International Tariffs

 

 

 

REVISED TARIFFS ON INTERNATIONAL SERVICES (w.e.f. 18.03.2022)

Last reviewed date: 05-02-2023

 

  
  Recovery Method LKR Account 
(Rs.)
Foreign Currency Accounts 
(USD)

Foreign Currency Notes

     
Sales Commission (“Issuing”)      
       
Foreign Currency Notes - total value BFCA/DFA/IIA/RGFCA/OIA  Auto 2% subject to minimum 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  - 1% subject to minimum commission to equivalent to Rs 500/-

Foreign Currency Accounts (Excluding FCBU)

     
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

     

Telegraphic Transfers- Inward

Telegraphic Transfer      
       
Handling Charges related to LKR/Foreign Accounts - BFCA/DFA/IIA /RGFCA/OIA Auto Rs. 400/- USD 5 or equivalent
       
Handling charges related to FCBU accounts Auto - USD 7
       
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

Foreign Bank Cheques/Draft-Purchase      
       

Purchase of Bank Drafts Drawn in Foreign Currency on Overseas Bank

 

Up to USD 500

USD 501 – 1,000

USD 1,001 – 2,000

USD 2,001 – 5,000

USD 5,001 – 25,000

Above USD 25,000

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-

       
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

Foreign Bank Cheques/Draft Sent on collection      
       

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-

       

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

       
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

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

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

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

Telegraphic Transfers - Outward (Non Commercial Transactions)

Telegraphic Transfer      
       

- 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

 

       
Telegraphic Transfer      
       

Cancellation refund or amendments

plus SWIFT 

Manual

Manual

Rs. 1,000/-

Rs. 500/-

USD 20

USD 5

       

USD SLIPS - Outward

USD-SLIPS      
       
Customer Transfers  Auto - USD 20
       

Bank Draft Issuance/Cancellation - Drawn on a Nostro A/C

     

Issuance of Foreign Currency Bank Draft on Nostro A/C and HNB

     
Issuance Commission       
USD Drafts  Up to USD 1,000/‐  Auto Rs. 300/‐ USD 
USD Drafts  USD 1,001 up to 25,000/‐  Auto Rs. 1,000/‐ USD 
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

 
       

FCBU

     
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  Auto   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-
       
 * (Revised)
 
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