Inward Investment
Accounts
Inward Investment Accounts (IIA) are specially designed for foreign
currency depositors, ideal for non-Sri Lankan citizens and non
resident Sri Lankan citizens. It is the best way to enjoy higher
interest rates on your foreign currency. If you’re looking to
capitalize on opportunities in the currency markets, IIA offers you an
easy and flexible way to invest in foreign currencies.
Features at a
glance
-
Permitted debits are outward remittances, transfers to other IIA
of the same account holder and disbursements in Sri Lanka in LKR
-
Permitted credits are proceeds of inward remittances received from
abroad for the purpose of investing in such deposits
-
A choice of designated currencies in which you can maintain your
account
-
Option of maintaining a foreign currency account or converting
your foreign currency deposit to Sri lankan Rupees to enjoy a
attractive interest rate
-
A minimum account balance of US$ 100 or equivalent in other
designated foreign currencies or LKR should be maintained
To Whom
IIA is for?
-
Non Sri Lankan citizens in foreign countries
-
Citizens of foreign countries holding temporary visas to live or
work in Sri Lanka
-
Sri Lankan citizens employed overseas
-
Corporate entities registered outside Sri Lanka
-
Foreign institutional investors – Country Funds, Mutual Funds and
Regional Funds
