Rule · CBSL · 14 Jun 2024 · Banking Act Order No. 01 of 2024

Banking (Off-Shore Banking Business) Order Designating Foreign Currencies

fx

The Central Bank of Sri Lanka issued this order to designate sixteen specific foreign currencies for licensed commercial banks conducting off-shore banking business. Effective 15 June 2024, the order supersedes the 2022 scheme and establishes Australian, Canadian, Chinese, Danish, Euro, Hong Kong, Indian, Japanese, New Zealand, Norwegian, British, Singaporean, Swedish, Swiss, Thai, and United States currencies as the official designated foreign currencies. Licensed commercial banks may now conduct off-shore transactions exclusively in these designated currencies under Section 22A of the Banking Act No. 30 of 1988, as amended.

Sri LankaCentral Bank of Sri Lanka

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (1)
Supersedes
Mentions (1): 1 document mentions this one without changing it
Referred to by

More like this from CBSL

We email you every new CBSL publication the day it's published.

Source: Central Bank of Sri Lanka — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated

FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.