Confirmations | |||||
| Balance Confirmations | Auto | USD 5- | |||
| Closure | |||||
| Closure Of Accounts | Auto | USD 25- | |||
| Transfers | |||||
| Manual Rupee & Foreign Currency Transfers | Auto | USD 2- | |||
