Regulatory Alerts2025-02-07 | Circular No. 2 of 2025Maximum Limits on Transaction Values and Fees of Common Electronic Fund Transfer Switch
The Central Bank of Sri Lanka issued Payment and Settlement Systems Circular No. 02 of 2025 to establish maximum transaction values and fees for the Common Electronic Fund Transfer Switch (CEFTS). The regulation caps standard fund transfers at Rs. 5 million per transaction while allowing higher limits for specific government payments, and restricts transaction fees to Rs. 25 for digital channels and Rs. 100 for over-the-counter or off-us ATM transfers. This circular replaces the previous 2020 directive and becomes effective on 15 February 2025.
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