Regulatory Alerts2020-09-17 | Payment and Settlement Systems Circular No. 18 of 2020Revision of Transaction Fees of LankaSettle System and Extension of Cut-off Time for Accepting Customer Transactions
The Central Bank of Sri Lanka has approved a reduction in LankaSettle system transaction fees, lowering the operator charge to LKR 200 and the maximum customer fee to LKR 400. These revised fee structures replace previous regulations and become effective on 01 October 2020. Additionally, the cut-off time for accepting customer transactions is extended to 1230 hrs on every business day starting from the same date.
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